Brea real estate varies from the million dollar homes in the north hills bordering the State Park to the urban lifestyle of Downtown Brea condos and lofts. With a population of nearly 40,000 residents, Brea is situated within the boundaries of Orange County. The community first began as a center for the production of crude oil. It later transformed into vast citrus groves and is now known mainly for its residential community and huge Brea Mall. Many of the homes for sale in Brea are still surrounded by visible oil rigs which adds to the character of Brea real estate.
It was in the area of Brea Canyon, in 1769, that Gaspar de Portola visited, making the first notation that the local Native Americans appeared to look dirty. He was unaware that the natives used the naturally bubbling crude oil in the canyon as a topical remedy for their illnesses. By the 19th century many distant entrepreneurs came to the Brea area in search of that crude oil (black gold). Soon many oil workers were brought to work the oil fields.
By 1911, the area took the name Brea (the Spanish word for tar). In 1917, with a little over 700 residents, the little town was incorporated and became Orange County’s eighth city. Soon however, the production of oil declined, which gave rise to the agricultural development and the planting of orange and lemon groves.
By the middle of the 1950s, after nearly 4 decades of growing citrus in the area, Brea real estate development and industrial parks transformed the area into what it is today. Brea’s footprint covers 12.1 square-miles. It is bordered by both Los Angeles and Orange County on its east and north side, along with La Habra, Fullerton, Yorba Linda and Placentia.
Brea has a strong economy which is a supporting factor for the Brea real estate market. Its major employers include the Bank of America, Mercury Insurance Group, and Beckman Coulter. These three top employers supply more than 5800 jobs to the local community.
The educational school system in the area is operated by Brea Olinda Unified School District that supports one high school, one junior high school, and six elementary schools. Both the Olinda Elementary School and the Brea Olinda High School have won several awards including being named Blue Ribbon Schools. The school district is a major factor for attracting home buyers to purchase Brea real estate.