NOT LISTED FOR SALE

318 W Valencia Dr Fullerton, CA 92832

8 Beds
4 Baths
3,136 Sq Ft
7,874 Sq Ft Lot

Last Sold July 12, 2013

Last sale price $755,000 $241 Per Sq Ft

Highlights

  • Laundry Room
  • Parking Storage or Cabinetry
  • 2-minute walk to Richman Park
  • Fullerton Union High School Rated A
  • 4 Car Garage

About This Home

As of July 2013

Great Investment Opportunity! Recently upgraded income property. All 4 units are 2 bedrooms + 1 bath, 4 enclosed garages, all units are rented. New roof, new dual pane windows, new custom security doors, new laminated wood floors, new paint, iron fence all around, and laundry facility. All units have stoves, garbage disposals, and separate water heaters. NO rent control (buyer to verify) per the Fullerton Housing Authority! This is in a strong rental area of Fullerton. Close to Cal State Fullerton, freeways, shopping, restaurants, parks, and school.

Last Agent to Sell the Property

Jay Ngo

Epique Realty License #01394881 Listed on: 06/09/2013

Last Buyer's Agent

Martha Carrasco

Keller Williams North Valley License #01734066

Keller Williams North Valley

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 7,874 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls

Parking

  • 4 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Assigned Parking

Home Design

  • 3,136 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 2988
  • Assessor Parcel Number 03218216

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,800
  • Insurance Expense $1,100
  • Maintenance Expense $3,100
  • Trash Expense $500
  • New Taxes Expense $8,500
  • Gross Income $5,050
  • Net Operating Income $44,910

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: Direct
  • Other Phone Number: 8888226020
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Fullerton Crest (FUCR)
  • Property Type: Residential Income
  • Parcel Number: 03218216
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 240.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Built-In Storage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Laundry: Yes
  • Laundry Features: Inside, Individual Room
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Size Sq Ft: 7874.00
  • Lot Size Acres: 0.1810

Multi Family

  • Electric Expense: 1800.00
  • Gross Income: 5050.00
  • Gross Scheduled Income: 60600.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 7874.0000 Square Feet
  • Maintenance Expense: 3100.00
  • Net Operating Income: 44910.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 15150.00
  • Operating Expense Percent: 25.00
  • Rent Control: No
  • Total Actual Rent: 5050.00

Tax Info

  • New Taxes Expense: 8500.00
  • Tax Lot: 19
  • Tax Tract Number: 2988
  • Tax Year: 2011

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2013 07/12/13 Sold $755,000 +0.8% $241 / Sq Ft
06/09/2013 06/09/13 For Sale $749,000 +99.7% $239 / Sq Ft
05/25/2013 05/25/13 Pending -- -- --
08/07/2012 08/07/12 Sold $375,000 0.0% $120 / Sq Ft
05/24/2012 05/24/12 Pending -- -- --
11/01/2011 11/01/11 For Sale $375,000 -- $120 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jay Ngo

    Seller's Agent in 2013

    Jay Ngo

    Epique Realty

    (888) 822-6020

    7 Total Sales

    Section Image
  • Martha Carrasco

    Buyer's Agent in 2013

    Martha Carrasco

    Keller Williams North Valley

    (818) 491-4500

    71 Total Sales

    Section Image

  • D

    Seller's Agent in 2012

    Donald Green

    Berkshire Hathaway HomeServices California Properties

    Section Image

  • L

    Buyer Co-Listing Agent in 2012

    Linda Brisley-Weiss

    Coldwell Banker Alliance

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13032046

California Regional Multiple Listing Service (CRMLS)

APN: 032-182-16

California Orange County Fullerton 92832

318 W Valencia Dr, Fullerton, CA

This home is located at 318 W Valencia Dr, Fullerton, CA 92832 since 09 June 2013. This property was built in 1956. 318 W Valencia Dr is a home located in Orange County with nearby schools including Richman Elementary School, Nicolas Junior High School, and Fullerton Union High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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. Properties may or may not be listed by the office/agent presenting the information

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