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1932 W Valencia Drive, Fullerton, CA 92833

Property

1932 W Valencia Drive, Fullerton, CA 92833 Sold May 2025 CRMLS
$2,300,000Sold May 2025

Listing Agent: Ryan Anderson (DRE #01939764) · Listing Office: R L M Equities · Contact: 949-290-0199 · Bought with: Brian Froussine · FIV Realty Co. · MLS #NP25059057 · Source: CRMLS

9,148 sqft
Lot Size
1953
Year Built
Property
Type
1
Stories
3
Garage

About this property

Contact for property brochure. This property is for sale with its neighboring property 1938 W. Valencia. The property consists of two triplexes on separate parcels, 1932 & 1938 W. Valencia for a total of 6 units. Spacious Lot with Expansion Potential – The 18,100 sq. ft. lot offers the possibility for an Accessory Dwelling Unit (ADU) addition, increasing future rental income and overall property value. Implementation of a Ratio Utility Billing System (RUBS) allows for utility cost recovery, improving net operating income without increasing base rents. Tenant-Preferred Features – Each single story triplex features an individual walkup entrance, creating a sense of privacy and home-like living, a strong leasing advantage over traditional apartment layouts. The property includes garage parking, a premium amenity that enhances tenant retention and adds value to the investment along with individual patios.

Listing description from the May 2025 sale, as reported to CRMLS.

Sale history

$2,300,000
Sold May 2025 · listed $1,150,000, on market March 2025 · MLS #NP25059057 · Source: CRMLS
Listing Agent: Ryan Anderson · Listing Office: R L M Equities · Contact: 949-290-0199 · Bought with: Brian Froussine · FIV Realty Co.
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