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$ 1,500,000
Est. payment | /mo
6 Beds
5 Baths
5,640 Sqft Lot
$ 1,500,000
Est. payment | /mo
6 Beds
5 Baths
5,640 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26241111
Bedrooms 6
Lot Size 5,640 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
2027 BRAND NEW FOURPLEX BUILD! Offered at $1,500,000 to be delivered turnkey upon completion, with projected delivery in June 2027. Located on an approximately 5,640-square-foot corner lot in Orange County at 504 E. 3rd Avenue in La Habra, this planned four-unit property offers 3,348 square feet of residential living space. The ready-to-issue (RTI) plans include a 1,248-square-foot main residence, an attached 500-square-foot ADU, an 800-square-foot ground-floor ADU, and an 800-square-foot SB 9 residence above, for a total of four units. Planned features include all-electric residences, solar systems, four separate electrical meters, and one shared water meter. Projected gross rental income ranges from $10,500 to $12,000 per month ($126,000$144,000 annually), representing a projected gross rent multiplier (GRM) of 10.4211.90 and a projected capitalization rate of 5.58%6.67%, depending on achieved rents and projected operating expenses. The property currently contains an existing residence slated for demolition; the offering price reflects delivery of the completed four-unit project. Renderings depict proposed improvements. Completion schedule, finishes, and delivery terms to be established in the purchase agreement. Plans available for review.
Location
State CA
County Orange
Zoning Assessor
Direction LA HABRA / EUCLID
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 02220406
Acceptable Financing Cash, Conventional, VA
Listing Terms Cash, Conventional, VA
Listed by Paul Purunjian, DRE#01417303 Purunjian Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
4440 Twain Ave. #326, San Diego, California 92120, USA