Active

1600 Picadilly

Fullerton, CA 92833
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Bed 4

Bed

Bath 2

Bath

SqFt3,980

Sqft

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 minutes 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 : Residential Income

Price : $1,599,000

AD Id : 87497977

MLS Id : PW26144190

Beds : 4

Lot Size : 7,523 Sqft

Living Area Size : 3,980

Year Built : 1964

Garage : 1

County : Orange

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Roof: Asphalt Interior Features: Open Floorplan Property Appliances: Built-In Range,Dishwasher,Gas Oven Fireplace: None Flooring: Tile,Vinyl
  • Cooling Features

    None,Wall/Window Unit(s) Air Conditioning

    Heating Source

    Wall Furnace Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1964 Building Area Total: 3,980 Roof: Asphalt
  • Accessibility Features

    None

    Pool Features

    None

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1727
  • Lot Size Source: Assessor Lot Size Square Feet: 7523

  • Listing Price Information

    Original List Price: 1,599,000 Listing Contract Date: 2026-07-02
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 07135132

  • Rental Info

    Lease Term: Negotiable Tenant Pays: All Utilities

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 83 - Fullerton Directions: 91 and 5 freeway and Magnolia Source Property Type: Residential Income Area: 83 - Fullerton Property SubType: Quadruplex
  • Building and Construction

    Property Age: 62 Common Walls: 1 Common Wall Structure Type: Quadruplex Year Built Source: Assessor Entry Level: 2 Entry Location: Level and stairs Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4032 W Valencia Drive, Fullerton, CA, 92833 $1,549,900 9 4 3,238 3,238 SqFt

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ByOwner last updated this listing 07/14/2026 @ 09:04

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

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