Fullerton, CA 92833,1932 W Valencia Drive
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Fullerton, CA 92833,1932 W Valencia Drive
Fullerton, CA 92833,1932 W Valencia Drive
Fullerton, CA 92833,1932 W Valencia Drive
Fullerton, CA 92833,1932 W Valencia Drive

$2,300,000

Est. payment /mo

$1,150,000

100.0%
Est.Price: ?

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1932 W Valencia Drive Fullerton, CA 92833

3 Beds

2 Baths

SOLD DATE : 05/22/2025

Key Details

Sold Price $2,300,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID NP25059057

Sold Date 05/22/25

Bedrooms 3

Property Sub-Type Res Income 2-4 Units

Property 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.

Location

State CA

County Orange

Zoning Public Rec

Direction Major cross streets are Brookhurst & N. Gilbert

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 03041104

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MLS Router / San Diego MLS
Listed by Ryan Anderson R L M Equities
Bought with Brian Froussine FIV Realty Co.
agent

Alonzo Steele

Agent

+1(858) 336-9769

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