La Habra, CA 90631,550 Ridgeway Lane
La Habra, CA 90631,550 Ridgeway Lane
La Habra, CA 90631,550 Ridgeway Lane
$1,350,000
Est. payment /mo
$1,250,000
8.0%
Est.Price: ?

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6 Beds
6 Baths
0.26 Acres Lot
SOLD DATE : 05/22/2023

Key Details

Sold Price $1,350,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW23049943

Sold Date 05/22/23

Bedrooms 6

HOA Y/N No

Lot Size 0.260 Acres

Property Description

This is a well-kept and easy to own and manage triplex property located in the wonderful city of La Habra. This is a great starter investment Property where all three units are currently occupied by great tenants who always pay their rent in time or may be a great Property for an owner to live in one unit and collect rent from the other two units (subject to California AB 1482 no fault just causes reasons). The lot size is an expansive 0.26 acres with plenty of green yard space and trees. This is simply a wonderful place to live and call home. All three homes are 2 beds-2 baths and are all good sizes (totaling approximately 1,000 sq ft each) with separate laundry rooms, central air, forced air heating, and separate water heaters. There are 3 automatic garages and plenty of other onsite parking spaces including Unit C's carport. Two of the three garage opener machines have been recently replaced with new ones in 2023 and the entire HVAC unit for Apt. B was replaced with a brand new unit in 2021. Carpets have been replaced with laminate flooring in some of the units. The property is located in a desirable area of La Habra close to Costco, shopping, restaurants, schools and other amenities. Convenient access to Beach Blvd. and all the amenities that Beach Blvd. provides. All three units are currently occupied on a month to month rental but are subject to California AB 1482. Total monthly rent is $6,777.18. There may be a possibility to build an ADU in the garage spaces (subject to any tenants rights under his/her lease) and generate even more rental income to help you pay for
This is a well-kept and easy to own and manage triplex property located in the wonderful city of La Habra. This is a great starter investment Property where all three units are currently occupied by great tenants who always pay their rent in time or may be a great Property for an owner to live in one unit and collect rent from the other two units (subject to California AB 1482 no fault just causes reasons). The lot size is an expansive 0.26 acres with plenty of green yard space and trees. This is simply a wonderful place to live and call home. All three homes are 2 beds-2 baths and are all good sizes (totaling approximately 1,000 sq ft each) with separate laundry rooms, central air, forced air heating, and separate water heaters. There are 3 automatic garages and plenty of other onsite parking spaces including Unit C's carport. Two of the three garage opener machines have been recently replaced with new ones in 2023 and the entire HVAC unit for Apt. B was replaced with a brand new unit in 2021. Carpets have been replaced with laminate flooring in some of the units. The property is located in a desirable area of La Habra close to Costco, shopping, restaurants, schools and other amenities. Convenient access to Beach Blvd. and all the amenities that Beach Blvd. provides. All three units are currently occupied on a month to month rental but are subject to California AB 1482. Total monthly rent is $6,777.18. There may be a possibility to build an ADU in the garage spaces (subject to any tenants rights under his/her lease) and generate even more rental income to help you pay for your mortgage payments. Buyer to do its own due diligence in regards to the ADU, tenants leases and in regards to California AB 1482 and Seller makes no representations or warranties in regards to same. Furthermore, Buyer is responsible for independently verifying the accuracy of all information regarding the Property including but not limited to building and lot size, bedroom/bathroom counts, zoning, building permits/licensing, etc. Seller is a California licensed real estate broker. Property is sold in its "As-Is" condition.

Location

State CA

County Orange

Area Oc - La Habra (90631)

Zoning Public Rec

Interior

Cooling Central Forced Air

Exterior

Roof Type Composition

Building

Lot Description Curbs, Sidewalks

Story 1

Level or Stories 1 Story

Others

Monthly Total Fees $63

Acceptable Financing Cash, Exchange

Space Rent $2,205

Listing Terms Cash, Exchange

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San Diego Regional MLS (SDMLS)
Listed by Kevin Kim • Real Brokerage Technologies
Bought with Henry Camacho • Henry Steven Camacho
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