Jordan Bennett of Regency Real Estate Brokers - 949-829-7484

MLS: OC24191167     $3,700,000
Bedrooms with Baths

MLS: OC24191167 Condo For Sale
1501 N BREA BLVD.
FULLERTON CA 92835

MLS:  OC24191167
Status:  ACTIVE
List Price:  $3,700,000
Price per SQFT:  $0
Square Footage:  0

Bedrooms
Baths
Year Built:  1992
Zip Code:  92835

Listing Agent: JOSEPH BERKSON of MARCUS & MILLICHAP RE INVEST joe.berkson@marcusmillichap.com

Listing Remarks

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.

Address: 1501 N BREA BLVD. FULLERTON CA 92835


Featured Agent


Featured Real Estate Agent Jordan Bennett

Jordan Bennett

Regency Real Estate Brokers
Team Lead - BRE: 01850869
Phone: 949-829-7484

Contact Jordan Bennett

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Listing Photos


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Photo #6: OC24191167 Listing

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Listing Details


STATUS:Active
SPECIAL LISTING CONDITIONS:Standard, NoSmoking
LISTING CONTRACT DATE:2024-09-12
BUILDING AREA TOTAL:7014
YEAR BUILT:1992
HOA/MGMT CO:Hillcrest
HOA FEES FREQUENCY:Monthly
HOA FEES:$4,004
HOA INCLUDES:PestControl, Sewer
HOA AMENITIES:BilliardRoom, Clubhouse, ControlledAccess, FitnessCenter, MeetingRoom, Management, MeetingBanquetPartyRoom, MaintenanceFrontYard, Barbecue, Pool, SpaHotTub, Trash
APPLIANCES INCLUDED:BuiltInRange, Dishwasher, Disposal, GasRange, WaterHeater
ARCHITECTURAL STYLE:Contemporary
CONSTRUCTION:Drywall, WoodSiding
COMMUNITY FEATURES:Mountainous, Park, Gated
EXTERIOR FEATURES:Barbecue
FLOORING:Carpet, Vinyl
COOLING:CentralAir, Electric
INTERIOR FEATURES:Balcony, CeilingFans, TileCounters, Unfurnished
LAUNDRY FEATURES:CommonArea
LOT FEATURES:ThirtySixToFortyUnitsAcre, CloseToClubhouse, IrregularLot, NearPublicTransit, SprinklerSystem, Trees
# GARAGE SPACES:0
PARKING FEATURES:None
PROPERTY TYPE:ResidentialIncome
PROPERTY SUB TYPE:Condominium
ROOF:Flat
POOL FEATURES:GasHeat, InGround, Association
SPA FEATURES:Association, InGround
STORIES TOTAL:4
NUMBER OF UNITS TOTAL:14
VIEW:ParkGreenbelt, Hills
LISTING AGENT:JOSEPH BERKSON
LISTING OFFICE:MARCUS & MILLICHAP RE INVEST
LISTING CONTACT:joe.berkson@marcusmillichap.com

Estimated Monthly Payments


List Price:$3,700,000
20% Down Payment:$740,000
Loan Amount:$2,960,000
Loan Type:30 Year Fixed
Interest Rate:6.5 %
Monthly Payment:$18,709

Estimate does not include taxes, fees, insurance.

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Property Location: 1501 N BREA BLVD. FULLERTON CA 92835



Blue Marker: This Listing               Red Marker: Active Listings Nearby

Nearby Active Listings Within: 2 mi


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Featured Agent


Featured Real Estate Agent Jordan Bennett

Jordan Bennett

Regency Real Estate Brokers
Team Lead - BRE: 01850869
Phone: 949-829-7484

Contact Jordan Bennett

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Last Updated: 2024-12-03 04:29:08