1501 N Brea Blvd. Pending

Fullerton,CA 92835

$ 3700000

- Bed

0 Bath

7014 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 7,014 sqft

Price per Sqft $527

MLS Listing ID CROC24191167

HOA Fees $4,004

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

Area Listing

Interior

Cooling Central Air,Other

Flooring Vinyl,Carpet

Laundry Other

Exterior

View Y/N true

View Greenbelt,Hills

Building

Lot Description Close to Clubhouse,Irregular Lot,Other

Sewer Public Sewer

Water Public

New Construction No

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