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$ 3,600,000
$ 3,700,000 2.7%
1501 N Brea Blvd. Fullerton, CA 92835
1.82 Acres Lot
UPDATED:
Key Details
Sold Price $3,600,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC24191167
Condo Fees $4,004
HOA Fees $4,004/mo
Year Built 1992
Tax Year 2024
Lot Size 1.820 Acres
Property Description
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
Cooling Central Air, Electric
Flooring Carpet, Vinyl
Laundry Common Area
Exterior
Exterior Feature Barbecue
Parking Features None
Fence Wrought Iron
Pool Gas Heat, In Ground, Association
Community Features Mountainous, Park, Gated
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Amenities Available Billiard Room, Clubhouse, Controlled Access, Fitness Center, Meeting Room, Management, Meeting/Banquet/Party Room, Maintenance Front Yard, Barbecue, Pool, Spa/Hot Tub, Trash
View Y/N Yes
View Park/Greenbelt, Hills
Roof Type Flat
Building
Lot Description 36-40 Units/Acre, Close to Clubhouse, Irregular Lot, Near Public Transit, Sprinkler System, Trees
Story 4
Foundation Concrete Perimeter, Pillar/Post/Pier
Sewer Public Sewer
Water Public
New Construction No
Others
Special Listing Condition Standard, No Smoking
Bought with Selden McKnight • Selden McKnight