309 Grace Ave , La Habra, CA 90631
$1,243,000
Est. Payment: $6,276.79/mo
2 Bed
1 Bath
1600 Sqft
Status: active | Days on site: 113
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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 309-311 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 301–303 Grace Ave and 305–307 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.

Highlights

Listed by Karen Ngoc Lang Luu , 4423862495 Century Financial Group, Corp. , 442-386-2495. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.15

Year Built

1961

County

Orange

Area

87 - La Habra

Neighborhood

None

Listing ID

PW26082941

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:1
  • Full Bathrooms:
Air Cond:Wall/Window Unit(s)
Fireplaces:
Floor:Tile
Other:All Bedrooms Down
Other:Public

Exterior Features

Lot:Rectangular Lot,No Land Lease
Garage Capacity:6
Others:2+ Total Units
Sewer:Public Sewer
Parking Features:Assigned
Principal Interest
$6,277
Taxes
$792

Home Price

$1,243,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$248,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,276.79

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,276.79 $792.41 $0.00 $7,069.20
Yearly $75,321.42 $9,508.95 $0.00 $84,830.37
Total $2,259,642.69 $285,268.50 $0.00 $2,544,911.19

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (La Habra, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-10T22:37:46.000Z

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