1501 Brea Blvd., Fullerton, CA 92835
  • MLS#: OC24191167 ( Condominium )
  • Street Address: 1501 Brea Blvd.
  • Viewed: 2
  • Price: $3,700,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1992
  • Bldg sqft: 0
  • Days On Market: 65
  • Additional Information
  • County: ORANGE
  • City: Fullerton
  • Zipcode: 92835
  • Subdivision: Other (othr)
  • Provided by: Marcus & Millichap RE Invest
  • Contact: Joseph Joseph
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Additional Parcels Description
  1. 93640212
  2. 93640213
  3. 93640214
  4. 93640216
  5. 93640218
  6. 93640220
  7. 93640234
  8. 93640237
  9. 93640238
  10. 93640240
  11. 93640258
  12. 93640261
  13. 93640262
Appliances
  1. Built-In Range
  2. Dishwasher
  3. Disposal
  4. Gas Range
  5. Water Heater
Architectural Style
  1. Contemporary
Association Amenities
  1. Pool
  2. Spa/Hot Tub
  3. Barbecue
  4. Pest Control
  5. Gym/Ex Room
  6. Clubhouse
  7. Billiard Room
  8. Banquet Facilities
  9. Meeting Room
  10. Trash
  11. Sewer
  12. Management
  13. Controlled Access
  14. Maintenance Front Yard
Association Fee
  1. 4004.00
Association Fee Frequency
  1. Monthly
Building Area Total
  1. 7014.00
Carport Spaces
  1. 0.00
Commoninterest
  1. Condominium
Common Walls
  1. 2+ Common Walls
Construction Materials
  1. Drywall Walls
  2. Wood Siding
Cooling
  1. Central Air
  2. Electric
Country
  1. US
Days On Market
  1. 28
Current Financing
  1. None
Entry Location
  1. Street Level
Fencing
  1. Wrought Iron
Flooring
  1. Carpet
  2. Vinyl
Foundation Details
  1. Concrete Perimeter
  2. Pillar/Post/Pier
Garage Spaces
  1. 0.00
Insurance Expense
  1. 1978.00
Interior Features
  1. Balcony
  2. Ceiling Fan(s)
  3. Tile Counters
  4. Unfurnished
Laundry Features
  1. Common Area
Levels
  1. Three Or More
Lockboxtype
  1. None
Lot Features
  1. 36-40 Units/Acre
  2. Close to Clubhouse
  3. Irregular Lot
  4. Near Public Transit
  5. Sprinkler System
  6. Treed Lot
Netoperatingincome
  1. 181478.00
Newtaxesexpense
  1. 44553.00
Number Of Separate Electric Meters
  1. 14
Number Of Separate Gas Meters
  1. 14
Number Of Separate Water Meters
  1. 14
Number With Carpet
  1. 14
Number With Dishwasher
  1. 14
Number With Disposal
  1. 14
Number With Patio
  1. 14
Number With Range
  1. 14
Otherexpense
  1. 48048.00
Otherexpensedescription
  1. HOA Dues
Parcel Number
  1. 93640210
Parking Features
  1. None
Pool Features
  1. Association
  2. Gas Heat
  3. In Ground
Professionalmanagementexpense
  1. 11852.00
Property Type
  1. Condominium
Road Frontage Type
  1. City Street
Road Surface Type
  1. Paved
Roof
  1. Flat
Security Features
  1. Automatic Gate
  2. Carbon Monoxide Detector(s)
  3. Fire and Smoke Detection System
  4. Fire Sprinkler System
  5. Gated Community
  6. Security System
  7. Smoke Detector(s)
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 423109100:CRM
Spa Features
  1. Association
  2. In Ground
Subdivision Name Other
  1. none
Tenant Pays
  1. All Utilities
Totalactualrent
  1. 27370.00
Totalexpenses
  1. 115893.00
Trash Expense
  1. 0.00
Uncovered Spaces
  1. 0.00
Utilities
  1. Cable Available
  2. Electricity Connected
  3. Natural Gas Connected
  4. Sewer Connected
  5. Water Connected
Vacancyallowance
  1. 9103
View
  1. Hills
  2. Park/Greenbelt
Water Source
  1. Public
Year Built
  1. 1992
Year Built Source
  1. Assessor