Active
1309 W Valencia Drive
Fullerton CA, 92833
$1,995,000
$319.46 per sqft
Active
6,245 sqft
Commercial
Built in 1961
Listed by Kay Meewan Lee with Circa Properties, Inc. 714-203-6814
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.
PW24215159
MLSⓇ ID
November 8, 2024
Listed
December 20, 2024
Updated
Map
1309 W Valencia Drive
Fullerton CA, 92833
Interior Features
Total Stories
1
Laundry Description
None
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.51 Acres
Lot Features
26-30 Units/Acre
Other Property Details
Area Name
83 - Fullerton
Days on Market
24
Garage
No
View
No
County
Orange
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
12/20/2024 | Active | — |
12/3/2024 | Pending | — |
Listing Contact: 714-203-6814
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/20/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/20/2024 at 3:18 AM UTC