1300 W Valencia Dr - Apartments FOR SALE


Fullerton, CA 92833
$1,775,000 USD
949-922-2932
1300 W Valencia Dr, Fullerton, CA for Sale
$1,775,000 USD
Apartments - FOR SALE
1/11
null | 4.34% Cap Rate

1300 W Valencia Dr
Fullerton, CA 92833


HIGHLIGHTS

  • Prime Fullerton Location
  • Each Unit Separately metered for gas & electric & RUBS in place for low landlord expenses
  • 6 Enclosed Garage Spaces, Common Laundry Room
  • Excellent investment opportunity with upside

OVERVIEW

We are proud to present the Valencia Apartments - a prime investment opportunity in Fullerton, CA! This multifamily garden style complex o?ers a 3,652 SF building with 6 well-maintained units (see complete list of capital improvements in expense section), each separately metered for gas and electric, and with RUBS in place, providing for low landlord operating expenses. There is also exceptional ADU possibilities with garage conversion, or new ADU over the garage, or ADU ground up - buyer to consult with the City for options. The subject property also includes a common laundry room for additional landlord income and 6 enclosed garage spaces. The Valencia Apartments are ideally situated near major transportation hubs, freeways and within close proximity to universities and colleges, providing exceptional access to freeways and employment centers. The subject property presents an excellent, stable investment opportunity for the savvy multifamily investor.

FOR SALE DETAILS

PRICE

$1,775,000 USD

PRICE/SF

$486 USD /SF

# OF UNITS

6

PRICE/UNIT

$295,833

CAP RATE

4.34%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,275 SF

ZONING

R3

APN/PARCEL ID

031-331-03

ASK ABOUT THIS PROPERTY

Jay NoyolaVanguard Property GroupMore Info
949-922-2932

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Jay NoyolaVanguard Property GroupMore Info
949-922-2932

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.