La Habra, CA 90631,550 Ridgeway LN
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La Habra, CA 90631,550 Ridgeway LN
La Habra, CA 90631,550 Ridgeway LN
La Habra, CA 90631,550 Ridgeway LN
La Habra, CA 90631,550 Ridgeway LN

$1,350,000

Est. payment /mo

$1,250,000

8.0%
Est.Price: ?

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550 Ridgeway LN La Habra, CA 90631

0.26 Acres Lot

SOLD DATE : 05/22/2023

Key Details

Sold Price $1,350,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Subdivision ,Other

MLS Listing ID PW23049943

Sold Date 05/22/23

HOA Y/N No

Year Built 1962

Lot Size 0.260 Acres

Property Description

This is a well-kept and easy to own and manage triplex property located in the wonderful city of La Habra. This is a great starter investment Property where all three units are currently occupied by great tenants who always pay their rent in time or may be a great Property for an owner to live in one unit and collect rent from the other two units (subject to California AB 1482 no fault just causes reasons). The lot size is an expansive 0.26 acres with plenty of green yard space and trees. This is simply a wonderful place to live and call home. All three homes are 2 beds-2 baths and are all good sizes (totaling approximately 1,000 sq ft each) with separate laundry rooms, central air, forced air heating, and separate water heaters. There are 3 automatic garages and plenty of other onsite parking spaces including Unit C's carport. Two of the three garage opener machines have been recently replaced with new ones in 2023 and the entire HVAC unit for Apt. B was replaced with a brand new unit in 2021. Carpets have been replaced with laminate flooring in some of the units. The property is located in a desirable area of La Habra close to Costco, shopping, restaurants, schools and other amenities. Convenient access to Beach Blvd. and all the amenities that Beach Blvd. provides. All three units are currently occupied on a month to month rental but are subject to California AB 1482. Total monthly rent is $6,777.18. There may be a possibility to build an ADU in the garage spaces (subject to any tenant’s rights under his/her lease) and generate even more rental income to help you pay for your mortgage payments. Buyer to do its own due diligence in regards to the ADU, tenants’ leases and in regards to California AB 1482 and Seller makes no representations or warranties in regards to same. Furthermore, Buyer is responsible for independently verifying the accuracy of all information regarding the Property including but not limited to building and lot size, bedroom/bathroom counts, zoning, building permits/licensing, etc. Seller is a California licensed real estate broker. Property is sold in its "As-Is" condition.

Location

State CA

County Orange

Area 87 - La Habra

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Inside

Exterior

Parking Features Door-Single, Driveway, Garage, On Street

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks

Roof Type Composition

Total Parking Spaces 3

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 01804124

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Kevin Kim • Real Brokerage Technologies • 562-644-2833
Bought with Henry Camacho • Henry Steven Camacho

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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