THE BEST RESIDENTIAL INVESTMENT OPPORTUNITY IN ORANGE COUNTYBuilt 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.
|
DAYS ON MARKET
|
71
|
LAST UPDATED
|
10/9/2024
|
|
TRACT
|
,none
|
YEAR BUILT
|
1992
|
|
COMMUNITY
|
Fullerton
|
COUNTY
|
Orange
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
Prior to Oct 9, '24
|
$3,800,000
|
| Oct 9, '24 - Today |
$3,700,000 |
| ADULT COMMUNITY |
Yes |
| AIR |
Central Air, Electric |
| AIR CONDITIONING |
Yes |
| AMENITIES |
Barbecue, Billiard Room, Clubhouse, Controlled Access, Fitness Center, Maintenance Front Yard, Management, Meeting Room, Meeting/Banquet/Party Room, Pool, Spa/Hot Tub, Trash |
| APPLIANCES |
Built-In Range, Dishwasher, Disposal, Gas Range, Water Heater |
| AREA |
Fullerton |
| CONSTRUCTION |
Drywall, Wood Siding |
| EXTERIOR |
Barbecue |
| GARAGE |
None |
| HOA DUES |
4004 |
| INTERIOR |
Balcony, Ceiling Fan(s), Tile Counters, Unfurnished |
| LOT |
1.82 acre(s) |
| LOT DESCRIPTION |
36-40 Units/Acre, Close to Clubhouse, Irregular Lot, Near Public Transit, Sprinkler System, Trees |
| PARKING |
None |
| POOL |
Yes |
| POOL DESCRIPTION |
Gas Heat,In Ground,Association |
| SEWER |
Public Sewer |
| STORIES |
4 |
| STYLE |
Contemporary |
| SUBDIVISION |
,none |
| UTILITIES |
Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Park/Greenbelt,Hills |
| WATER |
Public |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Ben
Salem to contact you even if your name is on a Federal or State
"Do not call List".
Listed with Marcus & Millichap RE Invest
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/26/24 2:51 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
Save favorite listings, searches, and get the latest alerts
Save your favorite listings, searches, and receive the latest listing alerts
Twitter
Facebook
Email