855.375.4001
Listed by 714-713-9086 - Tyler Leeson - Marcus & Millichap RE Invest
$8,700,000 affordable loan icon Calculate Payment

2550 College Place Fullerton, CA 92831

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Apartment Residence
Beds
Baths
... Bed/Bath
17,296 Sq. Ft.

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Last updated on 7/6/2024 11:00 PM
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, eac...h 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. Continue reading
MLS#
OC24100402
Property Type
Apartment
Year Built
1988
Square Feet
17,296 sq. ft
Lot Size
0.46
Stories
2.0
Sewer
Public Sewer

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Listed by 714-713-9086 - Tyler Leeson - Marcus & Millichap RE Invest
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 7/6/2024 11:00 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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