$3,700,000
For Sale

1501 N Brea Blvd.

Fullerton, CA 92835
1.82 acres | #OC24191167
Listing OfficeMarcus & Millichap RE Invest
Browse 6 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

THE BEST RESIDENTIAL INVESTMENT OPPORTUNITY IN ORANGE COUNTY
Built in 1992, Hillcrest Senior Condominiums (age 55+) is an offering of 14 total, 1 bedroom rental units in a 68 unit condominium complex. It provides an investor with a truly unique investment opportunity to acquire a stable income stream, substantial rental upside, an outstanding location and the future opportunity to sell individually parceled units.
This offering provides investors unique ownership benefits rarely available in properties in this size range: freedom from direct ownership and responsibilities of common area management and maintenance and a broad range of common amenities such as multiple fitness rooms on each floor, a community room with a full kitchen, media center and pool table, a private park, a pool and spa and laundry rooms and restroom facilities on each floor of the complex.
The property is across from the scenic Hillside Park, filled with mature shade trees, a breathtaking historical fountain, large picnic areas and the “Hillcrest Stairs”. Shopping, dining and golfing facilities are also conveniently located nearby as is St. Jude Medical Center and the historic Downtown Fullerton.

  • Interior Details
      • InteriorBalcony, CeilingFans, TileCounters, Unfurnished
  • Property Details
      • Lot DescriptionThirtySixToFortyUnitsAcre, CloseToClubhouse, IrregularLot, NearPublicTransit, SprinklerSystem, Trees
      • ViewParkGreenbelt, Hills
      • Exterior MaterialsBarbecue
      • Stories4
    • Measurements
      • Acres1.82
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1992
    • Material information
      • FoundationConcretePerimeter, PillarPostPier
  • Utilities / Energy Details
      • Utility FeaturesCableAvailable, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • Subdivision, none
    • Location
      • CountyOrange
  • Financial Details
      • Original List Price$3,800,000
    • HOA
      • Hoa Fees4004
  • Other
      • MLS #OC24191167

Location

Jennifer WalterReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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