1310 West Valencia Drive
1310 West Valencia Drive
$3,100,000
8
6
4,731
4,731
$655
Description
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...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.
- Listed by KC James Dorame • DRE #02019663 • Brokerage DRE #01374324 • Allure Capital Management Corp
- Listed by Francisco Ortiz Arriaga • DRE #02210442 • Brokerage DRE #01374324 • Allure Capital Management Corp
Property Details for 1310 West Valencia Drive
Zoning
R3
StyleModern
Accessibility FeaturesNone
Parcel Number03133104
Total Units6.0
Living Area4731
Source Living AreaSurvey
AreaFullerton (83)
Location
LISTING UPDATED: 04/10/2024 05:53 AM
Property Details for 1310 West Valencia Drive
Status | Active |
---|---|
MLS # | 24-343681 |
Days on Market | 118 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1956 |
Lot Size | 0.17 AC / 7,405 SF |
County | Orange County |
Location
Building Information for 1310 West Valencia Drive
Stories2Residences-Year Built1956Building Size-Lot Size0.17 AC / 7,405 SF
Payment Calculator
$18,570 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1310 West Valencia Drive
Property History for 1310 West Valencia Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1310 West Valencia Drive
Taxable ValueLand$1,400,000Additions$320,000Total$1,720,000
Tax Record2023$19,821 ($1,652 / month)
Home Facts
Total Finished SqFt3,721 SqFtAbove Grade Finished SqFt3,721 SqFtStories2Lot Size7,268 SqFtStyleMulti-Family Res (5+ Units)Year Built1956CountyORANGEAPN031-331-04
Schools near 1310 West Valencia Drive
This home is within Fullerton Joint Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Pacific Drive Elementary School PublicK to 6 | ||
Nicolas Junior High School Public7 to 8 | ||
Fullerton Union High School Public9 to 12 | ||
La Sierra High (Alternative) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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