8
See all 8 photos
$3,200,000
Est. payment /mo
3 Beds
2 Baths
0.35 Acres Lot
New
130 N Valley Home Avenue La Habra, CA 90631
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26240328
Bedrooms 3
Lot Size 0.350 Acres
Property Sub-Type Res Income 2-4 Units
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 propertys 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 propertys 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
Location
State CA
County Orange
Zoning Assessor
Direction Cross Streets of North Valley Home Avenue & West La Habra Boulevard
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 01824216
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Tyler Leeson, DRE#01451551 Marcus & Millichap RE Invest
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