Fullerton, CA 92833 1616 Picadilly Way
$1,350,000
14 more
Presented By: Sharon Tai with Berkshire Hathaway HomeServices California Properties; 714-270-9662
- MLS# PW25078318
- 04/09/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 8
Baths • 4
SQFT • 3,743
Garage • 6
Home Details
Huge price reduction for 100K, this well-maintained 2-story apartment building offers steady rental income with a long-term tenant and additional revenue from an on-site laundry room. Ideally located near freeway access to the 5 and 91, it provides easy commuting, ample street parking, and low-maintenance ownership. Perfect for investors seeking cash flow and value-add potential in a high-demand area!
Presented By: Sharon Tai with Berkshire Hathaway HomeServices California Properties; 714-270-9662
Interior Features for 1616 Picadilly Way
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea, LaundryRoom
Total Stories2
Other Rooms
Entry Level1
General for 1616 Picadilly Way
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityFullerton
Community FeaturesStreetLights, Sidewalks
CountyOrange
DirectionsFrom Magnolia toward South, turn right on Buckingham St, turn right onto Picadilly Way
Electric Expense422.0
Electric On Property Y/NNo
Entry LocationFront
Fuel Expense0.0
Garage Spaces6.0
Garage Y/NYes
Gross Income89400.0
HOANo
Home Warranty Y/NNo
Insurance Expense5000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Conventional, Exchange1031, Submit
Lot Size Square Feet7405.0
Lot Size UnitsSquareFeet
MLS Area83 - Fullerton
MaintenanceExpense900.0
MobileHomeRemainsYNNo
Net Operating Income60119.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Operating Expense29281.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerSewerTapPaid
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Subdivision Name0
Tax Lot5
Tenant PaysElectricity
Trash Expense1126.0
Water Sewer Expense893.0
Year Built1964
Year Built SourceEstimated
Exterior for 1616 Picadilly Way
Building Area Total3743.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLandscaped, SprinklerSystem
Lot Size Acres0.17
Lot Size Area7405.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters5
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking6.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate