Well Maintained in City of Fullerton 6 Units Multifamily Investment Apartment. Nice Neighborhood which Provides 3 of 2-Car Garages in the Back for Additional Rental Income. The Property Consist of 6 Units - 4 Units are One Bedroom with One Bath $ 1450 / $ 1495 Per Month, 2 Units are Two Bedrooms with One Bath ( $ 1675 / $ 1550 Per Month). The building has Remodeling which Includes Newer Paint, Newer Windows, Newer Cabinets in Most of the Units, Newer Laminated Flooring. Annual Scheduled Gross Income to be Approx. $108,840. Annual Scheduled Expense to be Approx. $ 33,677 which Covers Property Tax / Management Service/ Landscaping Fee/ Common Area Electricity, Gas, Trash Water. Each Unit has its Own Electricity and Gas Meter. Landlord Pays Water and Trash. Net Operating Income from the Annual Schedule Gross Income is $75,163. Annual Pro Forma Rental Income is $116,458. Cap Rate 4.22%. Walking Distance to Pacific DR Elementary School. Just Half a Mile to Downtown Fullerton, Fullerton College, and Amtrack Station. Easy to Access Freeway 91 and 57.
MLS #
CRTR21073995
MLS Source
California Regional MLS
Buyer's Brokerage Compensation*
2.00
Cooling
None
Heating
Wall Furnace
Garage/Parking
Garage, Off-Street Parking, Garage: 6 Car(s)
HOA Fee
$0
1310 W Valencia Dr is a Residential Income in Fullerton, CA 92833. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1956.
This address can also be written as 1310 W Valencia Dr, Fullerton, CA 92833.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 15, 2022. For the most current information, please contact Sheng Wang, (909) 612-2148