Fullerton, CA 92833,1310 W Valencia DR
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Fullerton, CA 92833,1310 W Valencia DR
Fullerton, CA 92833,1310 W Valencia DR
Fullerton, CA 92833,1310 W Valencia DR
Fullerton, CA 92833,1310 W Valencia DR

$1,720,000

Est. payment /mo

$1,780,000

3.4%
Est.Price: ?

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1310 W Valencia DR Fullerton, CA 92833

7,405 Sqft Lot

SOLD DATE : 10/06/2021

Key Details

Sold Price $1,720,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Fullerton Crest (Fucr)

MLS Listing ID TR21073995

Sold Date 10/06/21

HOA Y/N No

Year Built 1956

Lot Size 7,405 Sqft

Property Description

Well Maintained in City of Fullerton 6 Units Multifamily Investment Apartment. Nice Neighborhood which Provides 3 of 2-Car Garages in the Back for Additional Rental Income. The Property Consist of 6 Units - 4 Units are One Bedroom with One Bath $ 1450 / $ 1495 Per Month, 2 Units are Two Bedrooms with One Bath ( $ 1675 / $ 1550 Per Month). The building has Remodeling which Includes Newer Paint, Newer Windows, Newer Cabinets in Most of the Units, Newer Laminated Flooring. Annual Scheduled Gross Income to be Approx. $108,840. Annual Scheduled Expense to be Approx. $ 33,677 which Covers Property Tax / Management Service/ Landscaping Fee/ Common Area Electricity, Gas, Trash Water. Each Unit has its Own Electricity and Gas Meter. Landlord Pays Water and Trash. Net Operating Income from the Annual Schedule Gross Income is $75,163. Annual Pro Forma Rental Income is $116,458. Cap Rate 4.22%. Walking Distance to Pacific DR Elementary School. Just Half a Mile to Downtown Fullerton, Fullerton College, and Amtrack Station. Easy to Access Freeway 91 and 57.

Location

State CA

County Orange

Area 83 - Fullerton

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Garage, On Street

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Sidewalks

Total Parking Spaces 6

Private Pool No

Building

Lot Description Flag Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 03133104

Energy Description 900.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Sheng Wang • Century 21 Care
Bought with KC James Dorame • Douglas Elliman

Chris Robertson

Broker Associate | License ID: 01727638

+1(949) 777-5607

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