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1501 N Brea Blvd
Fullerton, CA 92835
Hillcrest Senior Condominiums · Multifamily Property For Sale
·
22 Units
Investment Highlights
- 5.74% Cap Rate / 11.04 GRM / 8.15%% Cash Flow - Market FMR Rent
- Outstanding Fullerton Location North of Old Town, Directly Across from Hillcrest Park
- Excellent Amenity Package
- Seller Financing: Motivated Seller Will Carry Back a New First Loan, 4.0% Interest Only to Facilitate a 2020 Year-End Closing
- 22 Individually Rental Parceled Condos (out of 68) / Age Restricted - 55+
- Recently Funded Association Reserves / Common Area Upgrades are Underway
Property Facts
| No. Units | 22 | Lot Size | 1.82 AC |
| Property Type | Multifamily | Building Size | 84,577 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Stories | 4 |
| Building Class | B | Year Built/Renovated | 1992/2020 |
| Zoning | O-P | ||
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 1.82 AC |
| Building Size | 84,577 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1992/2020 |
| Zoning | O-P |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Storage Space
- Ceiling Fans
- Kitchen
- Range
- Patio
Site Amenities
- Fenced Lot
- Fitness Center
- Laundry Facilities
- Picnic Area
- Pool
- Spa
- Gas Range
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 22 | $1,514 | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $619,877 | |
| Land Assessment | $1,062,526 | Total Assessment | $1,682,403 |
Property Taxes
Parcel Numbers
Land Assessment
$1,062,526
Improvements Assessment
$619,877
Total Assessment
$1,682,403
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