1310 W Valencia Drive

Fullerton, CA 92833

  • 8 Bed(s)
  • 0 Bath(s)
  • 4,731 Sqft
  • 7405
    Sqft(Lot)
$2,700,000

Description

Allure capital management, as the exclusive advisor, is pleased to present the opportunity to purchase 1310 w valencia drive, a 6-unit, apartment building located in fullerton california, within the highly coveted multi-family submarket of orange county, ca. the property is centrally located in the city of fullerton, an highly sought after city that is home to renowned educational institutes such as california state university of fullerton (csuf), and fullerton college. the property is also strategically located amongst southern california's well-connected highway network, including the 91, 57, and 5 freeways, offering access to major employment centers such as downtown los angeles, anaheim, and irvine. fullerton's central location allows residents to enjoy the suburban lifestyle while being within reasonable reach of bustling urban centers.in 2023, the property underwent a transformative $650,000 renovation, strategically enhancing its infrastructure with brand new plumbing, electrical, and irrigation systems. beyond these essential improvements, the exterior of the property received a stylish makeover, including all new windows, doors, stucco, perimeter wall with key fob access, and landscaping further elevating its aesthetic appeal. in 2023/2024, 4 of the 6 units were completely gutted and remodeled, and the remaining two units were remodeled in 2014. this comprehensive revitalization underscores a commitment to providing residents with not only functional efficiency but also an elevated and modern living experience.the property features six fully remodeled 2 car garages which the tenants rent separately, and an on-site laundry room that was also fully remodeled in 2024. the property is 100% leased and will provide an investor with stable consistent cash flow from a highly coveted turn-key asset. the new purchaser would also have the option of remodeling the last two units and renting them for more once completed.

  • Property Type

    Residential Income

  • County

    Orange

  • Style

    Residential Income

  • AD ID

    47536526

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Property Details

  • Bedroom Information

    • Total Bedrooms : 8

    Bathroom Information

    • Total Baths: 6
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Dryer,Washer

    Cooling Features

    • Dual
    • Air Conditioning

    Heating Source

    • Combination,Electric,Zoned
    • Has Heating

  • Building Information

    • Year Built: 1956
    • Building Area Total: 4,731

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.17
    • Lot Size Dimensions: 63x115
    • Lot Size Source: Survey
    • Lot Size Square Feet: 7405

  • Listing Price Information

    • Original List Price: 2,700,000
    • Listing Contract Date: 2024-11-03

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 03133104

  • Garage and Parking

    • Garage Description: Assigned,Covered,Door-Multi,Garage,Off Site,Public,Private,Community Structure,On Street

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 83 - Fullerton
    • Postal Code Plus 4: 4036
    • Directions: Use Google Maps | Nearest Major Cross Streets Are Euclid And Valencia
    • Zoning: R3
    • Source Property Type: Residential Income
    • Area: 83 - Fullerton

    Building and Construction

    • Property Age: 68
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 4731
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 11/21/2024 @ 15:31

  • MLS: 24459833
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 8 bedrooms which is for sale, it has 4,731 sqft, 7,405 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Fullerton , in zip code 92833, this Orange County Home , it is in the Chapman Villas (CHPV) Subdivision, are nearby neighborhoods.