Contact Xavier Gomez
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311 Idaho Street, La Habra, CA 90631
Priced at Only: $4,316,000
For more Information Call
Mobile: 714.478.6676
Address: 311 Idaho Street, La Habra, CA 90631
Property Photos
Property Location and Similar Properties
- MLS#: OC24237674 ( Apartment )
- Street Address: 311 Idaho Street
- Viewed: 7
- Price: $4,316,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1955
- Bldg sqft: 0
- Days On Market: 37
- Additional Information
- County: ORANGE
- City: La Habra
- Zipcode: 90631
- Provided by: Kirklen Investment Group
- Contact: Jason Jason
- DMCA Notice
-
Description311 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.
Features
Appliances
- Dishwasher
- Freezer
- Gas Oven
- Gas Range
- Microwave
- Refrigerator
Architectural Style
- Bungalow
Building Area Total
- 7160.00
Commoninterest
- Community Apartment
Common Walls
- 2+ Common Walls
Cooling
- Central Air
Country
- US
Days On Market
- 27
Electric Expense
- 200.00
Entry Location
- Front
Fireplace Features
- None
Fuel Expense
- 0.00
Garage Spaces
- 0.00
Gardner Expense
- 2160.00
Heating
- Central
Insurance Expense
- 7160.00
Interior Features
- Ceiling Fan(s)
- Quartz Counters
- Recessed Lighting
Laundry Features
- Dryer Included
- Washer Included
Lot Features
- 21-25 Units/Acre
Netoperatingincome
- 183730.00
Newtaxesexpense
- 48695.00
Otherincome1
- 3177.00
Otherincome2
- 8828.00
Otherincomedescription
- Other income and RUBS
Parcel Number
- 01808722
Parking Features
- Assigned
Pest Control Expense
- 1827.00
Pool Features
- None
Professionalmanagementexpense
- 12106.00
Property Type
- Apartment
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 427642438:CRM
Tenant Pays
- Electricity
- Gas
Totalexpenses
- 88266.00
Trash Expense
- 6200.00
Uncovered Spaces
- 12.00
Water Sewer Expense
- 2584.00
Water Source
- Public
Year Built
- 1955
Year Built Source
- Assessor
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com