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We are pleased to offer the opportunity to acquire 2631 Andover Ave, a 4-unit Covington style apartment building located in a highly desirable neighborhood in Fullerton, just half a mile from Cal State Fullerton. Built in 1964, this 4,302 SqFt property on a 7,211 SqFt lot offers strong fundamentals and an attractive unit mix consisting of one (1) three-bed, two-bath unit, two (2) two-bed, one and a half-bath townhome units, and one (1) two-bed, one-bath unit. The parking consists of two (2) double-car and two (2) single-car remote controlled garages. The building itself features a new, a recent deck replacement for Unit 4, upgraded central HVAC in Unit 1, and a fresh paint job that ties into its unique curb appeal. Select units have private patios and also underwent interior upgrades, including modernized kitchens and bathrooms, granite countertops, and luxury vinyl plank and ceramic tile flooring. The property is individually metered for electricity/gas and utilizes a RUBS Program that minimizes operating expenses. 2631 Andover Ave presents a rare opportunity to acquire a well-maintained, turnkey asset with stable in-place income, offering rental upside at approximately 14%. This provides investors with the chance to increase cash flow through interior renovations, rental repositioning, or expansion potential. Surrounded by major business parks, shopping centers, restaurants, and entertainment, with easy access to the 5, 57, 90, and 91 freeways and strong rental demand, this property represents an exceptional investment and long-term appreciation potential in one of Fullerton's most sought-after neighborhoods. This is a great opportunity to own a quality multifamily property in Orange County.
Property Type(s):
Residential Income
| Last Updated | 11/11/2026 | Year Built | 1964 |
|---|---|---|---|
| Community | 83 - Fullerton | Garage Spaces | 6.0 |
| County | Orange |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Refrigerator, Washer |
| AREA | 83 - Fullerton |
| GARAGE | Yes |
| HEAT | Central |
| LOT | 7209 sq ft |
| LOT DIMENSIONS | 70x103 |
| PARKING | Garage |
| STORIES | 2 |
Location
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Listed with Matthews Real Estate Investment Services
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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