For Sale $1,200,000
MLS #: PW17192946 | Built 1956 | Lot Size: Acres | Area: 83 - Fullerton | Type: Other
Rare Mixed Use Investment opportunity in Downtown Fullerton Located near the corner of Chapman and Harbor. Commercial Portion fronts Whiting with parking and access from Chapman. The residential access is primarily from Chapman Side. Parking lot is located on North side and stall count depends on how it's arranged. Residential units consists of a cottage at ground level, a studio and large apartment both upstairs. Owners brought the Commercial portion of the property up to ADA standards and invested appx $200k in upgrades to the commercial portion including 400AMP electric, new front windows, drainage, sound proof walls, doors, zoned AC, air cleaning system, new condenser and coil and refrigerant and mostly all new sewer lines. Cottage unit was re-plumbed. Great opportunity to live on-site and rent out the other units. Potential for bigger development. Zoning allows 60DU/acre subject to setbacks, parking and open space requirements etc. combine the parcels and An architect will need to look at code and come up with a proposal for city to review.