Skip main navigation
Sold for $6,675,000 on 09/24/24
  • Listing Provided by: 

    Tyler Leeson DRE #01451551 714-713-9086,

    Marcus & Millichap RE Invest

    Bought with: T.N.G. Real Estate Consultants
    $6,675,000

    111 S Flower Ave, Brea, CA 92821

    21beds
    26baths
    12,246sqft
    Multi Family
    Built in 1980
    -- sqft lot
    $-- Zestimate®
    $545/sqft
    $2,774 Estimated rent

    Owner options

    List your home for rent

    $2,774/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,774/mo

    Rent Zestimate®

    Refinance and save

    $41,199/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $41,199/mo

    Est. payment

    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: December 04, 2024 at 06:35pm

    Listing Provided by:

    Tyler Leeson DRE #01451551 714-713-9086,

    Marcus & Millichap RE Invest

    Bought with:

    Kendyl Herman, DRE #01934366

    T.N.G. Real Estate Consultants

    Source: CRMLS,MLS#: OC24096565MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 21
    • Bathrooms: 26
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 12,246
    • Total interior livable area: 12,246 sqft

    Property

    Parking
    • Total spaces: 31
    • Parking features: Garage
    • Garage spaces: 16
    • Uncovered spaces: 15
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: First level
    • Pool features: None
    Lot
    • Size: 0.49 Acres
    • Features: Street Level
    Details
    • Parcel number: 31928324
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Gutter(s), Sidewalks
    Location
    • Region: Brea
    • Subdivision: Town Brea Tract

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,1031 Exchange