911 N Walnut Street, La Habra, CA 90631
911 N Walnut Street, La Habra, CA 90631
911 N Walnut Street, La Habra, CA 90631
23
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$7,500,000
Est. payment /mo
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6 Beds
4 Baths
0.79 Acres Lot
New

911 N Walnut Street La Habra, CA 90631

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26219075

Bedrooms 6

Lot Size 0.788 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

We are proud to present the Walnut Apartments; a pride of ownership 22 unit apartment community located in a prime La Habra, Orange County location. The subject property possess an excellent and diverse unit mix of: 7 (3+1.75), 10 (2+1), and 5 (1+1). Additionally, all of the units are separately metered for gas and electric, plus are RUBS are in place with the tenants offsetting landlord utility bills and improving cash flow. There is is also a common laundry room providing the landlord with additional income. The subject property electrical system has been upgraded with newer exterior electrical panels and interior sub panels for all units - a key upgrade required for securing property insurance. Some of the units have been renovated with a combination of new kitchens with new cabinetry, counter tops and fixtures and new bathrooms. Some units have private patios which is a highly coveted tenant amenity along with a sparking pool. Please see attached supplements for marketing brochure containing additional information: rent roll, operating expenses and photos. The Walnut Apartments are being offered at an in place 5.36% CAP rate and 11.3 GRM, with upside to a 6.4 CAP rate and 10.08 GRM on proforma rents, ensuring immediate, and future, returns for a savvy multifamily investor.

Location

State CA

County Orange

Zoning Assessor

Direction North of Whittier Blvd on Walnut

Interior

Cooling Wall/Window

Fireplace No

Exterior

Pool Private

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 30002220

Acceptable Financing Land Contract

Listing Terms Land Contract


MLS Router / San Diego MLS
Listed by Ed Diaz, DRE#01022469 Vanguard Property Group 
Co-listed byJay Noyola • Vanguard Property Group

NEARBY SCHOOL & BUSINESS

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Patty Doyle

Patty Doyle

Agent License ID: 01507441

+1(619) 886-0321

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911 N Walnut Street