1309 Valencia DrFullerton, CA 92833

Property Details for 1309 Valencia Dr

Year built

1961

Lot size

0.44 AC

Property size (Sq ft)

6,245 SF

Property type

Other commercial real estate

APN

031-150-23

APU

3115023

Description

This exceptional 6,245 square foot C-class office building presents a compelling investment opportunity in Fullerton, California. Situated on a half-acre lot (0.51 acres) at 1309 W Valencia Drive, this 1961-built property boasts 11 fully leased office suites, generating a substantial monthly rental income of nearly $12,000. While some deferred maintenance is evident and upgrades are recommended, the consistent occupancy and strong cash flow make this a highly attractive asset for investors seeking immediate returns. The property's location within a designated redevelopment zone offers significant upside potential. The zoning allows for the possibility of higher-density residential or mixed-use redevelopment, aligning perfectly with Fullerton's evolving growth and increasing demand for housing. This unique combination of stable current income and substantial future redevelopment possibilities makes this property an ideal investment for those seeking both immediate cash flow and long-term value appreciation. The property is priced at $1,995,000. Serious inquiries only.

• Alternative Use

  Use

  Valuation

  Residential

  $1,550,238

  Hospitality

  $1,420,010

  Educational

  $1,181,432

  Medical

  $1,222,063

  Retail

  $1,837,782

Location Insight

City

Fullerton

County

Orange

State

California

Latitude

33.8668

Longitude

-117.949

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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