
Brea, California 92821
This property represents a High-Potential Investment Opportunity, listed at $799,000—positioned well below the $912,616 Fair Market Value by 12%. This valuation gap offers $113,616 in Instant Equity. Featuring a permitted studio unit with a private kitchen, this home is ideal for house-hacking or multi-generational living. While the Condition Rating of 4 indicates dated interiors, the recent flooring and paint provide a solid foundation. Located in the Brea-Olinda Unified district, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking value.
Property is moderate renovation needed.
Built in 1979, the property has received recent cosmetic updates including fresh paint and new vinyl flooring. However, the kitchen and bathrooms remain dated with original-style dark wood cabinetry and older fixtures. While move-in ready, the core systems and aesthetic are over 20 years old, requiring modernization to meet current standards.
The property includes a rare, permitted 364 sq. ft. studio/mother-in-law suite with a separate entrance and private kitchen, offering excellent potential for rental income or multi-generational living.
The home features fresh interior paint and new vinyl flooring throughout, providing a modern, move-in-ready aesthetic for prospective buyers.
Residents enjoy access to extensive HOA facilities including an Olympic-sized pool, tennis courts, and rare optional RV parking, complemented by stunning city light views from the private balcony.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The monthly association fee of $532 is relatively high, which may increase the total cost of ownership and impact the debt-to-income ratio for some buyers.
Built in 1979, the property and its underlying systems may require more ongoing maintenance compared to newer condominium developments in the Brea area.
Great opportunity and value on an amazing property! Freshly painted and New vinyl flooring throughout. Featuring 3 bedrooms & 2 Bathrooms plus a permitted Studio / Mother-In-Law Quarters unit. This extra unit has a separate entrance to it (below the garage) of apx 364 sq feet, also has a 3/4 bathroom, and a private kitchen (which is permitted) and also is a rare gem in this complex (Can be used as a Studio Unit, or mother-in-law quarters). Large main kitchen with lots of windows allowing natural light. Open living and dining room areas are perfect for entertaining, and the living room has a nice cozy fireplace as well! Private balcony has an amazing one-of-a-kind view of the city and more! The 2-car garage is huge and perfect for extra storage. HOA community amenities include an Olympic-sized pool, spa, tennis courts, and optional RV parking! Located near plenty of shopping malls, freeways, top-rated schools, and more!
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 1.7 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.6 |
| Baths | 3.0 | 2.1 |
| Square foot | 1,901 | 1,384.875 |
| Lot Size | 2,369 | 84,827.938 |
| Price | $799.0K | $842.8K |
| Price per sq ft | $420 | $575 |
| Built year | 1979 | 1997 |
| HOA | $532.0 | $355 |
| Days on market | 35 | 45 |
Aug 5, 2026
$799,000
Initial Listing