1501 N Brea Blvd. Active Save Request In-Person Tour Request Virtual Tour
Fullerton,CA 92835
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC24191167
Style Contemporary
HOA Fees $4,004
Year Built 1992
Lot Size 1 Sqft
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
Rooms
Kitchen Dishwasher,Garbage Disposal,Oven Range - Gas,Oven Range - Built-In
Interior
Cooling Central AC,Central Forced Air - Electric
Laundry Laundry Area
Exterior
Garage No Parking
Pool Heated - Gas,Pool - In Ground,21,Community Facility,Spa - Community Facility
View Greenbelt,Hills
Roof Type Flat / Low Pitch
Building
Lot Description Trees,Irregular
Story Three or More Stories
Foundation Pillars / Posts / Piers,Concrete Perimeter
Water Hot Water,District - Public
Others
Special Listing Condition Not Applicable