Fullerton, CA 92835,1501 N Brea Blvd.
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Fullerton, CA 92835,1501 N Brea Blvd.
Fullerton, CA 92835,1501 N Brea Blvd.
Fullerton, CA 92835,1501 N Brea Blvd.
Fullerton, CA 92835,1501 N Brea Blvd.
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Listed by Joseph Berkson • Marcus & Millichap RE Invest
$ 3,700,000
Est. payment /mo
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Active

1501 N Brea Blvd. Fullerton, CA 92835

7,014 SqFt


UPDATED:

10/10/2024 04:28 AM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,014 sqft

Price per Sqft $527

MLS Listing ID CROC24191167

HOA Fees $4,004

HOA Y/N Yes

Originating Board Datashare California Regional

Year Built 1992

Lot Size 1.820 Acres

Property 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.

Location

State CA

County Orange

Interior

Cooling Central Air, Other

Flooring Vinyl, Carpet

Fireplace No

Laundry Other

Exterior

View Greenbelt, Hills

Parking Type None

Building

Lot Description Close to Clubhouse, Irregular Lot, Other

Water Public


Bay East AOR and Contra Costa AOR

Gregory Jackson

Broker Associate | License ID: 01111634

+1(925) 786-8504

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1501 N Brea Blvd.