About 1501 Brea Blvd.
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.
Features of 1501 Brea Blvd.
| MLS® # | OC24191167 |
|---|---|
| Price | $3,700,000 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Acres | 1.82 |
| Year Built | 1992 |
| Type | Residential Income |
| Sub-Type | Condominium |
| Style | Contemporary |
| Status | Active |
Community Information
| Address | 1501 Brea Blvd. |
|---|---|
| Area | 83 - Fullerton |
| Subdivision | none |
| City | Fullerton |
| County | Orange |
| Zip Code | 92835 |
Amenities
| Amenities | Billiard Room, Clubhouse, Controlled Access, Fitness Center, Meeting Room, Management, Meeting/Banquet/Party Room, Maintenance Front Yard, Barbecue, Pool, Spa/Hot Tub, Trash |
|---|---|
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| Parking | None |
| Garages | None |
| View | Park/Greenbelt, Hills |
| Is Waterfront | No |
| Has Pool | Yes |
| Pool | Gas Heat, In Ground, Association |
Interior
| Interior | Carpet, Vinyl |
|---|---|
| Interior Features | Balcony, Ceiling Fan(s), Tile Counters, Unfurnished |
| Appliances | Built-In Range, Dishwasher, Disposal, Gas Range, Water Heater |
| Cooling | Central Air, Electric |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 4 |
| Stories | Three Or More |
Exterior
| Exterior | Drywall, Wood Siding |
|---|---|
| Exterior Features | Barbecue |
| Lot Description | Close to Clubhouse, Irregular Lot, Near Public Transit, Sprinkler System, Trees, ThirtySixToFortyUnitsAcre |
| Roof | Flat |
| Construction | Drywall, Wood Siding |
| Foundation | Concrete Perimeter, Pillar/Post/Pier |
Additional Information
| Date Listed | September 12th, 2024 |
|---|---|
| Days on Market | 25 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 4004 |
| HOA Fees Freq. | Monthly |
| Leased Land | Fee |
| Senior Community | Yes |
Listing Details
| Agent | Joseph Berkson |
|---|---|
| Office | Marcus & Millichap RE Invest |