This is a well-kept and easy to own and manage triplex property located in the wonderful city of La Habra. This is a great starter investment Property where all three units are currently occupied by great tenants who always pay their rent in time or may be a great Property for an owner to live in one unit and collect rent from the other two units (subject to California AB 1482 no fault just causes reasons). The lot size is an expansive 0.26 acres with plenty of green yard space and trees. This is simply a wonderful place to live and call home. All three homes are 2 beds-2 baths and are all good sizes (totaling approximately 1,000 sq ft each) with separate laundry rooms, central air, forced air heating, and separate water heaters. There are 3 automatic garages and plenty of other onsite parking spaces including Unit C's carport. Two of the three garage opener machines have been recently replaced with new ones in 2023 and the entire HVAC unit for Apt. B was replaced with a brand new unit in 2021. Carpets have been replaced with laminate flooring in some of the units. The property is located in a desirable area of La Habra close to Costco, shopping, restaurants, schools and other amenities. Convenient access to Beach Blvd. and all the amenities that Beach Blvd. provides. All three units are currently occupied on a month to month rental but are subject to California AB 1482. Total monthly rent is $6,777.18. There may be a possibility to build an ADU in the garage spaces (subject to any tenant’s rights under his/her lease) and generate even more rental income to help you pay for your mortgage payments. Buyer to do its own due diligence in regards to the ADU, tenants’ leases and in regards to California AB 1482 and Seller makes no representations or warranties in regards to same. Furthermore, Buyer is responsible for independently verifying the accuracy of all information regarding the Property including but not limited to building and lot size, bedroom/bathroom counts, zoning, building permits/licensing, etc. Seller is a California licensed real estate broker. Property is sold in its "As-Is" condition.
Sold for $1,350,000 on 05/22/23
Listing Provided by:
Kevin Kim DRE #01845504 562-644-2833,
Real Broker
Bought with: Henry Steven Camacho
$1,350,000
550 Ridgeway Ln, La Habra, CA 90631
6beds
6baths
3,013sqft
Triplex
Built in 1962
-- sqft lot
$-- Zestimate®
$448/sqft
$4,934 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 23, 2023 at 10:16am
Listing Provided by:
Kevin Kim DRE #01845504 562-644-2833,
Real Broker
Bought with:
Henry Camacho, DRE #01072434
Henry Steven Camacho
Source: CRMLS,MLS#: PW23049943
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Inside
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 3,013
- Total interior livable area: 3,013 sqft
Property
Parking
- Total spaces: 3
- Parking features: Door-Single, Driveway, Garage, On Street
- Garage spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 0.26 Acres
- Features: 0-1 Unit/Acre
Details
- Parcel number: 01804124
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Storm Drain(s), Street Lights, Sidewalks
Location
- Region: La Habra
- Subdivision: ,Other
Other
Other facts
- Listing terms: Cash,Cash to New Loan,1031 Exchange