1600 Picadilly, Fullerton, CA 92833
- $1,599,000
- List Price
- $1,599,000
- Status
- ACTIVE
- MLS#
- PW26144190
- Year Built
- 1964
- Lot Size
- 7,523
- Acres
- 0.17
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 24
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
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.
/u.realgeeks.media/ericengelbert/Realtor-Orange-County.png)
Additional Information
- Appliances
- Built-In Range, Dishwasher, Gas Oven
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None, Wall/Window Unit(s)
- View
- None
- Roof
- Asphalt
- Garage Spaces Total
- 1
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Open Floorplan
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $107,100
- Operating Expense
- 9633
Listing courtesy of Listing Agent: Darin Wilson (darinwilson@wrg-financial.com) from Listing Office: Legacy Real Estate.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.