This eight-unit multifamily property is located in Fullerton, California. Situated on a 15,028 square foot lot, the property consists of a 4 Bed/3.5 Bath House, a 1 Bed/1.5 Bath Townhouse, and 6 2 Bed/2.5 Bath Townhouses. Built in 2016, these units offer private garage parking with direct access, ample storage, new whirlpool appliances, kitchen pantries, stainless faucets, motion sensor lights in bathrooms and top quality windows. The property is separately metered for WATER, Gas, and Electric. There are white papers and individual parcel numbers for all eight units. The seller has not created an HOA yet, and generous parking space includes a total of 15 garages, plus 5 open parking spots. The property is well-situated next to Downtown Fullerton, the Fullerton Transportation HUB (Train & Bus Lines), and several freeways including State Route 91, California 57 and Highways 39 and 90. Fullerton Town Center, Orangefair Marketplace and Fullerton Metrocenter are less than one mile from the property. The hub of shopping centers total over one million square feet of retail property within a one-mile radius. Nearby schools include Fullerton Union High School, Fullerton College and California State University, Fullerton. Additionally, the property is walking distance to downtown Fullerton. Downtown serves as a vibrant cultural center with facilities, such as the Museum Center, the Downtown Plaza, and Plummer Auditorium.
As of today, there are 11 properties listed for sale in ZIP code 92832 and 164 properties listed for sale in the city of Fullerton, CA. This property at 117 W Valencia Dr in 92832 was last listed for $3,325,000. This is 339% above the current $757,000 median price for Fullerton and 484% above the median of $569,000 for 92832. Of the 164 properties for sale in Fullerton, 128 are single family homes and 36 are condos. 117 W Valencia Dr is a multi family home that is approximately 9,559 square feet, 380% above the Fullerton median of 1,992 and 543% above the 92832 ZIP code median of 1,487. The price per Sqft was $348 which is 15% below the current median price in 92832 of $408 and 9% below the Fullerton median of $383 per Sqft.