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Rare opportunity to acquire a vacant freestanding commercial property in the heart of Fullerton, offering immediate usability and strong redevelopment potential. Situated on a 0.48-acre lot, the property features two separate buildings totaling ±11,841 SF, providing a unique combination of retail frontage and functional back-end space: Building #1 (Front): ±7,841 SF retail/showroom space with strong street presence along Commonwealth Avenue. Building #2 (Rear): ±4,000 SF warehouse/flex space, ideal for storage, operations, or conversion to creative use. Building #1 Delivered vacant, this asset gives an owner-user full control to occupy, customize, or split the space for multiple uses. The dual-building layout also creates opportunities for partial lease-up, multi-tenant configuration, or phased redevelopment. Zoned C3-ROD (Restaurant Overlay District), the property supports a wide range of uses including restaurant, retail, fitness, medical, or adaptive reuse, making it especially attractive for buyers seeking both functionality and long-term upside. The site benefits from strong visibility and exposure, with over 17,000+ vehicles per day along Commonwealth Avenue, and offers convenient access to the I-5, 91, and 57 Freeways, ensuring excellent regional connectivity.
Listing agent: Fred Ashkar DRE #00925837 Fred@FredAshkar.com, Listing office: Re/Max Premier Properties
MLS data updated 10/21/2026, 8:46:14 PM PT
Source: CRMLS, MLS #: AR26214651
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 7, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$4,000,000Asking price recorded · Oct 7, 2026ZIP 92832 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.