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1600 Picadilly

Fullerton, CA 92833
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Bed 4

Bed

Bath 2

Bath

SqFt7,523

Sqft(Lot)

Exceptional investment opportunity in the heart of Orange County! This well-maintained four-unit income-producing property offers immediate cash flow with outstanding long-term upside. Ideally situated in a highly desirable rental market, this rare multifamily asset features four fully leased units with strong rental demand and significant value-add potential. Positioned on an oversized lot, the property offers the opportunity to add two additional units (buyer to verify with the appropriate city and local agencies), creating the potential to substantially increase rental income and overall property value. Whether you're an experienced investor looking to expand your portfolio or an owner seeking a prime redevelopment opportunity, this property checks every box. Located just minu tes from major employment centers, shopping, dining, entertainment, beaches, and convenient freeway access, tenants enjoy everything Orange County has to offer. The central location continues to attract high-quality renters, making vacancy rates consistently low and future appreciation highly attractive. Opportunities like this are increasingly rare—a stable income-producing asset with immediate cash flow, future development potential, and a premier Orange County location. Don't miss your chance to own a versatile investment with exceptional upside in one of Southern California's most sought-after markets.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,499,000

AD Id : 87497977

MLS Id : PW26144190

Beds : 4

Lot Size : 7,523 Sqft

Year Built : 1964

Garage : 1

County : Orange

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Feature Features

  • Interior Features

    OpenFloorplan
    Roof: Asphalt
    Appliances: BuiltInRange, Dishwasher, GasOven
    Laundry Features: CommonArea
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Cooling: None, WallWindowUnits

  • Building Information

    Year Built: 1964
    Building Area Total: 3980
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 7523 Lot Size Acres: 0.1727 Lot Size Source: Assessor Lot Size Square Feet: 7,523 Lot Description: ZeroToOneUnitAcre

    Property Information

    Subdivision: None Source Property Type: ResidentialIncome Property SubType: Quadruplex Levels: Two Property Age: 62

  • Listing Price Information

    Listing Price: $1499000
    Original Price: $1599000
    Conventional, FHA, FannieMae, FreddieMac, GovernmentLoan, Submit

  • Tax Information

    Parcel Number: 07135132 Tax Lot: 7

  • Parking Information

    Parking Total: 1

    Garage Information

    Has Garage: Yes Garage Space: 1

  • Utility Information

    NaturalGasConnected
  • Location Information

    Direction: 91 and 5 freeway and Magnolia WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4032 W Valencia Drive, Fullerton, CA, 92833 $1,449,900 9 4 -- 12,201 Sqft

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ByOwner last updated this listing 09/05/2026 @ 16:40

MLS: PW26144190 LISTED BY: Darin Wilson, Legacy Real Estate 714-340-1999 SOURCE: CRMLS

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