Fullerton, CA 92833,1309 W Valencia DR
Fullerton, CA 92833,1309 W Valencia DR
Fullerton, CA 92833,1309 W Valencia DR
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$1,995,000
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0.51 Acres Lot
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1309 W Valencia DR Fullerton, CA 92833

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Expert Real Estate Services

Expert Real Estate Services

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UPDATED:

11/12/2024 10:16 PM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24215159

HOA Y/N No

Year Built 1961

Lot Size 0.510 Acres

Property Description

C-Class Office Building with Redevelopment Potential at 1309 W Valencia, Fullerton

This 6,245 sq ft C-class office building offers a unique investment opportunity in Fullerton’s designated redevelopment zone. Built in 1961 and situated on a half-acre lot, the property includes 11 fully leased office suites generating nearly $12,000 per month in rental income.

While the building has deferred maintenance and would benefit from upgrades, its consistent occupancy and income make it an attractive asset. Additionally, its location in a special redevelopment area opens the door for higher-density residential or mixed-use redevelopment, presenting an opportunity for investors to maximize returns by transforming the property to meet Fullerton’s growth and housing demand.

With stable income, great location, and strong redevelopment potential, this property is ideal for investors seeking both immediate cash flow and future value appreciation.

Location

State CA

County Orange

Area 83 - Fullerton

Interior

Fireplace No

Laundry None

Building

Lot Description 26-30 Units/Acre

Story 1

Water Public

Others

Tax ID 03115023

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Kay Meewan Lee • Circa Properties, Inc.

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1309 W Valencia DR