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311 Apartment Homes (the “Property”) is located at 311 North Idaho Street in La Habra, CA. The Property consist of 9 low densitygarden style units in two single story buildings. The asset features an excellent unit mix consisting of seven (7) 1 bedroom / 1bathroom units and two (2) newly constructed 3 bedroom / 2 bathroom units on a spacious 23,724 square foot parcel. The propertyincludes 12 assigned parking spaces, is separately metered for gas and electric, and residents enjoy large private yards.311 Apartment Homes has recently undergone a comprehensive renovation program with over $1.1 million invested into upgradingthe property. As such, residents are provided a high quality living experience and a new owner will enjoy a truly turn-key investmentproperty.Property improvements completed include, but are not limited to, complete unit interior renovation to all units (addition of in-suitelaundry, plank vinyl flooring, new cabinets, quartz countertops, new bathtub and shower surrounds, new electrical subpanels,upgraded lighting package, fresh paint, central AC and heat, stainless steel appliances and modern finishes), new windows, newunit entry doors, new fencing, complete landscaping replacement, concrete replacement & repair, roof repair, stucco repair &exterior paint, asphalt repair / replacement and new exterior lighting.311 Apartment Homes is conveniently located between two large shopping centers, La Habra Gateway and La Habra Marketplace,both of which provide a variety of dining, shopping and entertainment opportunities. The Property is located near Beach Boulevardand Imperial Highway , making for a easy commute to the greater Orange County and Los Angeles County metros.Given the scope of the renovations, the current rents being achieved, and the ancillary income produced, this is an amazing turnkey,stabilized multifamily asset in a strong performing market.
Property Type(s):
Residential Income
| Last Updated | 11/20/2024 | Year Built | 1955 |
|---|---|---|---|
| Community | Not Defined | County | Orange |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Freezer, Gas Oven, Gas Range, Microwave, Refrigerator, Washer |
| AREA | Not Defined |
| GARAGE | Assigned |
| HEAT | Central |
| INTERIOR | Ceiling Fan(s), Quartz Counters, Recessed Lighting |
| LOT | 0.54 acre(s) |
| LOT DESCRIPTION | 21-25 Units/Acre |
| PARKING | Assigned |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Bungalow |
| WATER | Public |
Location
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Listed with Kirklen Investment Group
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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