$1,995,000
1309 W Valencia Drive
Fullerton, CA, 92833
Property Description
C-Class Office Building with Redevelopment Potential at 1309 W Valencia, Fullerton
This 6,245 sq ft C-class office building offers a unique investment opportunity in Fullerton’s designated redevelopment zone. Built in 1961 and situated on a half-acre lot, the property includes 11 fully leased office suites generating nearly $12,000 per month in rental income.
While the building has deferred maintenance and would benefit from upgrades, its consistent occupancy and income make it an attractive asset. Additionally, its location in a special redevelopment area opens the door for higher-density residential or mixed-use redevelopment, presenting an opportunity for investors to maximize returns by transforming the property to meet Fullerton’s growth and housing demand.
With stable income, great location, and strong redevelopment potential, this property is ideal for investors seeking both immediate cash flow and future value appreciation.
This 6,245 sq ft C-class office building offers a unique investment opportunity in Fullerton’s designated redevelopment zone. Built in 1961 and situated on a half-acre lot, the property includes 11 fully leased office suites generating nearly $12,000 per month in rental income.
While the building has deferred maintenance and would benefit from upgrades, its consistent occupancy and income make it an attractive asset. Additionally, its location in a special redevelopment area opens the door for higher-density residential or mixed-use redevelopment, presenting an opportunity for investors to maximize returns by transforming the property to meet Fullerton’s growth and housing demand.
With stable income, great location, and strong redevelopment potential, this property is ideal for investors seeking both immediate cash flow and future value appreciation.
Property Details
Price:
$1,995,000
MLS #:
PW24215159
Status:
Active
Baths:
0
Address:
1309 W Valencia Drive
Type:
Commercial
Subtype:
Office
Neighborhood:
83fullerton
City:
Fullerton
Listed Date:
Nov 8, 2024
State:
CA
ZIP:
92833
Year Built:
1961
Schools
Interior
Exterior
Stories Total
1
Water Source
Public
Financial
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Courtesy of Circa Properties, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 1309 W Valencia Drive
Fullerton, CA
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