
La Habra, California 90631
This Single-Story Residential Asset represents a Strong Value Opportunity, listed at $825,000—positioned well below the $806,693 Fair Market Value by -2%. While the home features recent cosmetic updates, its Fair Condition Rating reflects original kitchen and bathroom finishes, providing a clear path for value-add renovations. The property includes a private backyard with a producing pomegranate tree and mature tree views. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 331 E. Olive Ave. Subject | $775,000* List Price | 3 | 2 | 1,176 | $669 | - |
A 111 E Olive Sold | $750,000 | 3 | 2 | 1,169 | $642 | 0.1 mi |
B 300 Buena Vista Avenue Sold | $840,000 | 4 | 2 | 1,217 | $690 | 0.5 mi |
C 401 Buena Vista Sold | $845,000 | 3 | 2 | 1,169 | $723 | 0.5 mi |
D 531 Rye Avenue Sold | $799,900 | 3 | 2 | 1,219 | $656 | 0.5 mi |
E 220 S Dexter Street Sold | $845,000 | 3 | 2 | 1,210 | $698 | 0.8 mi |
F 621 S Olive Avenue Sold | $873,000 | 3 | 2 | 1,260 | $693 | 0.1 mi |
G 1021 Keene Sold | $832,500 | 3 | 2 | 1,153 | $722 | 0.7 mi |
H 401 Keene Drive Sold | $870,000 | 3 | 2 | 1,400 | $621 | 0.6 mi |
I 340 Penmar Pending | $874,950 List Price | 3 | 2 | 1,221 | $717 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1963 build that has received recent cosmetic updates including fresh interior paint, new carpeting, and wood laminate flooring, giving it a move-in-ready feel. However, the kitchen and bathrooms are original or significantly dated (well over 30 years old), and the home relies on a wall-mounted AC unit rather than a modern central HVAC system. While well-maintained, the 'Fair' rating is applied as the primary systems and wet areas require modernization to meet current standards.
The home features fresh interior paint, new bedroom carpeting, and attractive wood laminate flooring, providing a clean and immediate move-in experience for the new owner.
A desirable single-level floor plan with direct garage access and a raised foundation offers excellent accessibility and a seamless flow between indoor and outdoor living spaces.
The property boasts a well-maintained lawn, a private backyard with a producing pomegranate tree, and newer low-maintenance vinyl fencing that enhances both security and aesthetic appeal.
The kitchen and bathrooms are in original condition and require modernization to meet current design trends, which will necessitate additional capital investment.
The residence relies on a wall-mounted AC unit in the living room rather than a full central HVAC system, which may lead to inconsistent cooling in the bedrooms during summer months.
Welcome to 331 E. Olive Avenue in the heart of La Habra, offering an excellent opportunity to own a well-maintained single-story home and personalize it to your own taste. Situated on a raised foundation, this charming residence features an attached two-car garage with direct access, built-in storage shelving, and a convenient laundry area. Inside, you'll find a spacious living room with a large sliding glass door that fills the home with natural light and opens to the private backyard. Just off the kitchen is a dedicated dining area, creating a comfortable space for everyday meals and entertaining. Fresh interior paint, attractive wood laminate flooring throughout the main living areas, and brand-new carpet in each bedroom provide a clean, move-in-ready feel. Each bedroom is equipped with ceiling fans for year-round comfort, while a newer wall-mounted air conditioning unit keeps the living room comfortable during warmer months. The kitchen and bathrooms offer an ideal opportunity for the next owner to update and customize them to reflect their own style and today's design trends while building instant equity. Step outside to enjoy a lush green front lawn and a private backyard featuring mature grass and a producing pomegranate tree—perfect for relaxing, gardening, or entertaining family and friends. Newer vinyl side and rear gates provide attractive, low-maintenance access while enhancing the home's privacy and curb appeal. Conveniently located near neighborhood parks with basketball and pickleball courts, schools, shopping, dining, and commuter routes, this home offers the ideal combination of comfort, potential, and location. Whether you're a first-time buyer, investor, or someone looking to customize a home to your exact vision, 331 E. Olive Avenue is a fantastic opportunity you won't want to miss.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.1 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,176 | 1,420.685 |
| Lot Size | 5,724 | 6,553.648 |
| Price | $775.0K | $946.2K |
| Price per sq ft | $659 | $599 |
| Built year | 1963 | 1958 |
| HOA | $0 | $356 |
| Days on market | 33 | 46 |
Sep 7, 2026
$775,000
$799,000
-3% Price Drop
Initial Listing
Aug 16, 2026
$799,000
$825,000
-3% Price Drop
Initial Listing
Aug 7, 2026
$825,000
Initial Listing