NOT LISTED FOR SALE

320 E Francis Ave La Habra, CA 90631

2 Beds
1 Bath
1,620 Sq Ft
7,200 Sq Ft Lot

Last Sold August 15, 2023

Last sale price $975,000 $602 Per Sq Ft

122 Days on Market

Highlights

  • No Units Above
  • La Habra High School Rated A-
  • Laundry Room

About This Home

As of August 2023

Excellent Duplex – unique type of rental property – Each unit is 2 Bedrooms w/ 1 Bathroom. Currently leased at $1,980 each per month. Annual Gross Operating Income: $47,520. Please Do Not Disturb, Tenants do not know duplex is for sale. Huge 7,200 Sq.Ft. Lot. Very clean, well-landscaped property. Potential to increase market rents. Perfectly located in a high-rental demand area. Long driveway to a detached 2-Car Garage + 6 additional parking spaces behind units. Outstanding location off Euclid St. close to Imperial Hwy 90, Lambert Rd., Whittier Blvd. 72 and Beach Blvd. 39.

Last Agent to Sell the Property

Gary Tucker

Your Nest Property Management License #01971229 Listed on: 04/01/2023

Last Buyer's Agent

Eduardo Velasquez Orozco

eXp Realty of Southern Ca, Inc License #02023506

eXp Realty of Southern Ca, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 7,200 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 6 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 1,620 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 16
  • Tax Tract Number 1199
  • Assessor Parcel Number 02208224
  • $511 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $360
  • Water Sewer Expense $1,104
  • Operating Expense $1,500
  • Gross Income $47,520
  • Net Operating Income $36,252

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • CapRate: 5.00
  • Price Per Unit: 469500
  • Property Attached: Yes
  • Water Sewer Expenses: 1104.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 02208224
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Price Per Square Foot: 601.85

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7200.00
  • Lot Size Acres: 0.1653

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 47520.00
  • Gross Operating Income: 47520.00
  • Gross Scheduled Income: 57600.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 7200.0000 Square Feet
  • Net Operating Income: 36252.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 11268.00
  • Rent Control: No
  • Total Expenses: 1500.00

Tax Info

  • Tax Census Tract: 12.02
  • Tax Lot: 16
  • Tax Tract Number: 1199
  • TaxOtherAnnualAssessmentAmount: 511.00

Range of Values:

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Sold Price
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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
08/15/2023 08/15/23 Sold $975,000 +3.8% $602 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
04/01/2023 04/01/23 For Sale $939,000 -- $580 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23053688

California Regional Multiple Listing Service (CRMLS)

APN: 022-082-24