Listing Agent: Paul Purunjian      Broker/Office: Purunjian Inc.
504 3rd E La Habra CA 90631
$ 700,000
  2   |    1   |    618 Sq Feet

Listing ID

#PW26240681

Status

Active

Property Type

Single Family Residence

County

Orange

Neighborhood

UNKNOWN

Year Built

1921

Days on website

2

Description
Ready-to-issue (RTI) four-unit project on a corner lot in Orange County at 504 E. 3rd Avenue in La Habra! The approximately 5,640-square-foot lot currently features a two-bedroom, one-bathroom single-family residence with approximately 618 square feet, built in 1921. The current property is livable and financeable. The planned build offers 3,348 square feet of residential living space, including a 1,248-square-foot main residence, an attached 500-square-foot ADU, an 800-square-foot ground-floor ADU, and an 800-square-foot SB 9 residence above, for a total of 4 units. Projected gross rental income upon completion is approximately $11,000 per month ($132,000 annually). An opportunity for investors and builders to acquire a project with the planning and design work in place and build a rental income property. Plans call for demolition of the existing residence under a separate permit. Plans available for review.
Location
Financial Information
List Price:  $ 700000
Property Features
Community Features:  Sidewalks, Suburban
High School District:  Fullerton Joint Union High
Levels:  Two
Senior Community YN:  false
Structure Type:  House
View:  Hills
Water Source:  Public
High School District:  Fullerton Joint Union High
Senior Community YN:  false
MLS Area Major:  87 - La Habra
City:  La Habra
Listed By:   Paul Purunjian   Purunjian Inc. 
CA Lic#