“It’s good to be king!” Indeed, if you are Cal State Fullerton’s president, Milton Gordon, you are living the good life at the old Chapman family property known as the El Dorado Ranch at 225 West Union Avenue. Gordon’s residence is a sprawling 4+ acre palatial estate sitting high in the Fullerton hills overlooking the commoners eking out a living below and no longer appears to be a working ranch despite its name.
The 8+ room mansion may be slightly dated from the 1950s but the age is compensated for by the 8 bathrooms! The nearly 6,000-sqft palace was a gift to Cal State Fullerton back in 1989 from C.J. Chapman, Jr., Mary Anne Baine, Elizabeth E. Bowman. They also gave the Cal State Fullerton Foundation $159,000 for maintenance. Currently, this enormous public property is valued at $3,351,724 for tax assessment purposes (although the property is exempt from actually incurring property taxes). I would guess the value to be more like $4,000,000 in a “normal” economy. The secluded compound is an excellent destination for Fullerton residents and tourists alike to visit although there is no formal docent to guide you.
Isn’t housing a traditional perk for college Presidents and won’t the next CSF President reside there after this guy retires?
Maybe for private colleges. This guy is a public employee. Looks like he’s got a private tennis court, too.
Maybe he’s has other inheritance…