710 Rye, La Habra, California 90631, La Habra, 90631 - 5 bed, 3 bath
ACTIVE$1,100,000
710 Rye, La Habra, California 90631
5Beds
3Baths
2,265Sqft
6,300Lot
Year Built
1959
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$486
HOA
-
Days on market
-
Sold On
-
MLS number
PW25273940
Home ConditionFair
Features
Patio
View-
About this home
Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $1.10M(60th), sqft - 2265(74th), beds - 5(88th), baths - 3(63th).
RARE INVESTOR OPPERTUNITY!! to purchase property with a long term tenant. This property is currently being used and operated as an assisted living facility. Current tenant has been leasing the property for more than 10 years. The operator will commit to a long term lease of at least 5-10 years with a new property owner. The property is over 2200 sq-ft. and consists of 7 bedrooms, 3 bathrooms, large activity room, and a covered backyard patio.
Price History
Date
Event
Price
12/10/25
Listing
$1,100,000
04/01/14
Sold
$420,000
09/13/13
Sold
$378,500
04/11/06
Sold
$668,000
Condition Rating
Fair
The property was built in 1959, making it 65 years old. While it is currently functional as an assisted living facility, there is no indication of recent extensive renovations. The property analysis highlights its age as a weakness, suggesting potential needs for updates to aging systems (plumbing, electrical, HVAC). The single exterior image shows a maintained but dated appearance. Without interior photos, especially of the kitchen and bathrooms, it's reasonable to assume these areas, along with other major components, are functional but likely outdated in style and features, requiring minor to moderate updates for a typical residential buyer. It does not appear to have significant defects that would render it 'Poor' or 'Tear-down' as it is actively in use.
Pros & Cons
Pros
Guaranteed Income Stream: The property comes with a long-term tenant (10+ years) operating an assisted living facility, ensuring immediate and stable rental income for an investor.
Long-Term Lease Commitment: The current operator is willing to sign a new lease for 5-10 years, providing excellent income stability and predictability for the new property owner.
Established Business Operation: The property is already successfully operating as an assisted living facility, reducing startup risks and offering a turnkey investment in this niche.
Spacious & Functional Layout: With 7 bedrooms, 3 bathrooms, a large activity room, and 2265 sqft, the property is well-configured for its current commercial use, maximizing its utility and potential revenue.
Covered Outdoor Space: The covered backyard patio offers a valuable outdoor amenity for residents, enhancing the property's appeal and functionality for its current use.
Cons
Property Age: Built in 1959, the property is over 60 years old, potentially requiring significant capital expenditures for updates to aging systems (plumbing, electrical, HVAC) or general maintenance.
Specialized Configuration: The layout, while ideal for an assisted living facility, may not suit a traditional single-family residence buyer without extensive and costly renovations, potentially limiting the future resale market.
No View: The property lacks any notable views, which can be a disadvantage in the residential market, especially for a property at this price point.