565 N Commonwealth Ave, Fullerton, CA 92831 | MLS #CV26027596 | Willis Allen Real Estate
 
  • 139 days on site
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This fully remodeled, turnkey restaurant is located at the high-traffic intersection of Commonwealth Ave and Chapman Ave in Fullerton, within walking distance of two major universities. The location benefits from strong foot traffic, a dense student population, and excellent visibility. A major demand driver is on the way: beginning October 2025, a large student housing development known as HUB is being constructed directly across the street, with additional dorm projects expected to be completed soon. Once completed, over three thousand students will be living within steps of the restaurant, creating significant upside potential. The property includes a large parking lot with free two-hour parking for restaurant customers. The current owner is willing to provide training and introduce all existing vendors to ensure a smooth transition for a buyer who wishes to continue the current concept. The space is also well-suited for conversion to a different restaurant concept, offering flexibility for an owner with a new vision. With low rent and strong location fundamentals, this business is ideal for a hands-on owner-operator seeking increased profitability. Growth Opportunities: Increased short-form advertising and consistent marketing across social media platforms (Instagram, TikTok, Google) Capitalizing on the upcoming student housing development across the street Extended hours or menu optimization to capture student demand Reason for Sale: Owner is relocating, making it more difficult to commute to and operate the business.

Source: CRMLS, MLS#: CV26027596

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  • Property Type
    Business Opportunity

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  • Median Age
    30
  • Population Density
    6,060
  • College Educated
    51%
  • Estimated Median Income
    $80,279
  • Estimated Total Home Owners
    5,092
  • Estimated Total Renters
    6,876
  • Owner / Renter Divide
    43% / 57%
  • Estimated Average Household Size
    3
  • Total Population
    36,211
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 565 N Commonwealth Ave


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
2/10/2026Source: CRMLS Added to Database
February 10, 2026
Listing provided courtesy of REAL ESTATE EBROKER, INC.Shahid Rana- MLS# CV26027596MLS ProviderContact Information: [email protected] - 760-722-3222