1555 North Harbor

Fullerton, CA 92835
$18,500,000
0.84 acres | #OC24184382
Courtesy of Compass
For Sale

Description

This future project to be built at 1555 N Harbor Blvd presents a rare and exciting opportunity to acquire a 26-townhome condominium development in a highly desirable Fullerton location. $18,500,000 is the price for the completed project. Construction has not started. Or consider buying the land and with the entitlements at $3.95 Million. The project at 1555 N Harbor Blvd offers an exceptional opportunity to acquire pre construction 26-townhome condominium development in a prime location that seamlessly integrates connectivity, education, employment, and a vibrant community lifestyle. This versatile offering presents multiple investment paths, making it ideal for a range of buyers. All units are scheduled to built as condominiums, providing the option to sell them individually while establishing a Homeowners Association (HOA). Alternatively, buyers can retain some or all units to operate as a brand-new multifamily rental property, generating great potential cash flow with market rents averaging over $4,000 per unit. Some flexibility on the unit size allowing some units to be as large as 4 bedrooms and 1800 sq ft. Further enhancing the investment appeal,the project is priced $3.5 million below current market values. The seller, who has extensive experience in entitlement and development, with various paths forward, including the possibility of a joint venture, purchasing the land and plans for independent development, or utilizing seller carryback financing. The combination of flexible investment options, strategic location, and significant cost savings makes this an outstanding opportunity for developers and investors seeking a high-potential project in a thriving area.
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  • Property Details
    • Property
      • Stories:3
    • Measurements
      • Acres:0.8421
    • Parking
      • Parking spaces:52
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:2026
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Community
      • Subdivision:Sunny Hills (SUNH)
    • Location
      • County:Orange
  • Financial Details
    • Pricing Details
      • Original List Price:$18, 500, 000
  • Other
    • Source
      • MLS #:OC24184382

Location

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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 the most recent time synced 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

Last Updated: . Source: CRMLS

Listing Courtesy
Listing Agent: Patrick Parry
Listing Office: Compass

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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6.0%

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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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    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 the most recent time synced 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