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Millman Team Real Estate

$2,100,000
10 Bed
7 Bath
3,217 Sqft
0.14 Acre Lot

116 -114 N Cornell, Fullerton, California 92831

  • Residential Property Type
  • 3,217 Sqft Square Footage
  • Driveway Cars Garage
  • 1922 Year Built
Property Description

A rare opportunity to own a four-unit income property in Fullerton’s Historic Preservation Zone. Zoned R2P, this exceptional investment offers incredible flexibility for investors, owner-occupants, or multi-generational living. Featuring four separate addresses, individually metered electricity, and private laundry for each unit, this turnkey property is thoughtfully designed for convenience, efficient management, and maximum income potential. The beautifully remodeled 3-bedroom, 2-bathroom main house (116 N Cornell) is tucked away at the rear of the property with direct access to a quiet alley, offering privacy and convenience. Adjacent to the main house, the original two-story garage building (114 N Cornell) includes a charming 225 sq. ft. studio apartment upstairs, complete with a kitchenette and full bathroom. At the front of the property sits a brand-new duplex (114A & 114B N Cornell), completed in July 2026, featuring two spacious 3-bedroom, 2-bathroom units—one upstairs and one downstairs—each offering just under 1, 000 sq. ft. of living space. Both units come equipped with fully paid-off solar systems, providing energy efficiency, lower electricity costs, and long-term value. All four units showcase high-end finishes, including luxury vinyl plank flooring, soaring ceilings, and energy-efficient ductless mini-split systems throughout. The modern kitchens feature quartz countertops, stainless steel appliances, and ceiling-height Shaker cabinetry. Bathrooms are beautifully appointed with designer vanities, custom tilework, and frameless glass shower doors. Outdoor spaces are equally inviting. The main house offers a private patio, while the newly constructed duplex features a charming front yard enclosed by a classic white picket fence. Location is everything! Situated in the heart of Downtown Fullerton, you’ll enjoy walking distance to popular restaurants, coffee shops, boutiques, and entertainment along Commonwealth Avenue. The property is near award-winning Troy High School, as well as Fullerton College, Cal State Fullerton, and the Fullerton Transportation Center. Downtown Anaheim, Angel Stadium, and Disneyland are all nearby. Whether you’re looking to live in one unit while generating rental income from the others, expand your investment portfolio with immediate cash flow, or accommodate a large or multigenerational family, this versatile property checks every box—don’t miss this exceptional opportunity!

Basic Details
Residential
For Sale
WS26158071
$2,100,000
Neighborhood
10
7
3,217 Sqft
1922
0.14 Acre
Active
Single Family Residence
: Asphalt
Features
: None
: Zoned
: Zoned
: Wood
: None
: Covered, Porch
: Driveway
: Cottage
: Vinyl
: All Bedrooms Down
: Inside, Stacked
: Public Sewer
: Electricity Connected, Sewer Connected, Water Connected, Electricity Available, Sewer Available, Water Available
: Double Pane Windows
$0
Appliances
: Microwave, Disposal, Electric Oven
Address Map
CA
Orange
Fullerton
N/A
92831
Cornell
116 -114
W118° 5' 26.1''
N33° 52' 15.9''
N Cornell Ave & E Commonwealth Ave
83 - Fullerton
N
Neighborhood
Fullerton Joint Union High
Additional Information
$0
$0
$0
$0
$0
: Urban
1
: Multi/Split
: Yard
4
2026-07-21
1
https://drive.google.com/file/d/1cbPo12X8rS2v3tFBJTcr-YNHl4aW007n/view?usp=drive_link
: Public
Broker/Agent Information
Pinnacle Real Estate Group
BETTY WU
Listing Information
RAYMOND TSAI
W74329
20652
Pinnacle Real Estate Group
WS84259
20652
Cash, Cash to New Loan, Conventional, 1031 Exchange
Active
2026-07-27T00:02:53Z
CRMLS
: Standard
2026-07-21T13:16:47Z
Agent info
Ray Millman
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