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Fullerton, CA

$1,599,000

1600 Picadilly, Fullerton, CA
1964
Built
7
Days listed

About this home

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.

Facts & features

Interior
Interior features
Open Floorplan
Appliances
Built In Range, Dishwasher, Gas Oven
Flooring
Tile, Vinyl
Fireplace
None
Heating
Wall Furnace
Cooling
None, Wall Window Units
Laundry
Common Area
Levels
Two
Spa
None
Exterior & lot
Lot size
0.173 acres (7,523 sq ft)
Pool
None
Year built
1964
Parking spaces
1
Community
Area
83 - Fullerton
County
Orange
Community features
Suburban
Listing details
Status
Active
Property type
Quadruplex
Days on market
7
Listed
2026-07-02
Terms
Conventional, FHA, Fannie Mae, Freddie Mac, Government Loan, Submit
Parcel #
07135132
MLS #
PW26144190
Listed by
Darin Wilson · Legacy Real Estate

Location

Price history

Listed
$1,599,000 · 2026-07-02
Days on market
7
Current price
$1,599,000
Financing

Could this home be yours?

Estimated monthly payment
$10,031
$8,085 principal & interest · $1,945 taxes & insurance
$319,800
Estimate only
Loan $1,279,200

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Listing data provided by CRMLS

Listing courtesy of Legacy Real Estate. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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