1309 W Valencia Drive
Fullerton, CA 92833
0.51 acres | #PW24215159
Description
C-Class Office Building with Redevelopment Potential at 1309 W Valencia, Fullerton
This 6,245 sq ft C-class office building offers a unique investment opportunity in Fullerton’s designated redevelopment zone. Built in 1961 and situated on a half-acre lot, the property includes 11 fully leased office suites generating nearly $12,000 per month in rental income.
While the building has deferred maintenance and would benefit from upgrades, its consistent occupancy and income make it an attractive asset. Additionally, its location in a special redevelopment area opens the door for higher-density residential or mixed-use redevelopment, presenting an opportunity for investors to maximize returns by transforming the property to meet Fullerton’s growth and housing demand.
With stable income, great location, and strong redevelopment potential, this property is ideal for investors seeking both immediate cash flow and future value appreciation.
Property Details
- Lot DescriptionTwentySixToThirtyUnitsAcre
- Stories1
Measurements
- Acres0.51
Construction Details
- Property TypePurchase
Condition
- Year Built1961
Utilities / Energy Details
- Utility SourcePublic
Community and Neighborhood Details
- CountyOrange
Financial Details
- Original List Price$1,995,000
Other
- MLS #PW24215159
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Kay Meewan Lee (#PLEEMEE)
Listing Office: Circa Properties, Inc. (#PB21518)
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