1301 Burwood Street, La Habra, CA 90631

$1,550,000

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Sold Price
$1,550,000
List Price
$1,550,000
Closing Date
Dec 05, 2023
Status
CLOSED
MLS#
CV23177846
Year Built
1964
Lot Size
7,405
Acres
0.17
Lot Location
Rectangular Lot
Days on Market
11
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels
Neighborhood
Other

Property Description

We are pleased to exclusively present the opportunity to acquire 1301 Burwood Street in the city of La Habra, California. Constructed in 1964, the 4-unit multifamily investment property sits on rectangular 0.16 acres (7,204 square feet) parcel with a building area of 3,756 square feet. The property consists of four two-bedroom/two-bathroom floor plans with approximately 939 square feet per unit. The two-story property features four single-car garages, two open parking spaces, on-site laundry facility, awning area with BBQ grill, and secured entrances. Each unit offers wall-unit air conditioning and there is a central hot water heater. All units are individually metered for gas and electricity. The property is centrally located close to major highways and freeways including the 90 Imperial Highway, Santa Ana Freeway, and Highway 57, making it easy to access neighboring cities and attractions. With a very walkable score of 71, the neighborhood offers a variety of shopping centers within walking distance of the property, such as Target, T.J. Maxx, Walmart Supercenter, Amazon Fresh, Sam’s Club, and the Imperial Promenade. Most of which are located 1.5 mile west of the property, at the signalized intersection of Imperial Highway and Beach Boulevard that have an annual average daily traffic count of over 90,000. Additionally, the city is well-served by both the Fullerton Joint Union High School District and the La Habra City School District, providing a wide range of educational institution options within two-mile radius of the property. For outdoor recreational activities, the property is surrounded by well-maintained parks and golf courses including Laguna Lake Park, La Bonita Park, Westridge Golf Club, and Fullerton Golf Course. Located in the northwest corner of Orange County, the city of La Habra is known for its pleasant suburban atmosphere, diverse community, and convenient access to various amenities and attractions. The city takes pride in its historical landmark, Boulevard of Bells, the bells and plaque at the corner of La Habra Boulevard and Euclid Street marks “La Habra’s Birthplace”. La Habra also hosts various cultural festivals throughout the year, including its annual world-famous Corn Festival that attracts thousands of visitors with live entertainment, carnival rides, and delicious food. CALL or EMAIL for Offering Memorandum

Additional Information

Pool Description
None
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$88,092
Operating Expense
30794

Listing courtesy of Listing Agent: Douglas McCauley (doug.mccauley@marcusmillichap.com) from Listing Office: MARCUS & MILLICHAP.

Listing sold by Manny Stellino from Surterre Properties Inc.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.