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Pamela Ratcliffe

pam@teamratcliffe.com +1(619) 981-5606

$ 3,600,000

Est. payment -/mo

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Pending

1100 1108 W Valencia DR Fullerton, CA 92833

7,308 SqFt

UPDATED:

10/17/2024 10:51 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 7,308 sqft

Price per Sqft $492

Subdivision ,Other

MLS Listing ID OC24153270

HOA Y/N No

Year Built 1954

Lot Size 0.340 Acres

Acres 0.34

Property Description

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.

Location

State CA

County Orange

Area 83 - Fullerton

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 12.0

Garage Description 12.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 12

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 03136314

Energy Description 2846.0

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

Listed by Tyler Leeson • Marcus & Millichap RE Invest • tleeson@marcusmillichap.com

Pamela Ratcliffe

Agent | License ID: 01152227

+1(619) 981-5606

Pamela Ratcliffe

1100 1108 W Valencia DR Fullerton, CA 92833

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1100 1108 W Valencia DR