309 Grace Avenue,La Habra, CA 90631
La Habra, CA 90631
Description
Property is being offered via auction. Rare opportunity to acquire up to three adjacent duplexes (6 units total) in prime La Habra locationideal for investors seeking scale, upside, and long-term appreciation This exceptional duplex, located at 309-311 Grace Ave, is a premier investment opportunity in the heart of La Habra. Situated within the established Tract 715 neighborhood, this property offers a rare blend of stable income, upside potential, and long-term investment value. The property features two well-proportioned 2-bedroom, 1-bathroom units, each offering comfortable living layouts, abundant natural light, and functional floor plans ideal for today’s rental demand. With separate living spaces and strong tenant appeal, this duplex is perfectly suited for both seasoned investors and owner-occupants seeking supplemental income. Currently generating below-market rents, this asset presents a compelling value-add opportunity with significant upside potential. Market trends in La Habra support higher rental rates for comparable units, allowing a new owner to strategically increase income over time and enhance overall returns. This offering is uniquely positioned alongside two additional duplexes located at 301-303 Grace Ave and 305-307 Grace Ave, creating a rare chance to acquire three adjacent duplexes (total of 6 units). Opportunities like this are exceptionally limited in this area and provide investors with the ability to achieve economies of scale with contiguous ownership; increase operational efficiency and long-term management ease; maximize rental upside across a larger asset base; create a strong, consolidated footprint in a high-demand rental pocket Positioned on a generous lot in a quiet residential setting, the property benefits from its proximity to shopping, dining, schools, and major transportation corridors, making it highly desirable for tenants and future appreciation alike. Whether you’re looking to expand your portfolio, execute a light value-add strategy, or secure a multi-property investment play, this duplexcombined with the neighboring opportunitiesdelivers flexibility, scalability, and long-term growth in one of North Orange County’s established rental markets.
Details
| MLS # | PW26082941 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1961 |
| Days On Site | 158 |
| Listing Provided By | Century Financial Group, Corp. | Karen Ngoc Lang Luu |
Features
| SQ Feet | 1,600 |
|---|---|
| Car Port | Yes |
| Story(s) | 1 |
| Units | 2 |
| Building(s) | 2 |
| Acreage | 0.15 |
| Property View | None |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | All Bedrooms Down |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Rectangular Lot |
|---|
Parking
| Parking Features | Assigned |
|---|---|
| Garage Yes / No | No |
Utilities
| Utilities | Electricity Available |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Orange |
| City | La Habra |
| Zip Code | 90631 |
| Area | 87 La Habra |
| Listing VS Median (in 90631) | |
Price: $1,243,000 low | high Med: $839,000 sqft: 1,600 low | high Med: 1,253 $ / sqft: $777 low | high Med: $670 On site: 158 low | high Med: 38 | |
Market Activity 90631
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Learn More About This Property
| State | CA |
|---|---|
| County | Orange |
| City | La Habra |
| Zip Code | 90631 |
| Area | 87 La Habra |
| Listing VS Median (in 90631) | |
Price: $1,243,000 low | high Med: $839,000 sqft: 1,600 low | high Med: 1,253 $ / sqft: $777 low | high Med: $670 On site: 158 low | high Med: 38 | |
 | $1,243,000301 Grace AvenueLa Habra, CA 90631 |
 | $874,950340 PenmarLa Habra, CA 90631 |