$3,800,000
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

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 Details
      • InteriorBalcony, CeilingFans, TileCounters, Unfurnished
  • Property Details
      • Lot DescriptionItem3640UnitsAcre, 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

Joshua HenryBerkshire Hathaway Home Services California Properties
$
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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