"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.
Sold for $1,470,000 on 08/16/23
Listing Provided by:
Mike Meyers DRE #01188641 714-394-7878,
Coldwell Banker Realty
Bought with: CEO Home Corp.
$1,470,000
1240 Burwood St, La Habra, CA 90631
8beds
8baths
3,694sqft
Quadruplex
Built in 1963
-- sqft lot
$-- Zestimate®
$398/sqft
$3,289 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 16, 2023 at 05:53pm
Listing Provided by:
Mike Meyers DRE #01188641 714-394-7878,
Coldwell Banker Realty
Bought with:
Jenny Indrawes, DRE #01902949
CEO Home Corp.
Source: CRMLS,MLS#: OC23116496
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: Common Area
Features
- Multiple Staircases
- Flooring: Carpet
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,694
- Total interior livable area: 3,694 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage, Carport
- Garage spaces: 4
- Carport spaces: 4
- Covered spaces: 8
Features
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 7,100 sqft
- Features: 2-5 Units/Acre
Details
- Parcel number: 29249427
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Foundation: Slab
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1963
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected
Community & neighborhood
Community
- Community features: Curbs, Suburban
Location
- Region: La Habra
HOA & financial
Other financial information
- Total actual rent: 79680
Other
Other facts
- Listing terms: Contract,1031 Exchange,Submit