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C-Class Office Building with Redevelopment Potential at 1309 W Valencia, FullertonThis 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 Type(s):
Commercial
| Last Updated | 11/12/2024 | Year Built | 1961 |
|---|---|---|---|
| Community | Fullerton | County | Orange |
Additional Details
| AREA | Fullerton |
|---|---|
| CONSTRUCTION | Block |
| LOT | 0.51 acre(s) |
| LOT DESCRIPTION | 26-30 Units/Acre |
| STORIES | 1 |
| WATER | Public |
Location
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Listed with Circa Properties, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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