Fullerton, CA 92833,1932 W Valencia DR
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Fullerton, CA 92833,1932 W Valencia DR
Fullerton, CA 92833,1932 W Valencia DR
Fullerton, CA 92833,1932 W Valencia DR
Fullerton, CA 92833,1932 W Valencia DR
Listed by Ryan Anderson • R L M Equities
Bought with Brian Froussine

$2,300,000

Est. payment /mo

$1,150,000

100.0%
Est.Price: ?

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1932 W Valencia DR Fullerton, CA 92833

9,148 Sqft Lot

SOLD DATE : 05/22/2025

Key Details

Sold Price $2,300,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRNP25059057

Sold Date 05/22/25

Year Built 1953

Lot Size 9,148 Sqft

Property Sub-Type Triplex

Source California Regional MLS

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

Area 699 - Not Defined

Interior

Laundry None

Exterior

Garage Spaces 4.0

Pool None

Building

Story One Story

Water District - Public

Others

Tax ID 03041104

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
agent

Danyelle Brothers

Agent | License ID: 02024205

+1(408) 891-9205

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