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+15628247399
Meridian Real Estate & Investments
504 E 3rd, La Habra, CA 90631
- $700,000
- List Price
- $700,000
- Status
- ACTIVE
- MLS#
- PW26240698
- Lot Size
- 5,640
- Acres
- 0.13
- Lot Location
- Corner Lot
- Days on Market
- 1
- Property Type
- Land
- Neighborhood
- Unknown
Property 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.
Additional Information
- View
- Hills
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Paul Purunjian (yes@paulandtiffany.com) from Listing Office: Purunjian Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.