1932 W Valencia Drive, Fullerton, California 92833
  • $1,150,000

Overview

Property ID: NP25059057
  • Apartment, Residential Income
  • Property Type
  • 3.0
  • Garages
  • 1972 Sqft
  • Area Size
  • 1953
  • Year Built

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: 1932 W Valencia Drive
  • City: Fullerton
  • State/county: CA
  • Zip/Postal Code: 92833
  • Country: US

Details

Updated on May 25, 2025 at 5:47 pm
  • Property ID NP25059057
  • Price $1,150,000
  • Property Size 1972 Sqft
  • Land Area 0.21 Acres
  • Garages 3.0
  • Year Built 1953
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash to New Loan
  • Sewer Public Sewer
  • County Orange
  • Property Type Residential Income
  • Pool None
  • Community Features Curbs

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