$1,470,000
$1,450,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
7,100 Sqft Lot
SOLD DATE : 08/16/2023
Key Details
Sold Price $1,470,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC23116496
Sold Date 08/16/23
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1963
Lot Size 7,100 Sqft
Property Description
"Welcome to this marvelous bread and butter fourplex nestled in the heart of North Orange County. With its exceptional condition and pride of ownership, this property stands out as a true gem. Situated within an interior housing tract, these sought-after apartments offer a desirable living option. Located at 1240 Burwood St, La Habra, near the intersection of Euclid and Imperial Hwy, this residence boasts well-landscaped yards enhanced with majestic palm trees, creating a delightful place to call home. Enjoy the convenience of being close to schools, major shopping malls, universities, and everything needed for an excellent quality of life. Each unit features 2 spacious bedrooms and 2 full baths, while the property itself is meticulously maintained by long-time landlords, resulting in long-term tenants. Ample parking is available, including 4 covered enclosed garages and spaces for approximately 4 additional cars. Additionally, tenants are responsible for all utilities except water and trash. This property presents an outstanding investment opportunity, with conventional owner-occupied financing options available." Great add value market opportunity with creative possibilities and wonderful OC Cap Rate.
Location
State CA
County Orange
Area 87 - La Habra
Interior
Interior Features Multiple Staircases
Heating Forced Air
Cooling None
Flooring Carpet
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 4.0
Carport Spaces 4
Garage Description 4.0
Pool None
Community Features Curbs, Suburban
Utilities Available Electricity Connected, Sewer Connected
View Y/N No
View None
Total Parking Spaces 8
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 29249427
Acceptable Financing Contract, 1031 Exchange, Submit
Listing Terms Contract, 1031 Exchange, Submit
Financing Contract
Special Listing Condition Standard, Trust
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Bought with Jenny Indrawes • CEO Home Corp.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "