1310 Valencia Drive, Fullerton
Fullerton Home For Sale
The most desirable 6 Unit Apartment Building for sale in Orange County and an exceptional investment opportunity, located 1.8 miles from Downtown Fullerton, and 2.4 miles from Fullerton College. The entire building was remodeled over the course of two years and $500,000.00 + in upgrades were made to the property. Additional property features include brand new stainless steel LG appliances, Air Conditioning and Heating throughout the 3 of the apartments, and brand new vinyl flooring. The remodeled units also feature exceptional, fully tiled bathroom floors and walls, combined with a walk in showers for a truly peaceful spa like experience. The spacious galley kitchens have designer Quartz countertops from Bedrosians, gas LG ranges, dishwashers, refrigerators and freezers, and offer ample area for storage, cooking, and counter-space. Three of the units have been meticulously remodeled and no expense was spared to make sure that they are completely up to 2024 living standards. The property also boasts a detached garage complex comprised of (3) spacious 2 car garages that are all rented for an additional $400.00 per month. Zero Vacancy 4.7% Cap Rate currently in place with a 5.3%+ Cap Rate attainable once remaining 3 units are brought up to market rent. Possible to deliver 1 under market rent unit vacant at close of escrow if desired. Overall turn-key, low maintenance asset, with big upside potential.
Property Details
Additional Information
-
- City:
- Fullerton
-
- County:
- Orange
-
- Zip:
- 92833
-
- MLS® #:
- 24343681
-
- Bedrooms:
- 4
-
- Bathrooms:
- 3
-
- Square Ft:
- 4,731
-
- Lot Size:
- 0.17
-
- Levels:
- Two, Multi/Split
-
- Garages:
- 6
-
- HOA Dues:
- $
Price Change History for 1310 Valencia Drive, Fullerton, (MLS® #24343681)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $3,300,000) | $3,100,000 | $200,000 (6.06%) |
Based on information from California Regional Multiple Listing Service, Inc. as of May 2nd, 2024 at 1:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.