301 Grace Avenue, La Habra, California 90631, La Habra, 90631 - 0 bed, 0 bath
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La Habra, California 90631
This Residential Income Duplex represents a High-Potential Investment Opportunity with a List Price of $830,000—positioned well below the $928,400 Fair Market Value by 10%. This valuation gap provides $98,400 in Instant Equity for buyers. Featuring a Condition Rating of 4, the asset offers significant Value-Add potential through modernization and stabilizing below-market rents. With the rare ability to acquire adjacent units for economies of scale, this property is a strategic acquisition for Buy-and-Hold Investors or Portfolio Managers seeking long-term growth in North Orange County.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 301 Grace Avenue Subject | $830,000* List Price | 0 | 0 | 1,600 | $580 | - |
A 329 E Florence Sold | $810,000 | 0 | 0 | 1,600 | $506 | 0.8 mi |
B 305 Grace Avenue Active | $830,000 List Price | 0 | 0 | 1,600 | $519 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, this duplex is explicitly described as a value-add opportunity with aging infrastructure and below-market rents, suggesting that the kitchens and bathrooms are dated and have not undergone recent major renovations. While the exterior appears maintained and the units are functional, the property's age and the need for modernization to achieve market-rate returns align with the fair condition category.
The property offers a rare opportunity to acquire up to three adjacent duplexes (6 units total), allowing investors to achieve immediate economies of scale and management efficiency.
Currently generating below-market rents, this asset presents a compelling value-add opportunity to strategically increase income and enhance overall returns in a high-demand market.
Located in an established North Orange County neighborhood near shopping, dining, and schools, the property is highly desirable for tenants, ensuring long-term stability.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1600, other record living area = 800.
The property is being offered via auction, which may involve specific terms, buyer premiums, or financing constraints that differ from traditional real estate transactions.
Built in 1961, the property may require capital improvements or modernization to address deferred maintenance and compete with newer rental inventory.
Property is being offered via auction. Rare opportunity to acquire up to three adjacent duplexes (6 units total) in prime La Habra location—ideal for investors seeking scale, upside, and long-term appreciation. This exceptional duplex, located at 301-303 Grace Ave, is a premier investment opportunity in the heart of La Habra. Situated within the established Tract 715 neighborhood, this property offers a rare blend of stable income, upside potential, and long-term investment value. The property features two well-proportioned 2-bedroom, 1-bathroom units, each offering comfortable living layouts, abundant natural light, and functional floor plans ideal for today’s rental demand. With separate living spaces and strong tenant appeal, this duplex is perfectly suited for both seasoned investors and owner-occupants seeking supplemental income. Currently generating below-market rents, this asset presents a compelling value-add opportunity with significant upside potential. Market trends in La Habra support higher rental rates for comparable units, allowing a new owner to strategically increase income over time and enhance overall returns. This offering is uniquely positioned alongside two additional duplexes located at 305–307 Grace Ave and 309–311 Grace Ave, creating a rare chance to acquire three adjacent duplexes (total of 6 units). Opportunities like this are exceptionally limited in this area and provide investors with the ability to achieve economies of scale with contiguous ownership; increase operational efficiency and long-term management ease; maximize rental upside across a larger asset base; create a strong, consolidated footprint in a high-demand rental pocket Positioned on a generous lot in a quiet residential setting, the property benefits from its proximity to shopping, dining, schools, and major transportation corridors, making it highly desirable for tenants and future appreciation alike. Whether you’re looking to expand your portfolio, execute a light value-add strategy, or secure a multi-property investment play, this duplex—combined with the neighboring opportunities—delivers flexibility, scalability, and long-term growth in one of North Orange County’s established rental markets.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,600 | 1,763.5 | 50% |
| Lot Size | 7,131 | 7,703.5 | 50% |
| Price | $830.0K | $980.0K | 50% |
| Price per sq ft | $519 | $512 | 50% |
| Built year | 1961 | 1955 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 74 | 25% |
Apr 16, 2026
$830,000
Initial Listing
Nov 6, 2018
$1,775,000
Public Record
May 23, 2018
$1,375,000
Public Record