1310 W Valencia Dr

Fullerton, CA 92833

Sold

$2,690,000

Bedrooms

8

Square Ft.

4731

1310 W Valencia Dr

Allure Capital Management, as the exclusive advisor, is pleased to present the opportunity to purchase 1310 W Valencia Drive, a 6-unit, apartment building located in Fullerton California, within the highly coveted Multi-Family SubMarket Of Orange County, CA. The Property is centrally located in the City of Fullerton, an highly sought after city that is home to renowned educational institutes such as California State University Of Fullerton (CSUF), and Fullerton College. The Property is also strategically located amongst Southern California's well-connected highway network, including the 91, 57, and 5 freeways, offering access to major employment centers such as Downtown Los Angeles, Anaheim, and Irvine. Fullerton's central location allows residents to enjoy the suburban lifestyle while being within reasonable reach of bustling urban centers.In 2023, the property underwent a transformative $650,000 renovation, strategically enhancing its infrastructure with brand new plumbing, electrical, and irrigation systems. Beyond these essential improvements, the exterior of the property received a stylish makeover, including all new windows, doors, stucco, perimeter wall with key fob access, and landscaping further elevating its aesthetic appeal. In 2023/2024, 4 of the 6 units were completely gutted and remodeled, and the remaining two units were remodeled in 2014. This comprehensive revitalization underscores a… Read MoreRead Less

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Investment Highlights

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Bedrooms

8

Square Ft.

4731

Cap rate

5.81%

Number of Units

9

GRM

12.66

Occupancy

100%