1501 N Brea Blvd., Fullerton, CA 92835
-
Listed Price :
$3,800,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1992
Property Description
Hillcrest Senior Condominiums (age 55+) is a multifamily property consisting of 14 total 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, a quality location and the numerous advantages that come from being able to sell off individually parceled units.
Built in 1992, the property consists of all 1 bedroom / 1 bath rental condominium units within a sixty-eight unit complex which are distributed throughout three floors of the property.
This property provides investors with benefits rarely available in rental units 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.
Hillcrest 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 Features
Laundry Information |
Location(s) |
Common Area |
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Flooring Information |
Material |
Carpet, Vinyl |
Interior Information |
Features |
Balcony, Ceiling Fan(s), Tile Counters, Unfurnished |
Cooling Type |
Central Air, Electric |
Listing Information
Address |
1501 N Brea Blvd. |
City |
Fullerton |
State |
CA |
Zip |
92835 |
County |
Orange |
Listing Agent |
Joseph Berkson DRE #01031951 |
Courtesy Of |
Marcus & Millichap RE Invest |
List Price |
$3,800,000 |
Status |
Active |
Type |
Residential Income |
Subtype |
Condominium |
Structure Size |
N/A |
Lot Size |
79,279 |
Year Built |
1992 |
Listing information courtesy of: Joseph Berkson, Marcus & Millichap RE Invest. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 5:39 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.