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2550 College Place, Fullerton, CA, 92831

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$8,700,000
36 Days Online

2550 College Place
Fullerton, CA 92831

For Sale|Multi-Family|Active
Subdivision:
,College Area
County:
Orange
Listed by Tyler Leeson of Marcus & Millichap RE Invest 714-713-9086
Call Now: 951-942-5001
Is this the home for you? We can help make it yours.
951-942-5001
2550 College Place2550 College Place2550 College Place2550 College Place
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Monthly Payment (Est.)

$39,693
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

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 Online 
36 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 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
a month agoListing first seen online
General Features
Parking Spaces 
21
Sewer 
Public Sewer
Number of Stories 
2
Acreage 
0.46
Water 
Public
Property Sub Type 
Apartment
Garage Spaces 
21
Listing Conditions 
Standard
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Lot 
Street Level
Community Features
Association Dues 
0
Community Features 
CurbsGuttersSidewalks
Senior Community 
No
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
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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