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550 Ridgeway Lane, La Habra, CA 90631

Triplex · 2 recorded sales since 2015

550 Ridgeway Lane, La Habra, CA 90631 Sold May 2023 CRMLS
$1,350,000Sold May 2023

Listing Agent: Kevin Kim (DRE #01845504) · Listing Office: Real Brokerage Technologies · Contact: 562-644-2833 · Bought with: Henry Camacho · Henry Steven Camacho · MLS #PW23049943 · Source: CRMLS

11,326 sqft
Lot Size
1962
Year Built
Triplex
Type
1
Stories
3
Garage
CentralAir
Cooling
Central
Heating

About this triplex

This is a well-kept and easy to own and manage triplex property located in the wonderful city of La Habra. This is a great starter investment Property where all three units are currently occupied by great tenants who always pay their rent in time or may be a great Property for an owner to live in one unit and collect rent from the other two units (subject to California AB 1482 no fault just causes reasons). The lot size is an expansive 0.26 acres with plenty of green yard space and trees. This is simply a wonderful place to live and call home. All three homes are 2 beds-2 baths and are all good sizes (totaling approximately 1,000 sq ft each) with separate laundry rooms, central air, forced air heating, and separate water heaters. There are 3 automatic garages and plenty of other onsite parking spaces including Unit C's carport. Two of the three garage opener machines have been recently replaced with new ones in 2023 and the entire HVAC unit for Apt. B was replaced with a brand new unit in 2021. Carpets have been replaced with laminate flooring in some of the units. The property is located in a desirable area of La Habra close to Costco, shopping, restaurants, schools and other amenities. Convenient access to Beach Blvd. and all the amenities that Beach Blvd. provides. All three units are currently occupied on a month to month rental but are subject to California AB 1482. Total monthly rent is $6,777.18. There may be a possibility to build an ADU in the garage spaces (subject to any tenant’s rights under his/her lease) and generate even more rental income to help you pay for your mortgage payments. Buyer to do its own due diligence in regards to the ADU, tenants’ leases and in regards to California AB 1482 and Seller makes no representations or warranties in regards to same. Furthermore, Buyer is responsible for independently verifying the accuracy of all information regarding the Property including but not limited to building and lot size, bedroom/bathroom counts, zoning, building permits/licensing, etc. Seller is a California licensed real estate broker. Property is sold in its "As-Is" condition.

Listing description from the May 2023 sale, as reported to CRMLS.

Sale history

$1,350,000
Sold May 2023 · listed $1,250,000, on market April 2023 · MLS #PW23049943 · Source: CRMLS
Listing Agent: Kevin Kim · Listing Office: Real Brokerage Technologies · Contact: 562-644-2833 · Bought with: Henry Camacho · Henry Steven Camacho
$753,675
Sold May 2015 · listed $749,000, on market April 2015 · MLS #WS15083066 · Source: CRMLS
Listing Agent: ELAINE WON · Listing Office: ELAINE WON REALTY · Contact: 626-793-2063 · Bought with: John Kim · John Young Kim, Broker
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