1600 Picadilly, Fullerton, CA 92833

• 3,980 sqft

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.

Listing Status:

Active

Date Added:

July 2, 2026

Data Last Updated:

July 5, 2026 at 7:17AM

Listing Office:

Legacy Real Estate : 714-340-1999

Listing Agent:

Darin Wilson : 7145801014

MLS ID:

PW26144190

Interior

• General: Open Floorplan
• Appliances: Built-In RangeDishwasherGas Oven
• Laundry: Common Area
• Flooring: TileVinyl
• A/C: NoneWall/Window Unit(s)
• Heating: Wall Furnace
• Fireplace: None
• Disability Feature: None

Exterior

• General: None
• Pool: None
• Parking: Parking spaces: 1

Construction

• Roofing: Asphalt
• General: 2

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_CRM
• County: Orange

Lot

• Zoning: 07135132
• View: None

Utilities

• Utilities: Natural Gas ConnectedStandard
• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS_CRM