1600 PicadillyFullerton, CA 92833

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.

Property Information

Property type

Residential Income

Sub-type

Quadruplex

Year built

1964

Stories

2

Building area

3,980 Sq Ft

Lot size

0.17 acres

Garage spaces

1

Parking spaces

1

Days on market

95

MLS^® Listing#

PW26144190

Property Features

Interior

Open Floorplan

Appliances

Built-In Range · Dishwasher · Gas Oven

Cooling

None · Wall/Window Unit(s)

Heating

Wall Furnace

Flooring

Tile · Vinyl

Fireplace

None

Pool

None

Laundry

Common Area

Roof

Asphalt

Community

Suburban

Utilities

Natural Gas Connected

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Parcel number

07135132

Directions

91 and 5 freeway and Magnolia