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206 E Valencia Dr, Fullerton, CA 92832
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206 E Valencia Dr Fullerton, CA 92832

$915,000 Sold Price as of 08/18/2022
  • 3 Beds
  • 5 Baths
  • 2,040 Sq.Ft.
Sold
$915,000 Sold Price as of 08/18/2022 Refinance Your Mortgage
Map preview of 206 E Valencia Dr, Fullerton, CA 92832

Property Overview: 206 E Valencia Dr Fullerton, CA has 3 bedrooms, 5 bathrooms, 2,040 living square feet and 7,200 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is a great opportunity to own multiple residential units on one lot in the heart of Downtown Fullerton. This property features a front single family residence home which includes 3 bedrooms and 2 bath. The rear of the property offers multiple detached dwelling units with a detached garage that has that is being used as a bonus room/office 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.

Listed by James Oronoz | BRE #02056694 | Reliance Real Estate Services
Last checked: 13 minutes ago | Last updated: September 6th, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
7,200
HOA Dues
$0/mo
Year built
1914
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
PW22105269
City
Fullerton
County
Orange
Time on Site
716 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 5
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $650
  • Total Rent: $650
  • Pro Forma/Market Rent: $900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $750
  • Total Rent: $750
  • Pro Forma/Market Rent: $1,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $750
  • Total Rent: $750
  • Pro Forma/Market Rent: $1,000
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $650
  • Total Rent: $650
  • Pro Forma/Market Rent: $900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 2.1%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $33,600
  • Net Operating Income: $24,258
  • Gross Operating Income: --
  • Vacancy Allowance: $840
  • # of Rented Garages: 0
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $9,342
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $40
  • Trash: $1,350
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $1,350
  • Other Expenses: $1,800
  • Other Expense Description: Gas

Property Details for 206 E Valencia Dr

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition, Rolled/Hot Mop, Shingle
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Front Yard, Lot 6500-9999, Rectangular Lot, Level
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 03305402
  • Year Built Source: Public Records
  • Architectural Style: Traditional
  • Foundation Details: Raised, Slab
  • Property is not Attached
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Walgrove
  • Directions: Harbor (N), (E) On Valencia Dr. , Right handside
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Street Lights, Suburban
View more facts & features

Local Fullerton Agent

Sale History for 206 E Valencia Dr

Last sold for $915,000 on August 18th, 2022

  • August, 2022

  • Aug 18, 2022

    Date

    Sold

    CRMLS: PW22105269

    $915,000

    Price

  • May 20, 2022

    Date

    Active

    CRMLS: PW22105269

    $1,150,000

    Price

Tax History for 206 E Valencia Dr

Assessed Value (2020): $37,318
Year Land Value Improved Value Assessed Value
2020 $24,258 $13,060 $37,318

Home Value Compared to the Market

This property vs the competition

206 E Valencia Dr sold on August 18, 2022 for 16.75% higher than the current median sold price for the city of Fullerton which is $985,000. The median sold price per/sqft for Fullerton is $618 and this home is sold at $563.73 per/sqft which puts the price per square foot 8.78% lower than the current median sale per square foot for the city of Fullerton.

About 206 E Valencia Dr

Detailed summary of property

206 E Valencia Dr is a mixed use that recently sold in Fullerton, CA 92832. This mixed use property offered 3 bedrooms, 5 bathrooms, roughly 2,040 living square feet, and sits on an approximately 7,200 square foot lot. 206 E Valencia Dr was first listed on ArdentRealEstateGroup.com on May 20, 2022. The homeowner sold the property for $915,000. Home in Fullerton are selling for a median price of $985,000 and a median price per square foot of $618. Based on Ardent Real Estate Group's Fullerton Market Data, this home is sold 16.75% higher than the current median priced home. Local homes that are currently for sale include 9120 S Fir Ave, 5353 Huntington Dr and 2120 Sheridan St. While the average home in Fullerton, CA is selling in 41 days, 206 E Valencia Dr has a days on market of 12 days. There are currently 178 homes for sale in the Fullerton real estate market and 127 of them are single family homes while 39 of them are condos and 12 are townhomes. For more information on this home for sale at 206 E Valencia Dr Fullerton, CA 92832 contact Ardent Real Estate Group and we will put you in touch with one of our Fullerton agents.

Public Facts for 206 E Valencia Dr

Public county record property details
Beds
3
Baths
1
Year built
1914
Sq. Ft.
792
Lot Size
7,200
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
3
APN
033-054-02

The source for these homes facts are from public records.

92832 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$850,000
Median List Price/Sq.Ft.
$620
Median Sold Price
$835,000
Median Sold Price/Sq.Ft.
$640
Total Inventory
17
Median Sale to List Price %
101.21%
Avg Days on Market
17
Loan Type
Conventional (54.55%), FHA (0%), VA (0%), Cash (18.18%), Other (27.27%)

Thinking of Selling?

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(714) 706-1823

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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.

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