1310 Valencia Dr Fullerton, CA 92833-4036
Property profile & analytics
1310 Valencia Dr Fullerton, CA 92833-4036
- Apartment buildings
- 3,721 SF
- 0.17 lot acres
Property ID
US09-1416916
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 1310 Valencia Dr
- Year built
- 1956
- Lot size
- 0.17 lot acres
- Property size
- 3,721 SF
- Property type
- Apartment buildings
- APN
- 031-331-04
- APU
- 3133104
Description
This exceptional 6-unit apartment building in Fullerton, California presents a compelling investment opportunity. Located in Orange County, this property boasts a prime location near California State University Fullerton and Fullerton College, ensuring high tenant demand. The 4,731 square foot building, constructed in 1956 and extensively renovated in 2023, features six units, each with a two-car garage (rented separately), and a recently remodeled on-site laundry room. The 2023 renovation, totaling $650,000, encompassed new plumbing, electrical, and irrigation systems, as well as a complete exterior makeover including new windows, doors, stucco, and landscaping. Four units underwent complete interior renovations in 2023/2024, while the remaining two were updated in 2014. The property sits on a 7,405 square foot lot and offers nine parking spaces. Currently operating at 100% occupancy, the building generates a Net Operating Income (NOI) of $156,805, representing a 5.81% cap rate. Pro forma NOI is projected at $164,445, yielding a 6.09% cap rate. This turnkey asset offers stable cash flow and significant upside potential, with the possibility of further rent increases and additional remodeling opportunities. The property's strategic location near major freeways (91, 57, and 5) provides easy access to employment centers in Los Angeles, Anaheim, and Irvine. The building's aesthetic appeal, enhanced by the recent renovations, makes it a highly desirable property in the area. The property's APN is 031-331-04. The asking price is $2,700,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,365,000
- ML approach
- $2,450,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,367,000
Market price range: $678k - $2.37M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,745,000
- AUTO REPAIR, GARAGE
- $1,660,000
- OFFICE BUILDING
- $1,595,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fullerton
- County
- Orange
- State
- California
- Longitude
- -117.948
- Latitude
- 33.8663
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$20,315
$1,428,000
$326,400
$1,754,400
-
$0.00
$0.00
$0.00
