422 W Amerige Avenue, Fullerton, CA 92832

Live in One, Rent the Other! Rare Downtown Fullerton Property Featuring Two Homes on One Lot with Income Potential on a 7,000+ Sq. Ft. Lot. Total Potential Monthly Income: $7,000/month. All Utilities Paid by Tenants. Rare Downtown Fullerton Opportunity Ideal for Investors, 1031-exchange Buyers, and Owner-Occupants seeking Rental Income. Welcome to 422 W. Amerige Avenue, a truly unique property offering the perfect combination of charm, modern upgrades, and investment potential in one of Fullerton's most desirable neighborhoods. Situated on an expansive7,000+ square foot lotin the heart of Downtown Fullerton, this exceptional property features: UNIT 1 - MAIN HOUSE | a beautifully updated 3-bedroom, 2-bath main residence with approximately 1,474 square feet of living space. UNIT 2 - ADU | Built in 2026, fully permitted 2-bedroom, 2-bath offering approximately 1,000 square feet. The ADU is currently tenant-occupied, generating$3,000 per month in rental income, with an existingtwo-year lease in place, providing immediate and stable cash flow for investors. The owner has invested significantly in quality improvements, including newer windows (2023), a California Cool Roof (2024), a newer HVAC system (2021), and anew electric water heater installed in 2026. The stylish kitchen features a premium Fisher & Paykel electric oven, while the Nest smart thermostat provides convenient climate control from anywhere. Step outside and enjoy the private side patio and elevated deck with electricityperfect for entertaining, outdoor dining, or creating your own backyard retreat. The generous