4032 W Valencia Drive, Fullerton, California 92833, Fullerton, 92833 - 0 bed, 0 bath
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Fullerton, California 92833
This fourplex presents a High-Potential Investment Opportunity with a List Price of $1,599,900—positioned above the $1,456,559 Fair Market Value. While the property requires modernization due to its Fair Condition Rating, it offers a stable, income-generating Asset with rare amenities like private backyards and in-unit laundry. Its strategic location near major freeways and schools ensures consistent rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to modernize aging infrastructure to maximize long-term rental yields.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4032 W Valencia Drive Subject | $1,599,900* List Price | 0 | 0 | 3,238 | $450 | - |
A 1619 Picadilly Sold | $1,385,000 | 0 | 0 | 4,000 | $346 | 0.8 mi |
B 101 Turner Sold | $1,291,950 | 0 | 0 | 2,304 | $561 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, this property is functional but dated. Kitchens feature older oak cabinetry and tile work likely exceeding 20 years in age. The absence of central HVAC (relying on wall heaters and window AC units) and visible exterior wear, such as the damaged garage door, align with the 'Fair' criteria requiring modernization and minor repairs.
Each unit features rare amenities for a fourplex, including private backyards, in-unit washer/dryer hookups, and dual-pane windows, which significantly enhance tenant retention and rental value.
The property provides a one-car garage plus an additional dedicated parking space for every unit, a highly sought-after feature in the Fullerton market that alleviates common parking issues.
Ideally situated near major freeways (5 and 91), schools, and popular retail hubs like Porto’s Bakery, ensuring consistent demand and low vacancy rates in a strong rental market.
Built in 1954, the property may require more frequent maintenance or capital improvements to aging systems compared to newer multi-family developments.
All units, including the three-bedroom residence, feature only one bathroom, which may limit the appeal for larger families or modern renters seeking more convenience.
Centrally located single-story fourplex in the desirable City of Fullerton. Built in 1954, this well-maintained investment property sits on a spacious 12,201 sq. ft. lot and offers an excellent unit mix consisting of one 3-bedroom, 1-bath unit and three 2-bedroom, 1-bath units. Each unit features dual-pane windows, its own washer/dryer hookups inside, a private backyard, a one-car garage, and an additional dedicated parking space, providing convenience and privacy. Ideally situated just half a mile from Valencia Park Elementary School and Buena Park High School, the property also offers easy access to the 5 and 91 Freeways, making daily commuting simple and convenient. Residents will enjoy being just minutes from grocery stores, shopping centers, dining, and the popular Porto’s Bakery. This is a fantastic opportunity to own a centrally located multi-unit property in a strong rental market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,238 | 2,771 | 50% |
| Lot Size | 12,201 | 6,969.5 | 75% |
| Price | $1.60M | $1.34M | 75% |
| Price per sq ft | $494 | $527 | 50% |
| Built year | 1954 | 1954 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 154 | 25% |
May 18, 2026
$1,599,900
Initial Listing
Feb 16, 2021
$1,200,000
Public Record