Under contract

Active Under Contract

1100 1108 W Valencia Drive

Fullerton CA, 92833

$3,600,000


$492.61 per sqft

Under contract

Active Under Contract

7,308 sqft

Condo

Built in 1954

Listed by Tyler Leeson with Marcus & Millichap RE Invest 714-713-9086

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.

OC24153270

MLS ID

July 25, 2024

Listed

September 3, 2024

Updated

Map

1100 1108 W Valencia Drive
Fullerton CA, 92833

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.34 Acres


Lot Features

Street Level


Sewer

Public Sewer

Other Property Details

Area Name

83 - Fullerton


Days on Market

40


Garage

Yes


Garage Spaces

12


Parking Total

12


View

No


County

Orange


Water Source

Public


Pool

No


Pool Features

None

Listing History

Date

Event

Price

8/26/2024

Under contract

Listing Contact: 949-419-3200 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/3/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/3/2024 at 11:13 PM UTC

 

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