1100 W Valencia Dr, Fullerton, CA 92833
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1100 W Valencia Dr Fullerton, CA 92833

$3,600,000
  • 12 Beds
  • 12 Baths
  • 7,308 Sq.Ft.
For Sale
$3,600,000 Get Pre-Qualified

Map preview of 1100 W Valencia Dr, Fullerton, CA 92833

Property Overview: 1100 W Valencia Dr Fullerton, CA has 12 bedrooms, 12 bathrooms, 7,308 living square feet and 14,810 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Casa De Flores is a 12-unit multifamily investment property located in Fullerton, California. Situated on two adjacent lots, Casa De Flores offers exclusively one-bedroom floor plans featuring highly desirable upgrades including vinyl flooring, granite countertops, stainless steel sinks, stoves, and more. The property features gated pedestrian access leading to a spacious courtyard, an on-site laundry facility, and ample garage parking. Additionally, current ownership has invested significant capital into exterior upgrades including garage doors and remote controls, railings and stairs, sprinkler systems, lighting, and paint. Casa De Flores has an attractive Fullerton location, just over 1 mile from Downtown Fullerton, providing residents with convenient access to a plethora of shopping, dining, and entertainment options. Additionally, residents enjoy the property’s close proximity to numerous major retail centers including Fullerton Metrocenter, Orangefair Marketplace, and Fullerton Town Center, providing easy access to an abundance of everyday needs. Furthermore, Casa De Flores is within a 2-mile radius of Raytheon Systems Company, and Providence, St. Jude Medical Center, two of the city’s premier employers with 1,200 and 1,000 employees respectively, per the city’s 2023 Annual Comprehensive Financial Report. Given the strength of the overall apartment market within the city of Fullerton, the property offers an investor the ability to capture quality tenants seeking an optimal location with access to a wide variety of activities, retail amenities, employment opportunities, and transportation. This overall demand for well-located apartments will be a key driver in the continued growth at Casa De Flores.

Listed by Tyler Leeson | BRE #01451551 | Marcus & Millichap RE Invest
Last checked: 11 minutes ago | Last updated: September 17th, 2024 | Source CRMLS | DOM: 55

Home details

Lot Sq. Ft
14,810
HOA Dues
$0/mo
Year built
1954
Garage
12 Car
Property Type:
Apartment
Status
Active
MLS#
OC24153270
City
Fullerton
County
Orange
Time on Site
55 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 2
  • # of Electric Meters: 12
  • # of Gas Meters: 12
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 12
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 12
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $19,190
  • Total Rent: $19,190
  • Pro Forma/Market Rent: $25,140
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4%
  • Gross Rent Multiplier: 15.39
  • Gross Scheduled Income: $230,280
  • Net Operating Income: $144,166
  • Gross Operating Income: $223,372
  • Vacancy Allowance: $6,908
  • Other Income 1: $3,600
  • Other Income Description: Misc
Annual Expense Breakdown
  • Total Operating Expense: $82,806
  • Electric: $2,846
  • Gas/Fuel: $2,846
  • New Taxes: $38,247
  • Trash: $2,846
  • Insurance: $7,200
  • Maintenance: $7,200
  • Professional Management: $9,079
  • Water/Sewer: $2,847
  • Other Expenses: $9,695
  • Other Expense Description: Misc

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Property Details for 1100 W Valencia Dr

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 12
  • # of Parking Spaces: 12
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 12
  • Parcel Number: 03136314
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: Cross Streets of West Valencia Drive & Euclid Street
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
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Sale History for 1100 W Valencia Dr

Last sold on August 1st, 2006
  • July, 2024

  • Jul 25, 2024

    Date

    Active

    CRMLS: OC24153270

    $3,600,000

    Price

  • August, 2006

  • Aug 1, 2006

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1100 W Valencia Dr

Assessed Value (2020): $344,026
Year Land Value Improved Value Assessed Value
2020 $207,017 $137,009 $344,026

Home Value Compared to the Market

This property vs the competition

1100 W Valencia Dr is listed 278.95% higher than the median list price for the city of Fullerton which has a median list price of $950,000. The median price per/sqft for Fullerton is $604 and this home is listed at $492.61 per/sqft which puts the price per square foot 18.44% lower than the median price per square foot for the city of Fullerton.

About 1100 W Valencia Dr

Detailed summary of property

1100 W Valencia Dr is a apartment located in Fullerton, CA 92833 and is currently for sale. This apartment offers 12 bedrooms, 12 bathrooms, roughly 7,308 living square feet, and sits on an approximately 14,810 square foot lot. 1100 W Valencia Dr was first listed on ArdentRealEstateGroup.com on July 25, 2024. The homeowner is currently asking $3,600,000. The median priced home in Fullerton is $950,000 with a median price per square foot of $604. Based on Ardent Real Estate Group's Fullerton Market Data, this home is listed 278.95% higher than the median priced home. Local competing homes currently for sale include 11662 Stuart Dr, 7852-7858 16Th St and 1071 Walnut St. While the average home in Fullerton, CA is selling in 53 days, 1100 W Valencia Dr has a days on market of 55 days. There are currently 204 homes for sale in the Fullerton real estate market and 156 of them are single family homes while 36 of them are condos and 12 are townhomes. For more information on this home for sale at 1100 W Valencia Dr Fullerton, CA 92833 contact Ardent Real Estate Group and we will put you in touch with one of our Fullerton agents.

Public Facts for 1100 W Valencia Dr

Public county record property details
Beds
--
Baths
--
Year built
1954
Sq. Ft.
3,654
Lot Size
7,840
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
15
APN
031-363-14

The source for these homes facts are from public records.

92833 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$899,900
Median List Price/Sq.Ft.
$611
Median Sold Price
$930,000
Median Sold Price/Sq.Ft.
$633
Total Inventory
72
Median Sale to List Price %
99.04%
Avg Days on Market
18
Loan Type
Conventional (48.15%), FHA (3.7%), VA (3.7%), Cash (29.63%), Other (7.41%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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, 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.