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.
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 1992
Stories: 4
Listing Office:
Office Name: Marcus & Millichap RE Invest
Office Email: joe.berkson@marcusmillichap.com
Listing Agent: Joseph Berkson
Interior Features
Interior Information:
Appliances: Range, Dishwasher, Disposal, Gas Range, Water Heater
This property is $2.7M more than the Median Sold Price in Fullerton, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #OC24191167
Listing Office:
Office Name: Marcus & Millichap RE Invest
Office Email: joe.berkson@marcusmillichap.com
Listing Agent: Joseph Berkson
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$22.5K
Per Month
Principal & Interest
$18.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$4,004
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$11.1K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Laguna Road Elementary School
300 Laguna Rd
Distance between this listing and this school0.89 miles
Public District Grades KG-6
6
/10
Raymond Elementary School
517 N Raymond Ave
Distance between this listing and this school1.12 miles
Public District Grades KG-6
7
/10
Golden Hill Elementary School
732 Barris Dr
Distance between this listing and this school1.12 miles
Public District Grades KG-6
Nearby Schools
8
/10
Beechwood School
780 Beechwood Ave
Distance between this listing and this school1.08 miles
Public District Grades KG-8
6
/10
Ladera Vista Junior High School of the Arts
1700 E Wilshire Ave
Distance between this listing and this school1.76 miles
Public District Grades 7-8
8
/10
D. Russell Parks Junior High School
1710 Rosecrans Ave
Distance between this listing and this school1.83 miles
Public District Grades 7-8
Nearby Schools
7
/10
Fullerton Union High School
201 E Chapman Ave
Distance between this listing and this school0.76 miles
Public District Grades 9-12
10
/10
Troy High School
2200 Dorothy Ln
Distance between this listing and this school1.64 miles
Public District Grades 9-12
2
/10
La Vista High (Continuation)
909 N State College Blvd
Distance between this listing and this school1.89 miles
The neighbors living near this home have an average income of $92,169. Typical income of Fullerton, CA residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1501 N Brea Blvd
What is the listing price of this property?
The listing price of 1501 N Brea Blvd property is $3,700,000.
What type of property is this?
The property 1501 N Brea Blvd is a condo located in Fullerton, California, 92835.
Is this property for sale now?
Active Listing: 1501 N Brea Blvd is For Sale (Active/New) which means the seller is accepting offers.
Which year was this property built?
The year of construction for 1501 N Brea Blvd is 1992.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1501 N Brea Blvd in Fullerton, CA and zip code 92835. This home, which was built in 1992, sits on a 1.82 acre lot. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $3,700,000.
In October 2024 more than 35 listings in Fullerton, CA were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 24 were sold below. The inventory of homes for sale in Fullerton, CA between September 2024 and October 2024 increased by 3.9%. While the average time on the market in October 2024 was 24 days, the median list price was $965,966.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
PGA/LPGA
PGA/LPGA
Skiing/snowboarding
Tennis
Chico's
Nordstrom
Stein Mart
Bonefish Grill
California Pizza Kitchen
Qdoba
Cadillac
BMW
Lincoln
Classical
Talk/Personality
Sports