1932 W Valencia Drive, Fullerton, California 92833
- $1,150,000
- $1,150,000
Overview
- Apartment, Residential Income
- 3.0
- 1972 Sqft
- 1953
Description
Contact for property brochure. This property is for sale with its neighboring property 1938 W. Valencia. The property consists of two triplexes on separate parcels, 1932 & 1938 W. Valencia for a total of 6 units. Spacious Lot with Expansion Potential – The 18, 100 sq. ft. lot offers the possibility for an Accessory Dwelling Unit (ADU) addition, increasing future rental income and overall property value. Implementation of a Ratio Utility Billing System (RUBS) allows for utility cost recovery, improving net operating income without increasing base rents. Tenant-Preferred Features – Each single story triplex features an individual walkup entrance, creating a sense of privacy and home-like living, a strong leasing advantage over traditional apartment layouts. The property includes garage parking, a premium amenity that enhances tenant retention and adds value to the investment along with individual patios.
Address
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Address: 1932 W Valencia Drive
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City: Fullerton
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State/county: CA
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Zip/Postal Code: 92833
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Country: US
Details
Updated on May 25, 2025 at 5:47 pm-
Property ID NP25059057
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Price $1,150,000
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Property Size 1972 Sqft
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Land Area 0.21 Acres
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Garages 3.0
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Year Built 1953
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash to New Loan
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Sewer Public Sewer
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County Orange
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Property Type Residential Income
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Pool None
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Community Features Curbs
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