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1501 N Brea Blvd
Fullerton, CA 92835

$3,700,000 USD

Apartments For Sale  •  84,577 SF

Property Details

  • Property Type Apartments
  • Total Building Size 84,577 SF
  • Lot Size 1.82 AC
  • Building Class B
  • Year Built 1992
  • Cap Rate 4.90 %
  • Zoning O-P
34 Transit Score
64 Walk Score

Highlights

Seller Carry Financing: 4.5% Interest Only
Only $264,2867 / Unit
Pro Forma 9.85 GRM / 6.68% Cap
14 Individual Parcels
High Demand Affordable Senior Housing Niche
Exceptional Location Near Downtown Fullerton

Property Flyers

Financial Summary (Actual)

Net Operating Income: $181,478 USD (2024)
Cap Rate: 4.90 %
Total Expenses: $114,831 USD

Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Fenced Lot
  • Fitness Center
  • Laundry Facilities
  • Picnic Area
  • Pool
  • Spa
  • Storage Space
  • Gas Range
  • Ceiling Fans
  • Kitchen
  • Range
  • Elevator
  • Patio

Public Transportation

Commuter RailDriveWalkDistance
Fullerton (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 4 min - 1.9 mi
Buena Park (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 9 min - 4.8 mi
AirportDriveWalkDistance
John Wayne/Orange County 25 min - 17.8 mi
Long Beach (Daugherty Field) 31 min - 21.4 mi
Ontario International 37 min - 27.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Joseph Berkson 949-419-3232 Marcus & Millichap
Joseph Berkson 949-419-3232 Marcus & Millichap