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.
Property Details
Price:
$1,150,000
MLS #:
NP25059057
Status:
Active
Baths:
0
Address:
1932 W Valencia Drive
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
699notdefined
City:
Fullerton
Listed Date:
Mar 19, 2025
State:
CA
ZIP:
92833
Lot Size:
9,148 sqft / 0.21 acres (approx)
Year Built:
1953
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Schools
Interior
Fireplace Features
None
Exterior
Community Features
Curbs
Garage Spaces
3.00
Lot Features
Corner Lot
Parking Spots
4.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Map
Community
- Address1932 W Valencia Drive Fullerton CA
- Area699 – Not Defined
- CityFullerton
- CountyOrange
- Zip Code92833
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1932 W Valencia Drive
Fullerton, CA
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