241 South Valencia Street

La Habra, CA 90631

$1,365,000
Price
8
Beds
8
Baths
3,820 Sq. Ft.
$357 / Sq. Ft.
3,820
Sq. Ft.
$357
per Sq. Ft.

Description

Ideal property for an owner looking for a more passive investment than your normal four-plex. This building is part of the Valencia Park Association and the HOA dues include onsite management as well as other management services. HOA dues also cover exterior maintenance, Landscaping, Community pool. Nice unit mix with all 2 Bedroom and 1.75 baths. Separate meters for both electric and gas. Updated Electrical panels and buildings will be painted within the next 6 months by the HOA. Located in a high...Ideal property for an owner looking for a more passive investment than your normal four-plex. This building is part of the Valencia Park Association and the HOA dues include onsite management as well as other management services. HOA dues also cover exterior maintenance, Landscaping, Community pool. Nice unit mix with all 2 Bedroom and 1.75 baths. Separate meters for both electric and gas. Updated Electrical panels and buildings will be painted within the next 6 months by the HOA. Located in a high demand area of La Habra that is close to schools, shopping and transportation.
  1. Listed by Richard Bell • DRE #01344469 • Brokerage DRE #01930317 • Bell Realty Group • 714-309-3549

Property Details for 241 South Valencia Street

View
None
Parking Spaces Total
6
Private Pool
No
Cooling Type
Wall/Window
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3820
LISTING UPDATED: 10/25/2024 07:48 AM

Property Details for 241 South Valencia Street

StatusActive
MLS #PW24204817
Days on Market44
Taxes-
HOA Fees$2,000 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1962
Lot Size0.13 AC / 5,846 SF
CountyOrange County

Building Information for 241 South Valencia Street

Stories2Residences-Year Built1962Building Size-Lot Size0.13 AC / 5,846 SF

Property Information for 241 South Valencia Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
  • Pets Allowed: Call For Rules
Income / Expense / Tax Details
Income Details
  • Gross Income: $106,476
  • Gross Scheduled Income: $106,476
  • Vacancy Allowance: 2130
  • Vacancy Allowance Rate: 2
  • Gross Operating Income: $104,346
  • Net Operating Income: $57,497
  • Cap Rate: 4.2
Expense Details
  • Operating Expense: $46,849
  • New Taxes Expense: $15,698
  • Licenses Expense: $351
  • Insurance Expense: $2,650
  • Maintenance Expense: $2,000
  • Professional Management Expense: $2,150
  • Other Expense: $21,500
  • Other Expense Description: HOA &
  • Trash Expense: $500
  • Water Sewer Expense: $2,000
  • Total Expenses: $46,849
Tax / Assessment Info
  • Tax Tract Number: 4031
  • Tax Census Tract: 14.04
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 6
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Association Amenities: Pool
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks
  • Complex Name: Valencia Park Assoc.
  • Association Name: Valencia Park Assoc.
  • Association Phone: 951 339-1638
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Resident Manager, Smoke Detector(s)
  • Roof: Composition
  • Entry Location: front
  • Foundation Details: Slab
  • View Description: None
  • Pool Features: Community, In Ground
  • Pool Description: In Ground
  • Pool: Below Ground, Community/Common
Land/Lot Info
  • Lot Features: 6-10 Units/Acre, Sprinkler System
  • Direction Faces: North
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Alley Paved, Privately Maintained
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 0
  • Carport Spaces: 4
  • Parking Features: Detached Carport
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,400
  • Unit Type Total Rent: $2,400
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,400
  • Unit Type Total Rent: $2,400
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,037
  • Unit Type Total Rent: $2,037
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,036
  • Unit Type Total Rent: $2,036
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Wall AC: 4

Property History for 241 South Valencia Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 241 South Valencia Street

Taxable ValueLand$38,365Additions$120,682Total$159,047
Tax Record2024$2,726 ($227 / month)
Home Facts
Total Finished SqFt3,820 SqFtAbove Grade Finished SqFt3,820 SqFtLot Size5,984 SqFtStyleMulti-Family Dwelling (2-4)Year Built1962CountyORANGEAPN298-132-14

Schools near 241 South Valencia Street

This home is within La Habra City Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
El Cerrito Elementary School
PublicK to 6

Arbolita Elementary School
PublicK to 6

Washington Middle School
Public7 to 8

Sonora High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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241 South Valencia Street is a multi-family home for sale in La Habra, CA 90631. This property was listed for sale on October 2, 2024 by Bell Realty Group, it's currently listed at $1,365,000. This listing's school districts are La Habra City Elementary School District, Fullerton Joint Union High School District. Nearby schools include El Cerrito Elementary School, Arbolita Elementary School and Washington Middle School. 241 South Valencia Street is a 8-bed, 8-bath, 3,820 sqft multi-family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bell Realty Group, Richard Bell, DRE #01344469

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.