200 E Florence Avenue, La Habra, CA 90631

About this property

The Florence Apartments has been extensively renovated in 2019 and 2020. The owners have thoroughly renovated every facet of the property, including: roof, landscape, parking, building structure and significant interior upgrades. The Florence Apartments offer an astute investor the opportunity to purchase an income producing property with brand new tenants and strong rents in a unique growing market. The building itself stands as the only multiunit property in the entire northeast corner of Euclid and La Habra Blvd. The asset’s location, unique layout, and pristine condition, afford a new investor the coveted ability to command top of the market rents for the future.
 
 Realistic 4.7% Cap Rate on current rents, all rents paid in full!

Listing description from the August 2020 sale, as reported to CRMLS.

Sale history

$1,460,000

Sold August 2020 · listed $1,495,000, on market May 2020 · MLS #PW20094649 · Source: CRMLS

Listing Agent: Gary Tolfa · Listing Office: Triqor Group · Contact: 949-756-3232 · Bought with: Ed Diaz · Vanguard Property Group

$1,146,500

Sold November 2019 · listed $1,100,000, on market November 2019 · MLS #PW19258575 · Source: CRMLS

Listing Agent: Brian Bartholomew · Listing Office: Re/Max Cornerstone · Contact: 714-733-1012 · Bought with: Brian Bartholomew · Re/Max Cornerstone

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