761 S Rosecrest Avenue, La Habra, California 90631, La Habra, 90631 - 3 bed, 2 bath

761 S Rosecrest Avenue, La Habra, California 90631 home-pic-0
ACTIVE$735,000
761 S Rosecrest Avenue, La Habra, California 90631
3Beds
2Baths
1,400Sqft
6,634Lot
Year Built
1957
Close
-
List price
$735K
Original List price
$735K
Price/Sqft
$525
HOA
-
Days on market
-
Sold On
-
MLS number
PW25117349
Home ConditionPoor
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 31% below the list price. We found 4 Cons,5 Pros. Rank: price - $735.0K(10th), sqft - 1400(29th), beds - 3(49th), baths - 2(50th).

Home has been rented for 45 years and needs some work. Great opportunity for a "Fix and Flip" and we are only looking for an all cash offer without contingencies other than subject to inspection. Owner has upleg found for 1031 exchange and this sale is subject to getting that property. Home needs a roof soon and there is some facia that needs replacing and exterior paint. Buyer must assume month to month tenant as owner will not vacate property for buyer. This is one of three properties the owner is trying to sell in order to purchase upleg property. This seller is listing 12311 Moline, Whittier for $625,000 and 14548 Busby, Whittier for $630,000 as part of this wholesale package that proceeds will be used for upleg building and is contingent upon selling all and obtaining upleg.

Price History

Date
Event
Price
09/19/25
Sold
$700,000
Condition Rating
Poor

The property, built in 1957 and rented for 45 years, is explicitly marketed as a 'Fix and Flip' opportunity, indicating a need for substantial repairs and rehabilitation. The listing states it 'needs a roof soon,' 'facia that needs replacing,' and 'exterior paint.' While the kitchen has some newer stainless steel appliances and recessed lighting, the cabinets, laminate countertops, and tile flooring are dated. The bathrooms also feature dated fixtures, tiles, and vanities, despite some minor updates like laminate flooring in one. The overall condition, as described and seen in the images, points to significant deferred maintenance and major components requiring repair, aligning with the 'Poor' condition criteria.
Pros & Cons

Pros

Significant Renovation Potential: Explicitly marketed as a 'Fix and Flip' opportunity, indicating substantial value-add for investors willing to undertake extensive renovations.
Motivated Seller: The seller's need for a 1031 exchange and the sale being contingent on acquiring an 'upleg' property suggests a strong impetus to close the deal.
Established Location: Situated in La Habra, California, a recognized Southern California city, offering a stable and potentially appreciating market for investment.
Generous Lot Size: The 6,634 sqft lot provides ample outdoor space, a desirable feature for residential properties and potential for expansion.
Standard Configuration: With 3 bedrooms and 2 bathrooms, the property offers a practical and common layout that appeals to a broad range of potential buyers or renters after renovation.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-09-19. The sold price is $700,000.00.
Extensive Deferred Maintenance: The property explicitly 'needs some work,' including a new roof, fascia replacement, and exterior paint, requiring substantial immediate capital investment.
Tenant Occupied with No Vacancy: The buyer must assume a month-to-month tenant, which complicates immediate renovation plans or owner-occupancy and adds a layer of management.
Complex & Restrictive Sale Conditions: The requirement for an 'all cash offer without contingencies' (other than inspection) and the sale being contingent on the seller's 1031 exchange and 'upleg' acquisition significantly narrows the buyer pool and introduces closing uncertainty.

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