1938 W VALENCIA DRIVE, FULLERTON CA 92833
- 1,972 sq.ft.
- 9,148 sq.ft. lot
Property Description
Contact for property brochure. This property is for sale with its neighboring property 1932 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 Courtesy of Ryan Anderson, R L M Equities
Exterior Features
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