311 N Idaho Street, La Habra, CA 90631 - MLS#OC24237674

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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$4,150,000

Est. payment - /mo

4 Beds

3 Baths

0.54 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24237674

Bedrooms 4

HOA Y/N No

Lot Size 0.545 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

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
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.

Location

State CA

County Orange

Area Oc - La Habra (90631)

Zoning Assessor

Interior

Cooling Central Forced Air

Exterior

Parking Features Unit1:Assigned

Building

Lot Description Curbs, Sidewalks

Story 1

Others

Monthly Total Fees $150

Acceptable Financing Cash, Exchange

Space Rent $2,274

Listing Terms Cash, Exchange

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Listed by Jason Kirklen • Kirklen Investment Group

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

311 N Idaho Street La Habra, CA 90631

Arash Rokni

Key Details

Location

Interior

Exterior

Building

Others

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