CA > Fullerton > ,None
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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Diego Magdaleno

Diego Magdaleno

1Vision Real Estate

+1(714) 681-1222
$3,700,000
Est. payment /mo
1.82 Acres Lot
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UPDATED:

10/09/2024 09:04 PM

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Subdivision ,None

MLS Listing ID OC24191167

Condo Fees $4,004

HOA Fees $4,004/mo

HOA Y/N Yes

Year Built 1992

Tax Year 2024

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 83 - Fullerton

Interior

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

Cooling Central Air, Electric

Flooring Carpet, Vinyl

Fireplace No

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

Laundry Common Area

Exterior

Exterior Feature Barbecue

Garage 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

Private Pool No

Building

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

Story 4

Entry Level Three Or More

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

HOA Fee Include Pest Control,Sewer

Senior Community Yes

Tax ID 93640210

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

Special Listing Condition Standard, No Smoking

Read Less Info
California Regional MLS (CRMLS)
Listed by Joseph Berkson • Marcus & Millichap RE Invest • joe.berkson@marcusmillichap.com
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