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Property 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.
Full Property Details
Full Property Details for 1309 W Valencia Dr
General
- Status: Closed
- Type: Office
- Source: MRMLS
- MLS ID: PW24215159
- Added to Site: 466 day(s) ago
Business
- Business Type: Professional/Office
Rooms
Other Rooms
- Laundry: None
Location
- County: Orange
- Driving Directions: West of Euclid on Valencia
Structural Information
- Construction: Block
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 6245
- Square Feet: 6,245
- Year Built: 1961
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.51
- Useable Acres: .51
- Lot Size (Sq. Ft.): 22,216
- Lot Size Source: Assessor
- Lot Features: 26-30 Units/Acre, Lot 20000-39999 Sqft
- Lot Description: 26-30 Units/Acre, Lot 20000-39999 Sqft
Financial Considerations
- Price Per Sq. Ft.: $224
Disclosures and Reports
- Investment: Yes
- Property ID: 3115023
Listed by Circa Properties, Inc., Kay MeewanLee
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Schools
Schools serving 1309 W Valencia Dr
| Name | Grades | Distance |
|---|---|---|
Pacific Drive Elementary School 1501 West Valencia Drive, Fullerton, CA 92833 | PK-6 | 0.3 mi |
Nicolas Junior High School 1100 West Olive Avenue, Fullerton, CA 92833 | 7-8 | 0.5 mi |
Sunny Hills High School 1801 Lancer Way, Fullerton, CA 92833 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1309 W Valencia Dr
Date
Details
Price
Change
Source
11/08/2024
Sold
$1,995,000
—
MLS
11/08/2024
Listed
$1,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1309 W Valencia Drive, Fullerton, CA 92833 (MLS# PW24215159) is a Office property that was sold on November 08, 2024. Want to learn more about 1309 W Valencia Drive? Do you have questions about finding other Office real estate for sale in Fullerton? You can browse all Fullerton real estate or contact a Coldwell Banker agent to request more information.

