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414 W Olive Avenue, La Habra, California 90631, La Habra, 90631 - bed, bath

414 W Olive Avenue, La Habra, California 90631 home-pic-0
ACTIVE$1,040,000
414 W Olive Avenue, La Habra, California 90631
0Bed
0Bath
1,760Sqft
13,515Lot
Year Built
1947
Close
-
List price
$1.04M
Original List price
$1.73M
Price/Sqft
$591
HOA
-
Days on market
-
Sold On
-
MLS number
PW25079542
Home ConditionPoor
Features
Good View: Trees/Woods
Patio
ViewTrees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $1.04M(50th), sqft - 1760(33th), beds - undefined(50th), baths - undefined(50th).

Developer/Investor Opportunity. Zoned R4. Two Houses. Two separate parcel numbers each zoned R4. . 414 W Olive Ave, La Habra. Parcel #298-081-03 is a 2 Bedroom 1 bath house with 920 square feet on a 7,310 lot. The second home is 418 W Olive Ave, La Habra. Parcel # 298-081-05 with 2 bedrooms and 1 bath house with 840 square feet on a 6,205 square foot lot. The two homes are being SOLD TOGETHER. Total lot size is 13,515. VERY PRIVATE LOT!!! Not visible from the street. Sits up high with a peaceful open feel and view of trees. Tons of potential for income property. Check with the city of La Habra to see what you can build and all information on the property and any tax assessments if any. Close access to all shopping, schools, and Brea Mall.

Price History

Date
Event
Price
10/27/25
Price Change
$1,040,000-15.1%
08/18/25
Price Change
$1,225,000
04/11/25
Listing
$1,725,000
Condition Rating
Poor
Built in 1947, this property shows extensive wear and tear with no apparent major renovations in many decades. The kitchens feature very old wooden cabinets, dated laminate countertops, and older white appliances. Flooring consists of worn tile, old patterned carpet, and dated linoleum. Light fixtures are basic and old-fashioned. The overall condition indicates a need for substantial repairs and rehabilitation, aligning with the 'Poor' category, as the property is likely uncomfortable and requires significant modernization or potential demolition to be viable for modern living.
Pros & Cons

Pros

Exceptional Development Potential: Zoned R4 across two separate parcels totaling 13,515 sq ft, offering significant opportunity for multi-unit development or expansion in a desirable area.
Dual Income-Generating Property: Features two existing 2-bedroom, 1-bath homes on separate parcels, providing immediate rental income or flexible multi-generational living arrangements.
Substantial Combined Lot Size: A generous combined lot of 13,515 square feet provides ample space for future development, expansion, or creating desirable outdoor amenities.
Enhanced Privacy & Scenic Views: Positioned on a very private lot, not visible from the street, offering a peaceful setting with pleasant tree views.
Strategic Location Access: Conveniently located with close access to shopping centers, schools, and the Brea Mall, enhancing its appeal to potential tenants or future residents.

Cons

Age of Existing Structures: Built in 1947, the homes likely require substantial renovation, modernization, or potential demolition to fully capitalize on the R4 zoning and market appeal.
Extensive Due Diligence Required: The listing explicitly advises buyers to verify building potential and city regulations, indicating potential complexities and unknown costs for development or renovation.
Modest Individual Unit Sizes: The current homes are relatively small (920 sq ft and 840 sq ft), which may limit their immediate rental market appeal or require significant investment for upgrades to meet modern tenant expectations.

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