Listing date: 2024-12-19, Last update: 2024-12-29

$1,995,000 For Sale

1309 W Valencia Drive, Fullerton, CA 92833

  • -Beds
  • -Baths
  • 6,245
    sqft
  • 22,215
    sqft Lot
  • Beds
  • Baths
  • 6,245 sqft
  • 22,215 sqft lot
Property Highlight
Year built
1961
Listed for
14 days
Price / Home Size
$319 / sqft
Parking
-
HOA
$0 / mo
A/C
-
Home Type
Office
View
    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.

Listing Provided Agent
  • • Name: -
  • • DRE: -
  • • Email: -
  • • Phone: -
Listing Provided Office
  • • Name: -
  • • Email: -
  • • Phone: -
Source
  • • CRMLS #PW24215159crmls logo
Local Information
Home Details for 1309 W Valencia Drive
Interior
Features
Appliances
  • Laundry: None
Bathrooms
Bedrooms
Exterior
Features
  • Home Type: Commercial
  • New Construction: No
  • Levels: None
  • Stories: None
  • Entry Level: 1
Parking & Garage
Lot
  • Size: 22,215 sqft
  • Size source: Assessor
Materials
  • Block
Details
  • Parcel Number: 03115023
  • Special Condition: Standard
  • # of Total unit: 78
  • Common Interest: None
Utilities
Utilities
  • Water: Public
Community & HOA
Community
  • None
HOA
Property Financial History
DateEventPrice
12/27/2024Source: CRMLS #PW24215159
Off Market
-
12/19/2024Source: CRMLS #PW24215159
Back on Market
-
11/08/2024Source: CRMLS #PW24215159
Listed for Sale
$ 1,995,000
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