NOT LISTED FOR SALE

100 E Montwood Ave La Habra, CA 90631

18 Beds
10 Baths
11,307 Sq Ft
0.39 Acres

Last Sold September 24, 2020

Last sale price $2,850,000 $252 Per Sq Ft

Highlights

  • All Bedrooms Downstairs
  • 0.39 Acre Lot
  • Property is near a park
  • Sonora High School Rated A
  • Fireplace in Kitchen
  • 2-minute walk to Montwood Park

About This Home

As of September 2020

Professionally managed, pride of ownership 15-unit investment property. This building is a perfect investment. Located in a nice area of La Habra, near a park, and single-family homes. Easy access to freeways, schools, churches, and shopping.
All 15 units are fully rented with many being long term tenants as there is rarely a vacancy. On-site manager oversees the units which are in excellent condition. It is professionally managed by a separate company who takes care of all the finances. All carports are under the second floor and are assigned to each tenant. The Courtyard is maintained in excellent condition and each tenant has access to this lovely area.
There are 5, 1 Br. units down and 10, 2 Br. units up. Sq. ft of each units, the 1 Br's have 520 Sq. Ft. & the 2 Br's have 795 Sq. Ft.
There is a separate laundry room, which is coin operated and is managed by an outside vendor

Last Agent to Sell the Property

Jean Marsh

Nautilus Properties, Inc. License #00458060 Listed on: 08/10/2020

Last Buyer's Agent

Jean Marsh

Nautilus Properties, Inc. License #00458060 Listed on: 08/10/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.39 Acre Lot
  • No Common Walls
  • Landscaped
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Density is 11-15 Units/Acre

Home Design

  • Turnkey
  • Slab Foundation

Interior Spaces

  • 11,307 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Gas Fireplace
  • Window Screens
  • Living Room with Fireplace
  • Carpet
  • Fireplace in Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 18 Bedrooms
  • All Bedrooms Down
  • 10 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 15 Parking Spaces
  • 15 Carport Spaces

Outdoor Features

  • Fireplace in Patio

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Sewer on Bond

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 29
  • Tax Tract Number 3768
  • Assessor Parcel Number 29248201

Community Details

Overview

  • No Home Owners Association
  • 15 Units

Building Details

  • 15 Leased Units
  • 15 Separate Electric Meters
  • 15 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $14,988
  • Professional Management Expense $22,378
  • New Taxes Expense $28,500
  • Operating Expense $115,859
  • Gross Income $200,076
  • Net Operating Income $84,217

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • CapRate: 3.00
  • Other Phone Description: 714-7465855
  • Professional Management Expense: 22378.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Resident Manager, Smoke Detector(s)
  • View: No
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 29248201
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Fireplace Features: Kitchen, Living Room, Patio, Electric, Gas
  • Levels: Two
  • Price Per Square Foot: 252.06
  • Room Type: All Bedrooms Down
  • Window Features: Screens

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 15.00
  • Total Parking Spaces: 15.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Sewer On Bond
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre, Corner Lot, Landscaped, Level with Street, Lot 10000-19999 Sqft, Near Public Transit, Park Nearby, Paved
  • Lot Size Sq Ft: 16988.00
  • Lot Size Acres: 0.3900

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 520 Square Feet
  • Average2 Bed Area: 795 Square Feet
  • Gross Income: 200076.00
  • Gross Scheduled Income: 200076.00
  • Insurance Expense: 14988.00
  • Laundry Income: 5389.00
  • Lot Size Area: 16988.0000 Square Feet
  • Net Operating Income: 84217.00
  • Number Of Separate Electric Meters: 15
  • Number Of Separate Gas Meters: 15
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 15
  • Number Of Units Total: 15
  • Number Wall A C: 15
  • Number With Carpet: 15
  • Number With Dishwasher: 15
  • Number With Disposal: 15
  • Number With Drapes: 15
  • Number With Range: 15
  • Operating Expense: 115859.00
  • Rent Control: No
  • Total Actual Rent: 17000.00
  • Total Expenses: 115859.00

Tax Info

  • New Taxes Expense: 28500.00
  • Tax Census Tract: 17.05
  • Tax Lot: 29
  • Tax Tract Number: 3768

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2020 09/24/20 Sold $2,850,000 0.0% $252 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $2,850,000 -- $252 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jean Marsh

    Nautilus Properties, Inc.

    Section Image

  • L

    Buyer Co-Listing Agent in 2020

    Lawrence Ross

    Nautilus Properties, Inc.

    (714) 403-8563

    1 in this area

    6 Total Sales

    Lawrence Ross
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20160293

California Regional Multiple Listing Service (CRMLS)
California Orange County La Habra 90631

100 E Montwood Ave, La Habra, CA

This home is located at 100 E Montwood Ave, La Habra, CA 90631 since 10 August 2020. This property was built in 1963. 100 E Montwood Ave is a home located in Orange County with nearby schools including Las Positas Elementary School, Imperial Middle School, and Sonora High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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