Welcome to 301 Malvern Ave, a beautifully upgraded home located in the heart of Fullerton’s charming historic district. Thoughtfully renovated in 2025, this residence has been expanded from its original 2-bedroom, 1.5-bath layout into a spacious 3-bedroom, 3-bath home, offering both modern comfort and timeless character. Featuring approximately 1,660 square feet of living space, the home showcases elegant hardwood flooring throughout and enhanced recessed ceiling lighting that creates a warm and inviting ambiance. The functional floor plan provides ample room for both everyday living and entertaining.Situated on a generous 8,400 square foot lot, the property offers plenty of outdoor space with endless potential for landscaping, entertaining, or future additions. Conveniently located near Fullerton College, a variety of dining options, shopping, and the scenic Hillcrest Park, this home combines lifestyle, location, and flexibility in one exceptional opportunity. Enjoy the significant financial benefits of the Mills Act Program with this unique property, where owners may take advantage of substantial property tax savings—currently paying only approximately $1,350 annually. This rare incentive offers long-term value while preserving the character and charm of a historically significant home.