1555 North Harbor Boulevard
$18,500,000
6
78
39,000
39,000
$474
Listed By Compass
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...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.
Listing Agent
Property Details for 1555 North Harbor Boulevard
Parking Spaces Total
52
Private PoolNo
Total Units26.0
Building TypeAttached
Lot Size SourceAssessor
Living Area39000
Assessor Parcel Number281-011-30
Property Attached YNtrue
LISTING UPDATED: 09/05/2024 11:38 PM
Property Details for 1555 North Harbor Boulevard
Status | Active |
---|---|
MLS # | OC24184382 |
Days on Market | 11 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Townhouse |
MLS Type | Residential Income |
Year Built | 2026 |
County | Orange County |
Building Information for 1555 North Harbor Boulevard
Building/Complex1555 N Harbor BlvdFloor-Stories3Residences-Pet Policy-Year Built2026Building Size-
Property Information for 1555 North Harbor Boulevard
Property History for 1555 North Harbor Boulevard
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1555 North Harbor Boulevard
This home is within Fullerton Joint Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Golden Hill Elementary School PublicK to 6 | ||
Nicolas Junior High School Public7 to 8 | ||
Fullerton Union High School Public9 to 12 | ||
La Sierra High (Alternative) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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