$6,750,000
Active Under Contract
14 Days Online
0 Beds0 Baths12,246 SQFT
Active Under Contract

111 S Flower Avenue Brea, CA 92821

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111 South Flower Avenue is an 18-unit multifamily investment property located in Brea, California. The property offers a diverse mix consisting of 5, studio units, 6, one-bedroom units, 6, two-bedroom units, and 1, three-bedroom unit. Residents enjoy the property’s amenities including ample garage and surface parking, an on-site laundry facility, and private patios (first-floor units). Current ownership has invested significant capital into unit and property improvements, and has stabilized the asset with in-place rents near market rental rates. Improvements include fresh paint, vinyl flooring, quartz countertops, shaker-style cabinetry, recessed lighting, and more. 111 South Flower Street is situated in an optimal Brea location, within walking distance of a plethora of retail, dining, and entertainment options at Brea Downtown, Brea Gateway, Brea Marketplace, and the Brea Mall. Furthermore, 111 South Flower Street benefits from its proximity, within 2.50 miles, to California State University Fullerton (CSUF), a major economic and housing driver for the area. Th property offers convenient access to Imperial Highway and State Route 57, connecting residents to regional employment hubs throughout Southern California. Given its optimal Brea location, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of area amenities. This overall demand for well-located apartments will be a key driver in the continued success at 111 South Flower Street.

  • Property TypeMulti-Family
  • NeighborhoodOther (Othr)
  • CountyOrange
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site14 Days
  • MLS StatusActive Under Contract
  • MLS ID NumberOC24096565
  • Home Size Source N/A
  • Year Built1980
  • Lot Size0.49 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 31
  • Sewer Public Sewer
  • Number of Stories 22
  • Acreage 0.49
  • Water Public
  • Property Sub Type Apartment
  • Garage Spaces 16
  • Listing Conditions Standard

Interior Features

  • Laundry Features Community

Exterior Features

  • Pool Features None
  • Lot Level with Street

Community Features

  • Association Dues 0
  • Community Features CurbsGuttersSidewalks
  • Senior Community No
  • MLS Area 86 - Brea

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Monthly Payment (Est.)

$35,709
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