504 Harbor BlvdFullerton, CA 92832

Property Details for 504 Harbor Blvd

Year built

1922

Lot size

0.16 AC

Property size (Sq ft)

2,757 SF

Property type

Retail properties

Property subtype

Retail space

APN

033-052-22

APU

3305222

Description

This exceptional commercial property at 504 Harbor Boulevard, Fullerton, CA, presents a unique investment opportunity. Spanning 2,165 square feet on a 0.16-acre lot, this property boasts a prime location just minutes from Downtown Fullerton, ensuring high visibility and significant foot traffic. The property's strategic positioning is further enhanced by its proximity to a Metro bus stop, providing convenient access for employees and customers. The building comprises three distinct units, offering versatility and income potential. Unit #504, measuring 1040 square feet, is ideally suited for office or retail use and is ready for immediate occupancy. Unit #506, a 592-square-foot bonus structure, provides ample storage space or could be easily converted into a break room or additional office space. Finally, Unit #508, a 1125-square-foot space, is currently generating income as a dental office. The property has undergone numerous recent updates. Ample parking is available in the rear, secured by a remote-controlled gate, offering both indoor and outdoor parking options for tenants and visitors. This property is priced at $1,600,000 and represents a compelling investment in a thriving Fullerton location. Don't miss this chance to acquire a versatile and well-maintained commercial property with significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $878,943

  6.5%

  $811,332

  7%

  $753,379

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,282,516

  Geo Method

  $1,349,162

• Alternative Use

  Use

  Valuation

  Residential

  $684,389

  Hospitality

  $626,896

  Educational

  $521,570

  Medical

  $539,508

  Retail

  $811,332

Location Insight

City

Fullerton

County

Orange

State

California

Latitude

33.8659

Longitude

-117.924

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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