For more information regarding the value of a property, please contact us for a free consultation.
531 Ridgeway LN La Habra, CA 90631
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $5,025,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 15,300 sqft
Price per Sqft $328
MLS Listing ID OC19140595
Sold Date 09/18/19
HOA Y/N No
Year Built 1961
Lot Size 0.590 Acres
Acres 0.59
Property Description
Ridgeway Lane Apartments is an 18-unit multifamily investment property located in La Habra, one of the premier rental markets in Southern California.
Built in 1961, Ridgway Lane Apartments offers investors a rare opportunity to acquire 18 units in the highly desirable city of La Habra. Situated on a 0.59-acre lot, the 15,300 square foot property consists of six, one-bedroom units, six, two-bedroom units and six, three-bedroom units. A new owner will have the opportunity to capitalize on strong market trends by increasing in-place rents to market rental rates.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Laundry Community
Exterior
Garage Spaces 1.0
Pool Community
Community Features Curbs, Sidewalks, Street Lights
Private Pool No
Building
Lot Description Landscaped
Story 2
Sewer Public Sewer
Water Public
Level or Stories One, Two
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Lease Land No
Confidential INFO
BAC 2.5
TERMS 1031 Exchange,Cash,Cash To New Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent
SHOW INSTRUCTIONS Please contact the listing agent. Do not disturb tenants.
Read Less
Bought with Marcus & Millichap RE Invest