StatusAccepting Backup Offers (Active Under Contract)
About 111 S Flower Ave
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 Details
Property Features
Property Information:
Year Built: 1980
Stories: 2
Listing Office:
Office Name: Marcus & Millichap RE Invest
Office Phone: (714) 713-9086
Listing Agent: Tyler Leeson
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 16 spaces
Lot Features
Lot Information:
Lot Size: 0.49 Acres
School Info
Assigned Schools Information:
Brea-Olinda High School, Public District Grades 9-12
Brea Junior High School, Public District Grades 7-8
Laurel Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: Cross Streets of South Flower Avenue & East Birch Street
Price Information
Listing Price Info
Price Summary:
List Price: $6,750,000
Tax Information:
Annual Amount: $22,495
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
This property is $5.7M more than the Median Sold Price in Brea, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #OC24096565
Listing Office:
Office Name: Marcus & Millichap RE Invest
Office Phone: (714) 713-9086
Listing Agent: Tyler Leeson
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 6/1/2024, 4:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 26, 2021
Apr 26, 2021Home Sold
$4,600,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$22,495
$1,689,760
2020
$22,328
$1,672,434
2019
$21,486
$1,639,642
2018
$21,486
$1,607,493
2017
$21,100
$1,575,974
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Laurel Elementary School
200 S Flower Ave
Distance between this listing and this school0.17 miles
Public District Grades KG-6
Middle School
7
/10
Brea Junior High School
400 N Brea Blvd
Distance between this listing and this school0.50 miles
Public District Grades 7-8
High School
8
/10
Brea-Olinda High School
789 Wildcat Way
Distance between this listing and this school1.56 miles
Public District Grades 9-12
Assigned Schools
6
/10
Laurel Elementary School
200 S Flower Ave
Distance between this listing and this school0.17 miles
Public District Grades KG-6
Nearby Schools
5
/10
Arovista Elementary School
900 Eadington Dr
Distance between this listing and this school0.90 miles
Public District Grades KG-6
8
/10
William E. Fanning Elementary School
650 Apricot Ave
Distance between this listing and this school0.97 miles
Public District Grades KG-6
Assigned Schools
7
/10
Brea Junior High School
400 N Brea Blvd
Distance between this listing and this school0.50 miles
Public District Grades 7-8
Nearby Schools
8
/10
Beechwood Elementary School
780 Beechwood Ave
Distance between this listing and this school1.60 miles
Public District Grades KG-8
6
/10
Col. J. K. Tuffree Middle School
2151 N Kraemer Blvd
Distance between this listing and this school2.16 miles
Public District Grades 7-8
Assigned Schools
8
/10
Brea-Olinda High School
789 Wildcat Way
Distance between this listing and this school1.56 miles
Public District Grades 9-12
Nearby Schools
3
/10
Brea Canyon High (Continuation)
689 Wildcat Way
Distance between this listing and this school1.63 miles
Public District Grades 9-12
8
/10
Sonora High School
401 S Palm St
Distance between this listing and this school1.76 miles
The neighbors living near this home have an average income of $58,673. The majority of Brea, CA residents have income less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 111 S Flower Ave
What is the listing price of this property?
The listing price of 111 S Flower Ave property is $6,750,000.
What type of property is this?
The property 111 S Flower Ave is a condo located in Brea, California, 92821.
Is this property for sale now?
Accepting Backup Offers: 111 S Flower Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 111 S Flower Ave are: Laurel Elementary School: GreatSchools Rating 6/10Brea Junior High School: GreatSchools Rating 7/10Brea-Olinda High School: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $22,495 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 26, 2021 for $4,600,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 111 S Flower Ave is 1980.
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This home is located at 111 S Flower Ave in Brea, CA and zip code 92821. This home, which was built in 1980, sits on a 0.49 acre lot. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $6,750,000.
In April 2024, from all listings sold in Brea, CA there were more than 19 sold above asking price, over 6 sold below and more than 2 were sold right at the asked price. In April 2024, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $1,040,000.
From Rocket Homes Real Estate and based on county public records data.