$2,970,000
- Beds
- 8
- sq ft
- 4,731
1310 W Valencia Dr, Fullerton, CA 92833
1310 W Valencia Dr
Fullerton, CA 92833
- 180 days on market
- Price drop $130,000↓
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 $600,000.00 + in upgrades were made to the property. Additional property features include brand new stainless steel LG appliances, Air Conditioning and Heating throughout 4 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. Four 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 and a 5.0% Cap Rate currently in place, with a 5.3%+ Cap Rate attainable once the remaining two 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.
Details
Property type
Property condition
Updated/Remodeled
Lot size
7,405 sq ft
Price per sq ft
$628
Year built
1956
HOA
No
Price History
05/11/2024
![CLAW](/_next/static/media/clawLogo.95a18e7e.png)
CLAW #24343681
Price change
$2,970,000
-4.19%
04/28/2024
![CLAW](/_next/static/media/clawLogo.95a18e7e.png)
CLAW #24343681
Removed
$3,100,000
01/30/2024
![CLAW](/_next/static/media/clawLogo.95a18e7e.png)
CLAW #24343681
Price change
$3,100,000
-6.06%
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Gated
Community features:
Gated
Status: Active
Tomo last checked: 07/02/2024 at 4:25 PM
Listing updated: 05/21/2024 at 3:18 PM
Listed by: KC James Dorame, Allure Capital Management Corp Phone #: (949) 889-2332
MLS: CLAW #24343681
![CLAW logo](/_next/static/media/clawLogo.95a18e7e.png)
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