1310 West Valencia Drive

Fullerton, CA 92833

$2,600,000
Price
8
Beds
6
Baths
4,731 Sq. Ft.
$550 / Sq. Ft.
4,731
Sq. Ft.
$550
per Sq. Ft.
a front view of a house with a yard
a front view of a house with garden
a front view of a house with garden
a front view of a house
a front view of a house
a view of shower
a kitchen with a refrigerator and a sink
a bathroom with a granite countertop sink and a window
a close view of sink and a vanity
a view of an empty room with wooden floor and a window
a view of a big room with wooden floor and a kitchen
wooden floor in an empty room with a window
wooden floor in an empty room
a view of entryway with wooden floor
a view of an empty room
an empty room with wooden floor and windows
a bathroom with a sink toilet and shower
a bathroom with a toilet and a shower
a bathroom with a sink a toilet and shower
an empty room with wooden floor and windows
a view of a small space with wooden floor and a window
wooden floor in an empty room
a view of a hallway with wooden floor
a kitchen with kitchen island a sink appliances and cabinets
a kitchen with stainless steel appliances granite countertop a sink and a refrigerator
a bedroom with a bed and a window
a kitchen with stainless steel appliances granite countertop a sink stove and microwave
a kitchen with a sink a counter top space stainless steel appliances and a window
a view of a room with wooden floor and a kitchen
a view of an empty room with wooden floor and a window
a view of a kitchen with wooden floor and a window
a kitchen with a sink stove and cabinets
a kitchen with a sink and refrigerator
a kitchen with a stove and a microwave
a kitchen with a sink and cabinets
a close view of sink and tap
a stove top oven sitting inside of a kitchen
an empty room with cabinet and windows
a view of a hallway with closet and wooden floor
a bathroom with a sink and a mirror
an empty room with wooden floor and windows
a view of an empty room with wooden floor and a window
a view of an empty room
a view of an empty room
a view of an empty room with wooden floor and a window
a view of a room with an empty space
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a view of a storage & utility room with a washer and dryer

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...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.
  1. Listed by KC James Dorame • DRE #02019663 • Brokerage DRE #01844416 • Allure Capital Management Corp

Property Details for 1310 West Valencia Drive

Zoning
R3
Parcel Number
03133104
Total Units
6.0
Living Area
4731
Source Living Area
Other
Area
Fullerton (83)
Vacancy Rate
0%
Lot Size Area
7405
LISTING UPDATED: 12/12/2024 12:07 AM

Property Details for 1310 West Valencia Drive

StatusActive
MLS #24-459833
Days on Market45
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1956
Lot Size0.17 AC / 7,405 SF
CountyOrange County

Building Information for 1310 West Valencia Drive

Stories2Residences-Year Built1956Building Size-Lot Size0.17 AC / 7,405 SF

Property Information for 1310 West Valencia Drive

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $175,816
  • Net Operating Income: $156,805.00
  • Gross Income: $175,816
  • Cap Rate: 5.81%
  • Gross Rent Multiplier: $13.33
  • Financial Info as Of: 11/04/2024
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 45711
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.17
  • Lot Size Square Feet: 7405
  • Lot Size Dimensions: 63x115
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Assigned, Covered Parking, Community Garage, Public, Private, Private Garage, Garage - 2 Car, Garage Is Detached, On street, Offsite, Other
  • Total Parking: 6
  • Parking Features: Assigned, Covered, Community Structure, Public, Private, Garage - Two Door, Street, Off Site
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Dual
  • Cooling Type: Air Conditioning, Dual, Multi/Zone
  • Heating: Electric, Combination, Zoned
  • Heating Type: Electric, Combination, Zoned
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Ice Maker, Washer, Refrigerator, Range/Oven
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 11-03-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $320,000.00
  • Assessed Improvement Percent: 18.6
  • Assessed Land Value: $1,400,000.00
  • Assessed Land Percent: 81.4
  • Assessed Total Value: $1,720,000.00

Property History for 1310 West Valencia Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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$1,428,000Additions$326,400Total$1,754,400
Tax Record2024$20,315 ($1,693 / 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
Pacific Drive Elementary School
Public - K to 6
Nicolas Junior High School
Public - 7 to 8
Fullerton Union High School
Public - 9 to 12
La Sierra High (Alternative) School
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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More information about 1310 West Valencia Drive, Fullerton, CA 92833

1310 West Valencia Drive is a multi-family home for sale in Fullerton, CA 92833. This property was listed for sale on November 3, 2024 by Allure Capital Management Corp, it's currently listed at $2,600,000. It has been on the market for a total of 45 days and was last sold on October 6, 2021. This listing's school districts are Fullerton Joint Union High School District, Fullerton Elementary School District. Nearby schools include Pacific Drive Elementary School, Nicolas Junior High School and Fullerton Union High School. 1310 West Valencia Drive is a 8-bed, 6-bath, 4,731 sqft multi-family home built in 1956.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Allure Capital Management Corp, KC James Dorame, DRE #02019663

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.