1501 N Brea Blvd.

Fullerton, CA 92835

About this property

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.

About this property

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 and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$3,700,000 Active
7,014 SQFT

Presented By Coldwell Banker Home Source

Agent Image
Get in touch today! Phone: 1-760-684-8100
License #01902736
Brokerage
Marcus & Millichap RE Invest 949-419-3200
1-949-419-3200
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

83 Fullerton | Orange County | none

$ 3,700,000
This listing is play_arrow 200.0% higher than the average in the area
$ 1,233,500 in the area
7,014 SqFt
This listing is play_arrow 258.9% larger than the average in the area
1,955 SqFt in the area
$ 528 $/SqFt
This listing is play_arrow 17.0% less than the average in the area
$ 636 $/SqFt in the area
85 days on site
This listing is play_arrow 325.0% above the average in the area
20 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School

Want to See More Listings in the Area?

Listed By Joseph Berkson
Brokerage: Marcus & Millichap RE Invest 949-419-3200

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Coldwell Banker Home Source

Real Estate Links Our Domains