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PRICE $4,316,000 BEDS n/a BATHS 0 HOME SIZE 7,160 sqft LOT SIZE 23,723 sqft Request More Info Schedule a Showing

311 Apartment Homes (the “Property”) is located at 311 North Idaho Street in La Habra, CA. The Property consist of 9 low densitygarden style units in two single story buildings. The asset features an excellent unit mix consisting of seven (7) 1 bedroom / 1bathroom units and two (2) newly constructed 3 bedroom / 2 bathroom units on a spacious 23,724 square foot parcel. The propertyincludes 12 assigned parking spaces, is separately metered for gas and electric, and residents enjoy large private yards.311 Apartment Homes has recently undergone a comprehensive renovation program with over $1.1 million invested into upgradingthe property. As such, residents are provided a high quality living experience and a new owner will enjoy a truly turn-key investmentproperty.Property improvements completed include, but are not limited to, complete unit interior renovation to all units (addition of in-suitelaundry, plank vinyl flooring, new cabinets, quartz countertops, new bathtub and shower surrounds, new electrical subpanels,upgraded lighting package, fresh paint, central AC and heat, stainless steel appliances and modern finishes), new windows, newunit entry doors, new fencing, complete landscaping replacement, concrete replacement & repair, roof repair, stucco repair &exterior paint, asphalt repair / replacement and new exterior lighting.311 Apartment Homes is conveniently located between two large shopping centers, La Habra Gateway and La Habra Marketplace,both of which provide a variety of dining, shopping and entertainment opportunities. The Property is located near Beach Boulevardand Imperial Highway , making for a easy commute to the greater Orange County and Los Angeles County metros.Given the scope of the renovations, the current rents being achieved, and the ancillary income produced, this is an amazing turnkey,stabilized multifamily asset in a strong performing market.