311 N Idaho Street, La Habra, California, 90631
$4,150,000
Other
311 Apartment Homes (the “Propertyâ€) 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.
Sewer: Public Sewer
Water Source: Public
Uncovered Spaces: 12.00
# of Parking Spaces: 12.00
Lot Features: 21-25 Units/Acre
Number Of Buildings: 2
Parcel Identification Number: 01808722
Cooling: Has Cooling
Heating: Has Heating
Heating Type: Central
Cooling Type: Central Air
Architectural Style : Bungalow
Year Built Source: Assessor
Fireplace Features : None
Common Walls: 2+ Common Walls
Appliances: Dishwasher,Freezer,Gas Oven,Gas Range,Microwave,Refrigerator
Laundry Features: Dryer Included,Washer Included
Laundry: Has Laundry
MLSAreaMajor: 699 - Not Defined
Street Address: 311 N Idaho Street
City: La Habra
State: California
Postal Code: 90631
County: Orange
MLS Number: OC24237674
Year Built: 1955
Courtesy of Kirklen Investment Group
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