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Sold for $2,690,000 on 03/19/25
  • $2,690,000

    1310 W Valencia Dr, Fullerton, CA 92833

    8beds
    6baths
    4,731sqft
    Multi Family
    Built in 1956
    -- sqft lot
    $-- Zestimate®
    $569/sqft
    $6,814 Estimated rent

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    $6,814/mo

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    $16,701/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: March 18, 2025 at 11:50am

    Listed by:

    KC James Dorame DRE # 02019663 949-533-6802,

    Allure Capital Management Corp 949-889-2332

    Bought with:

    Monica Friedman, DRE # 02225387

    Allura Realty, Inc.

    Source: CLAW,MLS#: 24-459833MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 6
    Heating
    • Electric, Combination, Zoned
    Cooling
    • Air Conditioning, Dual, Zoned
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Disposal, Microwave, Ice Maker, Washer, Refrigerator, Range/Oven
    Interior area
    • Total structure area: 4,731
    • Total interior livable area: 4,731 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Assigned, Covered, Community Structure, Public, Private, Private Garage, Garage - 2 Car, Garage Is Detached, On Street, Off Site, Other
    • Has garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 7,405 sqft
    • Dimensions: 63 x 115
    Details
    • Additional structures: Other
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1956

    Community & neighborhood

    Location
    • Region: Fullerton