1132 W Valencia Drive Active

Fullerton,CA 92833

$ 3668000

- Bed

0 Bath

7338 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,338 sqft

Price per Sqft $499

MLS Listing ID CL25506020

HOA Y/N No

Year Built 1954

Lot Size 0.373 Acres

Acres 0.37

Property Sub-Type Other

Property Description

Villa Valencia is a twelve unit multifamily investment opportunity located in one of the most desirable rental markets in Orange County. Fullerton is well located with Brea, La Habra, Buena Park, Placentia, and Anaheim as its boarder cities. This property is within close proximity to Downtown Fullerton providing tenants with nearby access to shops and restaurants. Built in 1954, the Villa Valencia Apartments are two six unit buildings situated on two contiguous parcels (APN: 031-363-09 & 031-363-10) with a large gated courtyard between the buildings. The unit mix is twelve 1 bedroom/1 bathroom units. Electricity and gas are individually metered with individual water heaters in each unit. Property is master metered for water. Ample parking with twelve garage spaces and two uncovered parking spaces. Tenants also have access to a shared laundry room with two washer and two dryer units. Most of the units have had recent renovations including new kitchens, bathrooms, and flooring. A new roof was installed over the garages roughly five years ago. Property includes a large concrete covered area near the garages for possible ADU development.

Location

State CA

County Orange

Interior

Fireplace No

Laundry Community Facility

Building

New Construction No

Others

Tax ID 03136310

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