1310 West Valencia Drive
$2,700,000
8
6
4,731
4,731
$571
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.
- Listed by KC James Dorame • DRE #02019663 • Brokerage DRE #01844416 • Allure Capital Management Corp
Property Details for 1310 West Valencia Drive
Zoning
R3
Parcel Number03133104
Total Units6.0
Living Area4731
Source Living AreaOther
AreaFullerton (83)
Vacancy Rate0%
Lot Size Area7405
LISTING UPDATED: 11/11/2024 12:01 AM
Property Details for 1310 West Valencia Drive
Status | Active |
---|---|
MLS # | 24-459833 |
Days on Market | 12 |
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 |
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
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$1,428,000Additions$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 |
---|---|---|---|---|
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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