Min Oh
Paradise Realty
(657) 400-8307
32 Total Sales
1 in Las Palmas Hermosa
$1,416,000 Price
1501 N Brea Blvd Fullerton, CA 92835
Las Palmas Hermosa NeighborhoodEstimated Value: $352,000 - $407,672
1
Bed
1
Bath
7,014
Sq Ft
1.82
Acre Lot
Highlights
- Fitness Center
- Active Adult
- 1.82 Acre Lot
- In Ground Pool
- Gated Community
- View of Hills
About This Home
As of December 2024THE 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.
Last Agent to Sell the Property
Joseph Berkson
Marcus & Millichap RE Invest Brokerage Email: joe.berkson@marcusmillichap.com License #01031951 Listed on: 09/16/2024
Last Buyer's Agent
General NONMEMBER
NONMEMBER MRML
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Condominium
Year Built
- Built in 1992
Lot Details
- Two or More Common Walls
- Wrought Iron Fence
- Sprinkler System
- Wooded Lot
- Density is 36-40 Units/Acre
- 93640212, 93640213, 93640214, 93640216, 93640218, 93640220, 93640234, 93640237, 93640238, 93640240, 93640258, 93640261, 93640262
HOA Fees
- $4,004 Monthly HOA Fees
Parking
- Automatic Gate
Property Views
- Hills
- Park or Greenbelt
Home Design
- Contemporary Architecture
- Entry on the 1st floor
- Flat Roof Shape
- Pillar, Post or Pier Foundation
- Fire Rated Drywall
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 7,014 Sq Ft Home
- 4-Story Property
- Ceiling Fan
Kitchen
- Built-In Range
- Dishwasher
- Tile Countertops
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Home Security
- Home Security System
- Pest Guard System
Pool
- In Ground Pool
- In Ground Spa
- Gas Heated Pool
Outdoor Features
- Balcony
- Outdoor Grill
Location
- Property is near clubhouse and public transit
Utilities
- Central Air
- Natural Gas Connected
- Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 1
- Tax Tract Number 142501
- Assessor Parcel Number 93640210
- $5,243 per year additional tax assessments
Community Details
Overview
- Active Adult
- Front Yard Maintenance
- 14 Units
- Hillcrest Association
- Mountainous Community
Amenities
- Community Barbecue Grill
- Clubhouse
- Banquet Facilities
- Billiard Room
- Meeting Room
- Laundry Facilities
Recreation
- Fitness Center
- Community Pool
- Community Spa
- Park
Building Details
- 14 Leased Units
- 14 Separate Electric Meters
- 14 Separate Gas Meters
- 14 Separate Water Meters
- Insurance Expense $1,978
- Maintenance Expense $8,400
- Other Expense $48,048
- Professional Management Expense $11,852
- New Taxes Expense $44,553
- Operating Expense $115,893
- Gross Income $305,412
- Net Operating Income $181,478
Security
- Resident Manager or Management On Site
- Controlled Access
- Gated Community
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 16, 2024
Closed on
Dec 17, 2024
Sold by
1501 Nb Llc
Bought by
Seller's Agent
Joseph Berkson
Marcus & Millichap RE Invest
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$3,800,000
Sold Price
$3,600,000
Premium/Discount to List
-$200,000
-5.26%
Views
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,226,443
Avg. Annual Appreciation
-73.83%
Original Mortgage
$1,600
Outstanding Balance
$1,574
Interest Rate
6.79%
Mortgage Type
Seller Take Back
Estimated Equity
$371,983
Purchase Details
Listed on
Aug 27, 2020
Closed on
Dec 29, 2020
Sold by
Goldman Tamara and 1996 Zitter Trust
Bought by
Goldman Tamara and 1996 Zitter Trust
Seller's Agent
Joseph Berkson
Marcus & Millichap RE Invest
Buyer's Agent
Joseph Berkson
Marcus & Millichap RE Invest
List Price
$5,000,000
Sold Price
$4,900,000
Premium/Discount to List
-$100,000
-2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.45%
Purchase Details
Listed on
Aug 27, 2020
Closed on
Dec 28, 2020
Sold by
Goldman Tamara and 1996 Zitter Trust
Bought by
1501 Nb Llc
Seller's Agent
Joseph Berkson
Marcus & Millichap RE Invest
Buyer's Agent
Joseph Berkson
Marcus & Millichap RE Invest
List Price
$5,000,000
Sold Price
$4,900,000
Premium/Discount to List
-$100,000
-2%
Purchase Details
Closed on
Oct 17, 2006
Sold by
Zitter Tinnia
Bought by
Zitter Tinnia and 1996 Zitter Trust
Purchase Details
Closed on
Jun 17, 2003
Sold by
Horizon Fullerton Housing Inc
Bought by
Zitter Saul and Zitter Tinnia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,337,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Las Palmas Hermosa, CA
-
Min Oh
-
Phillip Schaefer
Phillip Schaefer
Seven Gables Real Estate
(657) 261-8185
58 Total Sales
1 in Las Palmas Hermosa
$1,351,000 Price
-
Paul Gusiff
Paul Gusiff
Westworld Realty Inc.
