1938 W Valencia Drive, Fullerton, CA 92833

$1,150,000 Approx. USD 0 beds, 0 baths

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Marketed By The Keaty Team

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Agent Remarks

Contact for property brochure. This property is for sale with its neighboring property 1932 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.

Listing Details

Property type: Apartment (Multi-Family)

Status: Pending

MLS# NP25060020

Price: $1,150,000

Beds: 0

Baths: 0

None fireplaces

Built in 1953

1 story

0.21 acres

Lot size: 0.2100