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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$ 3,700,000
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1501 N Brea Blvd. Fullerton, CA 92835

7,014 SqFt


UPDATED:

10/09/2024 09:02 PM

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 7,014 sqft

Price per Sqft $527

Subdivision Other (Othr)

MLS Listing ID OC24191167

Style Contemporary

HOA Fees $4,004/mo

HOA Y/N Yes

Year Built 1992

Tax Year 2024

Lot Size 1.820 Acres

Acres 1.82

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

Area 83 - Fullerton

Interior

Interior Features Balcony, Ceiling Fan(s), Tile Counters, Unfurnished

Cooling Central Air, Electric

Flooring Carpet, Vinyl

Appliance Built-In Range, Dishwasher, Disposal, Gas Range, Water Heater

Laundry Common Area

Exterior

Exterior Feature Barbecue Private

Garage None

Fence Wrought Iron

Pool Association, Gas Heat, In Ground

Community Features Park, Mountainous

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Amenities Available Pool, Spa/Hot Tub, Barbecue, Pest Control, Gym/Ex Room, Clubhouse, Billiard Room, Banquet Facilities, Meeting Room, Trash, Sewer, Management, Controlled Access, Maintenance Front Yard

View Y/N Yes

View Hills, Park/Greenbelt

Roof Type Flat

Private Pool No

Building

Lot Description 36-40 Units/Acre, Close to Clubhouse, Irregular Lot, Near Public Transit, Sprinkler System, Treed Lot

Story 4

Foundation Concrete Perimeter, Pillar/Post/Pier

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories Three Or More

New Construction No

Others

HOA Name Hillcrest

Senior Community Yes

Security Features Automatic Gate,Carbon Monoxide Detector(s),Fire and Smoke Detection System,Fire Sprinkler System,Gated Community,Security System,Smoke Detector(s)

Acceptable Financing None

Listing Terms None

Financing None

Special Listing Condition Standard

Confidential INFO

TERMS Non-Smoking Premises

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Agent

SHOW CONTACT NAME Joseph Berkson

SHOW CONTACT PH 9494193232

SHOW INSTRUCTIONS Call listing agent at 949-419-3232


CRMLS Plus
Listed by Marcus & Millichap RE Invest

Candice Blair

Broker Associate | License ID: 01395953 ‌

+1(949) 466-0620

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1501 N Brea Blvd.