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1400 Eastpark Drive

La Habra, CA 90631
  • $1,650,000
  • STATUS: Active
  • ON SITE: 6 Days
  • ID#: TR22222246
New On Site 6 Days Ago
UPDATED: 45 min ago
$1,650,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1972
County:

School Ratings & Info

Listing Agent(s): Ty Courtney Wallace of Coldwell Banker Tri-Counties R (909-861-9835)


Description

Four plex in a sought-after community next to Descanso Park. The property is a total of 4452 sf., blt 1972, on an 8149 sf lot. There is a front unit 3 bed 2.5 bath home with ground level entry. This home (unit 1) is vacant and faces the street and has no shared walls with the other 3 homes. A double door entry opens to a living room with laminate wood floors and a fireplace. The kitchen is open to the family room and there is a sliding door to a private patio area. Adjacent the family room is a half bath and direct entry to the attached two car garage and laundry hookups. Upstairs are 3 spacious bedrooms with a hallway full bathroom to service the 2 secondary bedrooms. A master suite with a dedicated bathroom and two closets. One is mirrored. There is a separate water closet (toilet) for privacy. This unit will be remodeled in early December with a new rent fetching appx $3200 per month. There is one 2 bed 1 bath upstairs home (unit 4) that sits above a common breezeway and the garages. It is one level with an open family room and nook to the kitchen and a hallway full bathroom and 2 bedrooms. It has a detached garage below. A longtime tenant pays $1150 per month. This home will eventually need updating and remodeling. Units 2 and 3 are both 2 bedroom and 1.5 bath 2 story homes that are mirror images and back to back. They share a common wall with one another. Unit 3 is in the middle and vacant, it is nicely remodeled and ready to rent to a new tenant. It should command $2500 per month or so. Ground level entry with laminate wood floors in the living room, a dining area adjacent the kitchen and a half bath. The kitchen has a gas range and large walk-in pantry. There is a sliding door to a private patio. 2 bedrooms and a full bathroom upstairs. Unit 2 is occupied and a similar floorplan with a longtime tenant paying $1000 per month. It is in average condition, eventually needing updating. There are a total of 6 garages, 4 of them are single car. 3 of the single car garages have laundry hookups. At the south end of the building is an additional open parking spot. These can be divided between units 2,3, and 4. There will be 4 vacant garages delivered to the new owner. The current two tenants now occupy 2 garages and the one open space at the south end. Additional street parking is first come first serve. No HOA dues.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-11-28T23:29:49.253. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
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1400 Eastpark Drive La Habra, CA 90631

  • Price: $1,650,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 45 min ago
  • ID#: TR22222246
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1972
Built
Neighborhood:
Park View (Pkvw)
County:
Orange
Area:
87 - La Habra
Property Description
Four plex in a sought-after community next to Descanso Park. The property is a total of 4452 sf., blt 1972, on an 8149 sf lot. There is a front unit 3 bed 2.5 bath home with ground level entry. This home (unit 1) is vacant and faces the street and has no shared walls with the other 3 homes. A double door entry opens to a living room with laminate wood floors and a fireplace. The kitchen is open to the family room and there is a sliding door to a private patio area. Adjacent the family room is a half bath and direct entry to the attached two car garage and laundry hookups. Upstairs are 3 spacious bedrooms with a hallway full bathroom to service the 2 secondary bedrooms. A master suite with a dedicated bathroom and two closets. One is mirrored. There is a separate water closet (toilet) for privacy. This unit will be remodeled in early December with a new rent fetching appx $3200 per month. There is one 2 bed 1 bath upstairs home (unit 4) that sits above a common breezeway and the garages. It is one level with an open family room and nook to the kitchen and a hallway full bathroom and 2 bedrooms. It has a detached garage below. A longtime tenant pays $1150 per month. This home will eventually need updating and remodeling. Units 2 and 3 are both 2 bedroom and 1.5 bath 2 story homes that are mirror images and back to back. They share a common wall with one another. Unit 3 is in the middle and vacant, it is nicely remodeled and ready to rent to a new tenant. It should command $2500 per month or so. Ground level entry with laminate wood floors in the living room, a dining area adjacent the kitchen and a half bath. The kitchen has a gas range and large walk-in pantry. There is a sliding door to a private patio. 2 bedrooms and a full bathroom upstairs. Unit 2 is occupied and a similar floorplan with a longtime tenant paying $1000 per month. It is in average condition, eventually needing updating. There are a total of 6 garages, 4 of them are single car. 3 of the single car garages have laundry hookups. At the south end of the building is an additional open parking spot. These can be divided between units 2,3, and 4. There will be 4 vacant garages delivered to the new owner. The current two tenants now occupy 2 garages and the one open space at the south end. Additional street parking is first come first serve. No HOA dues.
Exterior Features

Architectural Style Traditional Construction Materials DrywallFrameStucco Entry Level 1 Entry Location 1 Fencing Average ConditionWood Foundation Details Slab Lot Features Sprinklers In FrontLawnLandscapedLevelRectangular LotSprinklers TimerSprinkler SystemStreet Level Number Of Separate Electric Meters 4 Parking Features AssignedDoor-MultiDirect AccessDoor-SingleGarageNo DrivewayGarage Faces Side Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type MaintainedPaved Roof CompositionShingle Spa Features None Spa YN No View None View YN No

Interior Features

Appliances DishwasherGas RangeVented Exhaust FanWater To Refrigerator Common Walls 1 Common WallNo One Above Cooling Wall/Window Unit(S) Cooling YN Yes Door Features Double Door EntryMirrored Closet Door(S)Sliding Doors Fireplace Features GasGas StarterLiving RoomWood Burning Fireplace YN Yes Flooring CarpetLaminateTile Heating CentralWall Furnace Heating YN Yes Interior Features Unfurnished Window Features Custom Covering(S)

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsGutter(S)Storm Drain(S)Street LightsSuburban Electric Electricity - On PropertyStandard Garage YN Yes Gross Income 0 Gross Scheduled Income 127200 Insurance Expense 3000 Land Lease YN No Laundry Features Washer HookupElectric Dryer HookupGas Dryer HookupIn Garage Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Net Operating Income 110000 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 3000 Property Condition Repairs CosmeticUpdated/RemodeledTurnkey Property Sub Type Quadruplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Firewall(S)Fire Rated DrywallSmoke Detector(S) Senior Community YN No Sewer Sewer Tap Paid Special Listing Conditions Standard Tenant Pays ElectricityGasTelephone Total Actual Rent 2150 Trash Expense 500 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedUnderground UtilitiesWater Connected Vacancy Allowance 6360 Vacancy Allowance Rate 5 Water Sewer Expense 2400 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-11-28T23:29:49.253. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
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Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Ty Courtney Wallace of Coldwell Banker Tri-Counties R (909-861-9835)