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Key Details
Sold Price $1,470,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC23116496
Sold Date 08/16/23
HOA Y/N No
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.
"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 Oc - La Habra (90631)
Zoning Assessor
Interior
Appliance Forced Air Unit
Building
Lot Description Curbs
Story 2
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $83
Acceptable Financing Exchange, Land Contract
Listing Terms Exchange, Land Contract
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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! "