Discover this Exceptional Opportunity to own an 11-unit income property in the strong rental market of La Habra, Welcome to 275 -299 S. Monte Vista St. This unique offering consists of 3 separate buildings situated on 3 individual parcels, to be sold all together. This provides the future owner with flexibility and long-term strategic value. The property has been well maintained inside & out, and is perfectly set up with 6 single-level 2 bed/1 bath units- each with a private single-car garage. Then additionally, on the third parcel, a newer building, there are 5 two-story 3 bed/2 bath units- each with attached two-car garage. This property also promotes Tenant Desirability as it has Private Laundry Hookups Inside Each Unit, and is individually metered for gas, electric, and water. In addition to the private garages, there are 16 additional on-site parking spaces. There is also direct access to and use of a park area on the property. This investment features Strong Upside Potential as it is currently rented with long term tenants. The separately metered utilities reduce owner operating costs. The fact that these units sit on 3 separate parcels add flexibility for future repositioning, refinancing, or potential exit strategies. This is a rare opportunity to acquire a well-located, low-density, family-style apartment community with significant value-add potential in a desirable rental atmosphere. Don't Miss It, Call Us for More Info Today!
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Listing Snapshot
Price
$4,100,000
Days On Site
1 Day
Bedrooms
N/A
Inside Area (SqFt)
12,640 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.7979 Acres
Year Built
1994
MLS® Number
TR26046764
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
yesterday
Listing first seen on site
yesterday
Listing updated with changes from the MLS®
General Features
Acres
0.7979
Garage
Yes
Garage Spaces
16
Land Lease
No
Number Of Stories
1
Parking
GarageOn Site
Parking Spaces
34
Property Sub Type
Apartment
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
12640
Water Source
Public
Interior Features
Cooling
Central AirWall/Window Unit(s)
Laundry Features
Inside
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Exterior Features
Fencing
Block
Pool Features
None
Community Features
Building Access
ground
Community Features
CurbsStreet Lights
MLS Area
87 - La Habra
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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