Fullerton, CA 92833,1100 1108 W Valencia DR
Fullerton, CA 92833,1100 1108 W Valencia DR
Fullerton, CA 92833,1100 1108 W Valencia DR
Fullerton, CA 92833,1100 1108 W Valencia DR
Fullerton, CA 92833,1100 1108 W Valencia DR
Fullerton, CA 92833,1100 1108 W Valencia DR
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$3,300,000

$3,600,000

8.3%
Est.Price: ?

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Est. payment /mo

0.34 Acres Lot


SOLD DATE : 11/01/2024

Key Details

Sold Price $3,300,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC24153270

Sold Date 11/01/24

HOA Y/N No

Year Built 1954

Lot Size 0.340 Acres

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

Interior

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

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Tyler Leeson • Marcus & Millichap RE Invest • tleeson@marcusmillichap.com
Bought with Kristyn Tupper • T.N.G. Real Estate Consultants
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28391 Sheridan Dr, Niguel, California, 92677, United States

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