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$8,700,000
180 Days On Site

2550 College Place
Fullerton, CA 92831

For Sale|Apartment|Pending
0
Beds
0
Full Baths
0
Partial Baths
17,296
SqFt
$503
/SqFt
1988
Built
Subdivision:
College Area
County:
Orange
Listed by Tyler Leeson of Marcus & Millichap RE Invest [email protected]

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2550 College Place2550 College Place2550 College Place2550 College Place
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2550 College Place is an 18-unit multifamily investment property located directly adjacent to the campuses of Hope International University (HIU) and California State University, Fullerton (CSUF). 2550 College Place offers a highly desirable mix of 4, one-bedroom units and 14, two-bedroom units, each with a private patio or balcony. The property offers a gated parking garage and an on-site laundry facility, two highly desirable amenities for potential renters. 2550 College Place benefits from its optimal Fullerton location, within walking distance of HIU and CSUF, major employment and housing drivers for the area. Currently just 3 percent of CSUF students live in college-owned, -operated, or -affiliated housing leaving a substantial demand for the more than 40,000 enrolled students to find campus adjacent housing. Additionally, residents enjoy convenient access to downtown Fullerton, a popular destination for dining, entertainment, and nightlife. Furthermore, the property benefits from its close proximity to State Routes 57 and 91, connecting residents to employment hubs throughout Southern California. Given the property’s unique location, adjacent to HIU and CSUF, the property offers an investor the ability to capture quality tenants seeking an optimal location with access to the universities as well as a wide variety of activities and area amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 2550 College Place.

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Listing Snapshot
Price 
$8,700,000
Days On Site 
180 Days
Bedrooms 
N/A
Inside Area (SqFt) 
17,296 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.46 Acres
Year Built 
1988
MLS® Number 
OC24100402
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayStatus changed to Pending
yesterdayListing updated with changes from the MLS®
6 months agoListing first seen on site
General Features
Acres 
0.46
Garage 
Yes
Garage Spaces 
21
Number Of Stories 
2
Parking Spaces 
21
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
17296
Stories 
Two
Water Source 
Public
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Community Features
Building Access 
First Level
Community Features 
CurbsSidewalks
Financing Terms Available 
Cash1031 Exchange
MLS Area 
83 - Fullerton


This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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