1240 Burwood Street, La Habra, CA 90631
- $1,470,000
- Sold Price
- $1,470,000
- List Price
- $1,450,000
- Closing Date
- Aug 16, 2023
- Status
- CLOSED
- MLS#
- OC23116496
- Year Built
- 1963
- Lot Size
- 7,100
- Acres
- 0.16
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 12
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
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.
/u.realgeeks.media/jeremysifuentes/header.png)
Additional Information
- Pool Description
- None
- Heat
- Forced Air
- Cooling Description
- None
- View
- None
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Multiple Staircases
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $79,680
- Operating Expense
- 6000
Listing courtesy of Listing Agent: Mike Meyers (mike.4re@gmail.com) from Listing Office: Coldwell Banker Realty.
Listing sold by Jenny Indrawes from CEO Home Corp.
Mortgage Calculator
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.