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Listed by Ed Diaz, DRE #01022469 • Vanguard Property Group
$ 1,599,000
Est. payment /mo
Contingent
1300 W Valencia Fullerton, CA 92833
7,275 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CRPW26108958
Year Built 1956
Lot Size 7,275 Sqft
Source California Regional MLS
Property Description
Significant Price Improvement - 4.95 in place cap rate/ 5.37 market rent cap rate!!!! Real Investor Cash Flow 6 Units. We are proud to present the Valencia Apartments - a prime investment opportunity in Fullerton, CA! This multifamily garden style complex offers a 3,652 SF building with 6 well-maintained units (see complete list of capital improvements in expense section), each separately metered for gas and electric, and with RUBS in place, providing for low landlord operating expenses. There is also exceptional ADU possibilities with garage conversion, or new ADU over the garage, or ADU ground up - buyer to consult with the City for options. The subject property also includes a common laundry room for additional landlord income and 6 enclosed garage spaces. The Valencia Apartments are ideally situated near major transportation hubs, freeways and within close proximity to universities and colleges, providing exceptional access to freeways and employment centers. The subject property presents an excellent, stable investment opportunity for the savvy multifamily investor. **See attached marketing brochure in supplements**
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Laundry Laundry Area
Exterior
Garage Spaces 6.0
Pool None
Building
Water District - Public
Others
Tax ID 03133103
Special Listing Condition Accepting Backups
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