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206 E Valencia Drive

Fullerton, CA 92832
  • $1,150,000
  • STATUS: Active Under Contract
  • ON SITE: 43 Days
  • ID#: PW22105269
Under Contract
$1,150,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1914
County:

School Ratings & Info

Listing Agent(s): James Oronoz of Reliance Real Estate Services (714-255-1554)


Description

This is a great opportunity to own 5 residential units in the heart of Downtown Fullerton. This property features a front single family residence home which includes 3 bedrooms and 1 bath. The rear of the property offers 4 detached Single 1 bath cottages with back-alley access. The property is in close proximity to schools (Maple Elementary, Fullerton HS and Fullerton College), the shops and restaurants of Downtown Fullerton, freeways and the Metro Station. The front single home has its own driveway, while there is potential room for tenant parking for the back units near each residence. This property is an opportunity for an investor or contractor to bring some added value to this fixer upper property making it a great opportunity to generate additional income.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-03T00:27:12.17. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
www.homefinderorangecounty.com/homes/128977034
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206 E Valencia Drive Fullerton, CA 92832

  • Price: $1,150,000
  • Status: Active Under Contract
  • On Site: 43 Days
  • ID#: PW22105269
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1914
Built
Neighborhood:
Other (Othr)
County:
Orange
Area:
83 - Fullerton
Property Description
This is a great opportunity to own 5 residential units in the heart of Downtown Fullerton. This property features a front single family residence home which includes 3 bedrooms and 1 bath. The rear of the property offers 4 detached Single 1 bath cottages with back-alley access. The property is in close proximity to schools (Maple Elementary, Fullerton HS and Fullerton College), the shops and restaurants of Downtown Fullerton, freeways and the Metro Station. The front single home has its own driveway, while there is potential room for tenant parking for the back units near each residence. This property is an opportunity for an investor or contractor to bring some added value to this fixer upper property making it a great opportunity to generate additional income.
Exterior Features

Architectural Style Traditional Construction Materials Wood Siding Direction Faces North Entry Location Street & Alley Foundation Details RaisedSlab Lot Features Front YardLevelRectangular Lot Number Of Separate Electric Meters 4 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type AlleyCity Street Road Surface Type Alley PavedPaved Roof CompositionRolled/Hot MopShingle View Neighborhood View YN Yes

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 2.1 Common Interest None Community Features Street LightsSuburban Contingency None Electric Electricity - On Property Electric Expense 0 Exclusions Tenants Personal Items Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 33600 Insurance Expense 0 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Net Operating Income 24258 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 9342 Other Expense 1800 Possession Close Of Escrow Property Condition Fixer Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 4801.74 Tenant Pays ElectricityGas Total Actual Rent 2800 Trash Expense 1350 Utilities Electricity AvailableElectricity ConnectedNatural Gas AvailableSewer AvailableSewer ConnectedWater AvailableWater Connected Vacancy Allowance 840 Vacancy Allowance Rate 3 Water Sewer Expense 1350 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-03T00:27:12.17. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
 
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Zen Ziejewski and Team | Keller Williams Realty
27101 Puerta Real #150
Mission Viejo CA, 92691
Listing Agent(s): James Oronoz of Reliance Real Estate Services (714-255-1554)