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Millman Team Real Estate

$1,599,000
0.17 Acre Lot

1600 Picadilly, Fullerton, California 92833

  • Residential Income Property Type
  • 1964 Year Built
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.

Basic Details
Residential Income
For Sale
PW26144190
$1,599,000
None
1964
0.17 Acre
Active
1
Quadruplex
: Asphalt
Features
: None
: Wall Furnace
: None, Wall/Window Unit(s)
: None
: Tile, Vinyl
: Open Floorplan
: Common Area
: Public Sewer
: Natural Gas Connected
$0
Appliances
: Dishwasher, Gas Oven, Built-In Range
Address Map
CA
Orange
Fullerton
None
92833
Picadilly
1600
W118° 1' 30.3''
N33° 51' 22.3''
91 and 5 freeway and Magnolia
83 - Fullerton
Additional Information
$0
$0
$0
$0
$0
: None
3980
: Suburban
Standard
2
1.0
: Two
: 0-1 Unit/Acre
4
2026-07-02
2
2
: Public
Broker/Agent Information
Legacy Real Estate
Darin Wilson
Listing Information
Christian Wilson
PWCHRISW
PB22294
Legacy Real Estate
PDARSWIL
PB22294
Conventional, FHA, Fannie Mae, Freddie Mac, Government Loan, Submit
Active
2026-07-10T17:57:42Z
CRMLS
: Standard
2026-07-10T10:47:38Z
Agent info
Ray Millman
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