311 Apartment Homes (the “Property”) is located at 311 North Idaho Street in La Habra, CA. The Property consist of 9 low density garden style units in two single story buildings. The asset features an excellent unit mix consisting of seven (7) 1 bedroom / 1 bathroom units and two (2) newly constructed 3 bedroom / 2 bathroom units on a spacious 23,724 square foot parcel. The property includes 12 assigned parking spaces, is separately metered for gas and electric, and residents enjoy large private yards. 311 Apartment Homes has recently undergone a comprehensive renovation program with over $1.1 million invested into upgrading the property. As such, residents are provided a high quality living experience and a new owner will enjoy a truly turn-key investment property. Property improvements completed include, but are not limited to, complete unit interior renovation to all units (addition of in-suite laundry, plank vinyl flooring, new cabinets, quartz countertops, new bathtub and shower surrounds, new electrical subpanels, upgraded lighting package, fresh paint, central AC and heat, stainless steel appliances and modern finishes), new windows, new unit entry doors, new fencing, complete landscaping replacement, concrete replacement & repair, roof repair, stucco repair & exterior paint, asphalt repair / replacement and new exterior lighting. 311 Apartment Homes is conveniently located between two large shopping centers, La Habra Gateway and La Habra Marketplace, both of which provide a variety of dining, shopping and entertainment opportunities. The Property is located near Beach Boulevard and Imperial Highway , making for a easy commute to the greater Orange County and Los Angeles County metros. Given the scope of the renovations, the current rents being achieved, and the ancillary income produced, this is an amazing turnkey, stabilized multifamily asset in a strong performing market.
Ideal property for an owner looking for a more passive investment than your normal four-plex. This building is part of the Valencia Park Association and the HOA dues include onsite management as well as other management services. HOA dues also cover exterior maintenance, Landscaping, Community pool. Nice unit mix with all 2 Bedroom and 1.75 baths. Separate meters for both electric and gas. Updated Electrical panels and buildings will be painted within the next 6 months by the HOA. Located in a high demand area of La Habra that is close to schools, shopping and transportation.
Wonderful opportunity: Don’t miss this - 2 yes TWO, permitted, separate single family homes with separate fenced yards. Perfect property for great price of only $425,000 per home. Front home, built in 1955, is a 2 bedroom, 1 bath with a driveway and a single car garage. Back house is a 2 bedroom 1 bath, built in 1922, with driveway, parking, and alley access. Good location near schools, shopping, transit, and city center. Use for multi- generation family. Or Live in one and generate income from the second home. Or continue as a nice rental investment.
Newer built duplex on a R-7 lot. Each unit has 2 bedrooms, 1.5 bathroom, and approximately 1,130 square feet of living space. The first unit comes with a 2 car attached garage with direct access. The second unit has 3 parking spaces, large fenced yard and wall AC. The units are mirror images each having a living room, kitchen, with laundry (washer and dryer hookups) and 1/2 bath on the ground level with 2 large bedrooms upstairs with a full bathroom. The area has been rezoned and this lot has been zoned as R-7. The units have dual pane windows. The area is close in proximity to schools, shopping and transportation.
La Habra is located in California. La Habra, California has a population of 63,287. La Habra is less family-centric than the surrounding county with 34.61% of the households containing married families with children. The county average for households married with children is 34.78%.
The median household income in La Habra, California is $88,002. The median household income for the surrounding county is $100,485 compared to the national median of $69,021. The median age of people living in La Habra is 36.8 years.
The average high temperature in July is 85.3 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 14.3 inches per year, with 0 inches of snow per year.
