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Sold for $2,300,000 on 05/22/25
  • Listing Provided by: 

    Ryan Anderson DRE #01939764 949-290-0199,

    R L M Equities

    Bought with: FIV Realty Co.
    $2,300,000

    1932 W Valencia Dr, Fullerton, CA 92833

    4beds
    3baths
    1,972sqft
    Multi Family
    Built in 1953
    -- sqft lot
    $-- Zestimate®
    $1,166/sqft
    $4,515 Estimated rent

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: May 25, 2025 at 10:47am

    Listing Provided by:

    Ryan Anderson DRE #01939764 949-290-0199,

    R L M Equities

    Bought with:

    Brian Froussine, DRE #02237114

    FIV Realty Co.

    Source: CRMLS,MLS#: NP25059057MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Appliances
    • Laundry: None
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,972
    • Total interior livable area: 1,972 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage, Carport
    • Garage spaces: 3
    • Carport spaces: 1
    • Covered spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Street
    • Pool features: None
    Lot
    • Size: 9,148 sqft
    • Features: Corner Lot
    Details
    • Additional parcels included: 03041105
    • Parcel number: 03041104
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1953

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs
    Location
    • Region: Fullerton

    Other

    Other facts
    • Listing terms: Cash to New Loan