117 W Valencia Drive,  Fullerton CA, 92832 (Residential Income)

9,559 sqft
Status: Pending
MLS#: OC16724067
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Last Updated: 12/6/2016 3:18 PM
Description for 117 W Valencia Drive Fullerton, CA 92832
This eight-unit multifamily property is located in Fullerton, California. Situated on a 15,028 square foot lot, the property consists of a 4 Bed/3.5 Bath House, a 1 Bed/1.5 Bath Townhouse, and 6 2 Bed/2.5 Bath Townhouses. Built in 2016, these units offer private garage parking with direct access, ample storage, new whirlpool appliances, kitchen pantries, stainless faucets, motion sensor lights in bathrooms and top quality windows. The property is separately metered for WATER, Gas, and Electric. There are white papers and individual parcel numbers for all eight units. The seller has not created an HOA yet, and generous parking space includes a total of 15 garages, plus 5 open parking spots. The property is well-situated next to Downtown Fullerton, the Fullerton Transportation HUB (Train & Bus Lines), and several freeways including State Route 91, California 57 and Highways 39 and 90. Fullerton Town Center, Orangefair Marketplace and Fullerton Metrocenter are less than one mile from the property. The hub of shopping centers total over one million square feet of retail property within a one-mile radius. Nearby schools include Fullerton Union High School, Fullerton College and California State University, Fullerton. Additionally, the property is walking distance to downtown Fullerton. Downtown serves as a vibrant cultural center with facilities, such as the Museum Center, the Downtown Plaza, and Plummer Auditorium.
Price
$3,600,000
Orange
9,559 (approx)
OC16724067
Pending
Description
This eight-unit multifamily property is located in Fullerton, California. Situated on a 15,028 square foot lot, the property consists of a 4 Bed/3.5 Bath House, a 1 Bed/1.5 Bath Townhouse, and 6 2 Bed/2.5 Bath Townhouses. Built in 2016, these units offer private garage parking with direct access, ample storage, new whirlpool appliances, kitchen pantries, stainless faucets, motion sensor lights in bathrooms and top quality windows. The property is separately metered for WATER, Gas, and Electric. There are white papers and individual parcel numbers for all eight units. The seller has not created an HOA yet, and generous parking space includes a total of 15 garages, plus 5 open parking spots. The property is well-situated next to Downtown Fullerton, the Fullerton Transportation HUB (Train & Bus Lines), and several freeways including State Route 91, California 57 and Highways 39 and 90. Fullerton Town Center, Orangefair Marketplace and Fullerton Metrocenter are less than one mile from the property. The hub of shopping centers total over one million square feet of retail property within a one-mile radius. Nearby schools include Fullerton Union High School, Fullerton College and California State University, Fullerton. Additionally, the property is walking distance to downtown Fullerton. Downtown serves as a vibrant cultural center with facilities, such as the Museum Center, the Downtown Plaza, and Plummer Auditorium.
Listing Information
Property Type: Cluster, 3+ Story
0.34 Acres 1,502,800 sq.ft. 9,559 (approx)
$376.61 2016
Yes- 15 spaces
8 Total
Neighborhood
Room Information
Interior Features
Dishwasher, Gas Range/Cooktop, Microwave
Kitchen Island
Exterior / Lot Features
15 Garage Spaces, 20 Parking Spaces, Uncovered, Garage, Direct Garage Access
None
No Pool
Gutters, Sidewalks, Street Lights, Curbs Walk, Storm drains
Driving Directions
From CA-91: Take Exit N Harbor Blvd, Then Turn Left on W Valencia Dr
Financial Considerations
03227111
$246,000 Income ,$67,497Expense
Listing Price History

Fullerton Real Estate

Fullerton is located in California. Fullerton, California 92832 has a population of 135,419.

The median household income in Fullerton, California 92832 is $67,617. The median household income for the surrounding county is $75,566 compared to the national median of $53,046. The median age of people living in Fullerton 92832 is 34.5 years.

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Courtesy: Marcus & Millichap RE Invest Mark Bridge
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