The most desirable 6 Unit Apartment Building for sale in Orange County and an exceptional investment opportunity, located 1.8 miles from Downtown Fullerton, and 2.4 miles from Fullerton College. The entire building was remodeled over the course of two years and $500,000.00 + in upgrades were made to the property. Additional property features include brand new stainless steel LG appliances, Air Conditioning and Heating throughout the 3 of the apartments, and brand new vinyl flooring. The remodeled units also feature exceptional, fully tiled bathroom floors and walls, combined with a walk in showers for a truly peaceful spa like experience. The spacious galley kitchens have designer Quartz countertops from Bedrosians, gas LG ranges, dishwashers, refrigerators and freezers, and offer ample area for storage, cooking, and counter-space. Three of the units have been meticulously remodeled and no expense was spared to make sure that they are completely up to 2024 living standards. The property also boasts a detached garage complex comprised of (3) spacious 2 car garages that are all rented for an additional $400.00 per month. Zero Vacancy 4.7% Cap Rate currently in place with a 5.3%+ Cap Rate attainable once remaining 3 units are brought up to market rent. Possible to deliver 1 under market rent unit vacant at close of escrow if desired. Overall turn-key, low maintenance asset, with big upside potential.
This property is $2.1M more than the Median Sold Price and $82/SqFt more than other homes in Fullerton, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24343681
Listing Office:
Office Name: Allure Capital Management Corp
Office Phone: (949) 889-2332
Listing Agent: KC James Dorame
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/27/2024, 6:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Oct 06, 2021
Oct 06, 2021Home Sold
$1,720,000
Oct 23, 2018
Oct 23, 2018Home Sold
$1,350,000
Aug 31, 2010
Aug 31, 2010Home Sold
$650,000
Nov 15, 1989
Nov 15, 1989Home Sold
$425,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$16,513
$1,391,265
2020
$16,419
$1,377,000
2019
$9,211
$1,350,000
2018
$9,212
$717,537
2017
$9,062
$703,468
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$15.5K
Per Month
Principal & Interest
$15.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,360
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Pacific Drive Elementary School
1501 W Valencia Dr
Distance between this listing and this school0.31 miles
Public District Grades KG-6
Middle School
3
/10
Nicolas Junior High School
1100 W Olive Ave
Distance between this listing and this school0.39 miles
Public District Grades 7-8
High School
6
/10
Fullerton Union High School
201 E Chapman Ave
Distance between this listing and this school1.69 miles
Public Magnet Grades 9-12
Assigned Schools
5
/10
Pacific Drive Elementary School
1501 W Valencia Dr
Distance between this listing and this school0.31 miles
Public District Grades KG-6
Nearby Schools
6
/10
Fern Drive Elementary School
1400 W Fern Dr
Distance between this listing and this school0.87 miles
Public District Grades KG-6
5
/10
Orangethorpe Elementary School
1400 S Brookhurst Rd
Distance between this listing and this school0.91 miles
Public District Grades KG-6
Assigned Schools
3
/10
Nicolas Junior High School
1100 W Olive Ave
Distance between this listing and this school0.39 miles
Public District Grades 7-8
Nearby Schools
9
/10
Robert C. Fisler Elementary School
1350 Starbuck St
Distance between this listing and this school1.51 miles
Public District Grades KG-8
8
/10
D. Russell Parks Junior High School
1710 Rosecrans Ave
Distance between this listing and this school1.74 miles
Public District Grades 7-8
Assigned Schools
6
/10
Fullerton Union High School
201 E Chapman Ave
Distance between this listing and this school1.69 miles
Public Magnet Grades 9-12
Nearby Schools
9
/10
Sunny Hills High School
1801 Warburton Way
Distance between this listing and this school1.25 miles
Public Magnet Grades 9-12
5
/10
Buena Park High School
8833 Academy Dr
Distance between this listing and this school1.85 miles
The neighbors living near this home have an average income of $59,200. Residents of Fullerton, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1310 W Valencia Dr
What is the listing price of this property?
The listing price of 1310 W Valencia Dr property is $3,100,000.
What type of property is this?
The property 1310 W Valencia Dr is a house located in Fullerton, California, 92833.
Is this property for sale now?
Active Listing: 1310 W Valencia Dr is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1310 W Valencia Dr are: Pacific Drive Elementary School: GreatSchools Rating 5/10Nicolas Junior High School: GreatSchools Rating 3/10Fullerton Union High School: GreatSchools Rating 6/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $16,513 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 6, 2021 for $1,720,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1310 W Valencia Dr has 8 bedrooms and 6 bathrooms.
What is the square footage of this property?
The property 1310 W Valencia Dr is 4,731 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1310 W Valencia Dr is 1956.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1310 W Valencia Dr in Fullerton, CA and zip code 92833. This 4,731 square foot home, which was built in 1956, sits on a 0.17 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 04, 2024 and is currently priced at $3,100,000.
While more than 31 listings in Fullerton, CA in March 2024 were sold above asking price, there were more than 10 listings sold at asking price, and more than 18 were sold below. In March 2024 in Fullerton, CA there were 4% more homes for sale than in February 2024. While the average time on the market in March 2024 was 16 days, the median list price was $918,265.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Pro Boxing
Pro Boxing
Major League Soccer (MLS)
Music Concerts
IKEA
Banana Republic
H&M
Quiznos
Jack In The Box
Chipotle
Lexus
Toyota
Volkswagen
Soft Adult Contemporary
Jazz