(669) 202-9633
103 Total Sales
4 in Las Palmas Hermosa
$1M - $1.6M Price Range
-
Barbara Kerr
Barbara Kerr
BK Platinum Properties
(657) 385-8423
50 Total Sales
4 in Las Palmas Hermosa
$910K - $945K Price Range
-
Brad Kerr
Brad Kerr
BK Platinum Properties
(562) 352-1881
56 Total Sales
4 in Las Palmas Hermosa
$1,915,000 Price Range
-
Zach Mickelson
Zach Mickelson
Real Broker
(657) 341-1538
49 Total Sales
8 in Las Palmas Hermosa
$945K - $2.8M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,600,000 | Ticor Title Company | ||
| Goldman Tamara | -- | Ticor Title Company Of Ca | |
| 1501 Nb Llc | $4,900,000 | Ticor Title Company Of Ca | |
| Zitter Tinnia | -- | Fidelity National Title Comp | |
| Zitter Saul | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,600 | ||
| Previous Owner | Zitter Saul | $1,337,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/20/2024 12/20/24 | Sold | $3,600,000 | -2.7% | $513 / Sq Ft | |
| 10/09/2024 10/09/24 | Price Changed | $3,700,000 | -2.6% | $528 / Sq Ft | |
| 09/16/2024 09/16/24 | For Sale | $3,800,000 | -22.4% | $542 / Sq Ft | |
| 12/30/2020 12/30/20 | Sold | $4,900,000 | -2.0% | $445 / Sq Ft | View Prior Sale |
| 08/27/2020 08/27/20 | For Sale | $5,000,000 | -- | $454 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $4,212 | $357,000 | $252,700 | $104,300 |
| 2025 | $2,909 | $350,000 | $247,745 | $102,255 |
| 2024 | $2,909 | $236,358 | $146,687 | $89,671 |
| 2023 | $2,836 | $231,724 | $143,811 | $87,913 |
| 2022 | $2,813 | $227,181 | $140,991 | $86,190 |
| 2021 | $2,765 | $222,727 | $138,227 | $84,500 |
| 2020 | $1,894 | $141,686 | $60,116 | $81,570 |
| 2019 | $1,547 | $110,647 | $33,141 | $77,506 |
| 2018 | $1,525 | $108,478 | $32,491 | $75,987 |
| 2017 | $1,500 | $106,351 | $31,853 | $74,498 |
| 2016 | $1,472 | $104,266 | $31,228 | $73,038 |
| 2015 | $1,434 | $102,700 | $30,759 | $71,941 |
| 2014 | $1,395 | $100,689 | $30,157 | $70,532 |
Source: Public Records
Agents Affiliated with this Home
-
JB
Seller's Agent in 2024
Joseph Berkson
Marcus & Millichap RE Invest
-
GN
Buyer's Agent in 2024
General NONMEMBER
NONMEMBER MRML
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24191167
APN: 936-402-10
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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. 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
Nearby Homes
- 1501 N Brea Blvd Unit 212
- 1627 Brea Blvd Unit 248
- 1307 Shadow Ln Unit D
- 1635 Shady Brook Dr Unit 162
- 1665 Brea Blvd
- 1354 Shadow Ln
- 1508 Sunny Crest Dr
- 1344 Avolencia Dr
- 1201 Sheppard Dr
- 2026 Lexington Dr
- 633 Dorothy Ln
- 665 Dorothy Ln
- 456 El Camino Dr
- 1941 Skyline Dr
- 646 Oak Tree St
- 1355 Canterbury Ln
- 2585 Sunflower St
- 2061 Skyline Dr
- 525 Riviera Ct
- 2310 Morelia Place
- 1501 N Brea Blvd Unit 44
- 1501 N Brea Blvd Unit 55
- 1501 N Brea Blvd Unit 218
- 1501 N Brea Blvd Unit 201
- 1501 Brea Blvd Unit 224
- 1501 Brea Blvd Unit 223
- 1501 Brea Blvd Unit 307
- 1501 Brea Blvd Unit 216
- 1501 Brea Blvd Unit 218
- 1501 Brea Blvd Unit 309
- 1501 Brea Blvd Unit 308
- 1501 Brea Blvd
- 1501 Brea Blvd Unit 312
- 1501 Brea Blvd Unit 206
- 1501 Brea Blvd Unit 2
- 1501 Brea Blvd Unit 219
- 1501 Brea Blvd Unit 203
- 1501 Brea Blvd Unit 101
- 1501 Brea Blvd Unit 107
- 1501 Brea Blvd Unit 104
Your Personal Tour Guide
Ask me questions while you tour the home.