NOT LISTED FOR SALE

332 Hillcrest St Unit A & B La Habra, CA 90631

4 Beds
2 Baths
1,919 Sq Ft
6,347 Sq Ft Lot

Last Sold November 25, 2020

Last sale price $680,000 $354 Per Sq Ft

24 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Laundry Room
  • La Habra High School Rated A-
  • Cul-De-Sac
  • 4 Car Garage

About This Home

As of November 2020

This is a great opportunity for a new or seasoned investor. Units have been moderately upgraded within the past years. Bedrooms are spacious and the property is located at the end of a cul-de-sac near shopping, schools & the La Habra Civic Center. Both units are rented and both leases have expired making both sets of tenants month-to-month. There is a large yard in the back of the lot. Both units have separate gas, water and electric meters as well as well as their own 2-car garages as well as 4 uncovered spaces. Some minor updating will help secure the maximum rents. Please do not show up unannounced as renters need at least a couple of hours prior to showings and 24 hours is preferred. NOTE: MAPS shows property as 340 S Hillcrest St but title shows as 332 S Hillcrest St. apartments A & B.

Last Agent to Sell the Property

Rick Martinez

Quartz Realty Inc License #01496114 Listed on: 08/23/2020

Last Buyer's Agent

Richard Lougee

Sterling Pacific Real Estate License #01416644

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 6,347 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac
  • Rectangular Lot
  • Lot Sloped Down
  • Sprinklers Throughout Yard
  • Manual Sprinklers System
  • Private Yard
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Side Facing Garage
  • Tandem Uncovered Parking
  • Two Garage Doors
  • Driveway Up Slope From Street
  • On-Street Parking
  • Parking Lot
  • RV Potential
  • Assigned Parking

Home Design

  • 1,919 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone, water
  • Tax Lot 1
  • Tax Tract Number 12
  • Assessor Parcel Number 29802213

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Bike Trail

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $900
  • Fuel Expense $360
  • Insurance Expense $650
  • Trash Expense $700
  • Water Sewer Expense $1,000
  • New Taxes Expense $7,000
  • Operating Expense $10,610
  • Gross Income $45,600
  • Net Operating Income $38,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 17148842893
  • Property Attached: No
  • Subdivision Name Other: unknown
  • Water Sewer Expenses: 1000.00
  • Property Type: Residential Income
  • Parcel Number: 29802213
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 354.35

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking Features: Assigned, Driveway, Concrete, Driveway Up Slope From Street, Garage, Garage Faces Side, Garage - Two Door, On Site, Parking Space, RV Potential, Street, Tandem Uncovered, Uncovered
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 700.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Cul-De-Sac, Sloped Down, Rectangular Lot, Sprinklers In Front, Sprinklers In Rear, Sprinklers Manual, Sprinklers On Side, Yard
  • Lot Size Sq Ft: 6347.00
  • Lot Size Acres: 0.1457

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone, Water

Multi Family

  • Average2 Bed Area: 950 Square Feet
  • Electric Expense: 900.00
  • Fuel Expense: 360.00
  • Gross Income: 45600.00
  • Gross Operating Income: 43320.00
  • Gross Scheduled Income: 45600.00
  • Insurance Expense: 650.00
  • Lot Size Area: 6347.0000 Square Feet
  • Net Operating Income: 38800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 4500.00
  • Rent Control: Yes
  • Total Actual Rent: 2200.00
  • Total Expenses: 10610.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 7000.00
  • Tax Census Tract: 12.01
  • Tax Lot: 1
  • Tax Tract Number: 12.01

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
11/25/2020 11/25/20 Sold $680,000 -1.3% $354 / Sq Ft
10/28/2020 10/28/20 For Sale $689,000 0.0% $359 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
09/10/2020 09/10/20 Price Changed $689,000 -3.0% $359 / Sq Ft
08/23/2020 08/23/20 For Sale $710,000 -- $370 / 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: PW20173099

California Regional Multiple Listing Service (CRMLS)