Property listed by Vanguard Property Group, Ed Diaz 714-401-2855
$1,775,000
We are proud to present the Valencia Apartments - a prime investment opportunity in Fullerton, CA! This multifamily garden style complex o?ers 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… Read More 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 Read Less
Listing Snapshot
Days Online
19
Last Updated
Property Type
Apartment
Lot Size
0.17 Acres
Year Built
1956
MLS Number
PW26108958
Additional Details
Building
Built in 1956, 1 building, 2 stories, Entry level: 1, Entry location: 1
Community
Sidewalks
Expenses
Operating: $44,599
Garage
6 spaces
Home Owner's Association
Association Fee: $0
Income
Gross Income: $121,656, Gross ScheduledIncome: $122,220, Net Operating Income: $77,057
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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