504 E 3rd, La Habra, CA 90631
504 E 3rd, La Habra, CA 90631
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Ernie Caponera

Ernie Caponera

+1(714) 606-0926
$1,500,000
Est. payment /mo
5,641 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Unknown

MLS Listing ID PW26241111

HOA Y/N No

Lot Size 5,641 Sqft

Property Sub-Type Quadruplex

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 10.42–11.90 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

Area 87 - La Habra

Interior

Cooling None

Fireplaces Type None

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Pool None

Community Features Suburban, Sidewalks

View Y/N Yes

View Hills

Private Pool No

Building

Lot Description Corner Lot

Story 2

Entry Level One,Two

Sewer Public Sewer

Water Public

Level or Stories One, Two

New Construction Yes

Others

Senior Community No

Tax ID 02220406

Acceptable Financing Cash, Cash to New Loan, Conventional, Fannie Mae, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, Fannie Mae, VA Loan

Special Listing Condition Standard

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Listed by Paul Purunjian Purunjian Inc. 562-225-5728, DRE #01417303

Nearby Locations

Ernie Caponera

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California 92625, USA

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