NOT LISTED FOR SALE

531 Ridgeway Ln La Habra, CA 90631

6 Beds
4 Baths
15,300 Sq Ft
0.59 Acres

Last Sold September 18, 2019

Last sale price $5,025,000 $328 Per Sq Ft

10 Days on Market

Highlights

  • 0.59 Acre Lot
  • Community Pool
  • Landscaped
  • Rancho-Starbuck Intermediate School Rated 9+
  • Laundry Room

About This Home

As of September 2019

The Ridge Apartment Homes is in the beautiful city of La Habra. Nearby you can find several schools, shopping centers, and eateries. Residents of The Ridge can enjoy paid water and trash including private patios and balconies in selected units, carports, a convenient laundry facility, and a sparkling pool. The Ridge is a smoke-free community.

Last Agent to Sell the Property

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 06/14/2019

Last Buyer's Agent

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 06/14/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.59 Acre Lot
  • No Common Walls
  • Landscaped

Parking

  • 9 Open Parking Spaces
  • 1 Car Garage
  • 18 Carport Spaces

Interior Spaces

  • 15,300 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 3747
  • Assessor Parcel Number 01804146

Community Details

Recreation

  • Community Pool

Building Details

  • 1 Separate Water Meter
  • Electric Expense $3,018
  • Fuel Expense $3,017
  • Insurance Expense $5,850
  • Maintenance Expense $9,000
  • Other Expense $6,780
  • Professional Management Expense $13,060
  • Trash Expense $4,474
  • Water Sewer Expense $3,017
  • New Taxes Expense $59,682
  • Operating Expense $123,898
  • Gross Income $336,440
  • Net Operating Income $202,599

Additional Features

  • 18 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Professional Management Expense: 13060.00
  • Property Attached: No
  • Water Sewer Expenses: 3017.00
  • Property Type: Residential Income
  • Parcel Number: 01804146
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: One, Two
  • Price Per Square Foot: 328.43

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 18.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 28.00
  • Uncovered Spaces: 9.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 4474.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 25700.40
  • Lot Size Acres: 0.5900

Multi Family

  • Electric Expense: 3018.00
  • Fuel Expense: 3017.00
  • Gross Income: 336440.00
  • Gross Operating Income: 326497.00
  • Gross Scheduled Income: 336440.00
  • Insurance Expense: 5850.00
  • Lot Size Area: 0.5900 Acres
  • Maintenance Expense: 9000.00
  • Net Operating Income: 202599.00
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 18
  • Operating Expense: 123898.00
  • Other Expense: 6780.00
  • Rent Control: No
  • Total Expenses: 123898.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 59682.00
  • Tax Census Tract: 11.03
  • Tax Lot: 11
  • Tax Tract Number: 3747

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 List to Sale Price per Sq Ft
08/24/2025 08/24/25 Off Market $2,550 -- --
07/30/2025 07/30/25 Price Changed $2,550 +21.7% $4 / Sq Ft
07/14/2025 07/14/25 Price Changed $2,095 -3.7% $3 / Sq Ft
06/16/2025 06/16/25 Price Changed $2,175 0.0% $4 / Sq Ft
06/16/2025 06/16/25 For Rent $2,175 -26.3% --
11/17/2023 11/17/23 For Rent $2,950 0.0% --
10/11/2023 10/11/23 Price Changed $2,950 0.0% $5 / Sq Ft
10/11/2023 10/11/23 For Rent $2,950 +34.7% --
11/22/2022 11/22/22 Price Changed $2,190 -14.5% $4 / Sq Ft
10/03/2022 10/03/22 Price Changed $2,560 +85.1% $4 / Sq Ft
09/29/2022 09/29/22 For Rent $1,383 0.0% --
09/18/2019 09/18/19 Sold $5,025,000 -3.7% $328 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $5,220,000 -- $341 / 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: OC19140595

California Regional Multiple Listing Service (CRMLS)