REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Chris Bowen

thechrisbowenrealtor@gmail.com +1(909) 362-4503

$3,200,000

Est. payment - /mo

0.35 Acres Lot

Save

UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26240328

HOA Y/N No

Year Built 1959

Lot Size 0.350 Acres

Property Sub-Type Apartment

Property Description

130 North Valley Home Avenue is a 12-unit multifamily investment property located in La Habra, California. Built in 1959, the property contains approximately 6,932 net rentable square feet on a 0.35-acre parcel and features a unit mix of 8 one-bed/one-bath and 4 two-bed/one-bath residences. Eight of the 12 units have been renovated, while the 4 remaining unrenovated units currently reflect the property's lowest rents, providing a clear opportunity for a new owner to continue the renovation program and capture additional rental upside. In addition, 10 units are expected to be eligible for rent increases beginning January 1, 2027, subject to applicable rent regulations and notice requirements, providing further near-term income growth potential. Current ownership has also completed a number of significant capital improvements, including a roof replacement in 2015, new electrical subpanels and PEX plumbing in 2021, as well as new dual-pane windows, exterior stucco and paint, and recoated walkways. These improvements, combined with the property's well-maintained condition, reduce the scope of near-term capital needs while providing a strong physical foundation for continued ownership. The buildings are arranged around a landscaped central courtyard and feature on-site laundry and ample parking. The property provides 19 parking spaces, consisting of 12 carport spaces, 6 surface spaces and 1 garage space, equating to more than 1.5 spaces per unit. The combination of completed capital improvements, renovated units, remaining rental upside and substantial parking positions 130 North Valley Home Avenue as a compelling multifamily investment in the La Habra market.

Location

State CA

County Orange

Area 87 - La Habra

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 1.0

Carport Spaces 12

Garage Description 1.0

Pool None

Community Features Curbs, Gutter(s), Street Lights, Sidewalks

Total Parking Spaces 19

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 01824216

Energy Description 2356.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Read Less Info

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Tyler Leeson Marcus & Millichap RE Invest tleeson@marcusmillichap.com, DRE #01451551

NEARBY SCHOOL & BUSINESS

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.

Payment

Schedule

Your mortgage payments over 30 years will add up to $0.

Get more info from a local expert!

Serving Southern California

Customized quick search tools to explore nearby zip codes, cities, and neighborhoods in your favorite destinations

There are 30 quick searches

Serving Arizona

Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations

130 N Valley Home AVE La Habra, CA 90631