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130 North Valley Home Avenue is a 12-unit multifamily investment property located in La Habra, California. Built in 1959, the property contains approximately 6,932 net rentable square feet on a 0.35-acre parcel and features a unit mix of 8 one-bed/one-bath and 4 two-bed/one-bath residences. Eight of the 12 units have been renovated, while the 4 remaining unrenovated units currently reflect the property’s lowest rents, providing a clear opportunity for a new owner to continue the renovation program and capture additional rental upside. In addition, 10 units are expected to be eligible for rent increases beginning January 1, 2027, subject to applicable rent regulations and notice requirements, providing further near-term income growth potential. Current ownership has also completed a number of significant capital improvements, including a roof replacement in 2015, new electrical subpanels and PEX plumbing in 2021, as well as new dual-pane windows, exterior stucco and paint, and recoated walkways. These improvements, combined with the property’s well-maintained condition, reduce the scope of near-term capital needs while providing a strong physical foundation for continued ownership. The buildings are arranged around a landscaped central courtyard and feature on-site laundry and ample parking. The property provides 19 parking spaces, consisting of 12 carport spaces, 6 surface spaces and 1 garage space, equating to more than 1.5 spaces per unit. The combination of completed capital improvements, renovated units, remaining rental upside and substantial parking positions 130 North Valley Home Avenue as a compelling multifamily investment in the La Habra market.

OC26240328 MLS ⋅ Active Status

130 N Valley Home Avenue, La Habra

$7,500,000

We are proud to present the Walnut Apartments; a pride of ownership 22 unit apartment community located in a prime La Habra, Orange County location. The subject property possess an excellent and diverse unit mix of: 7 (3+1.75), 10 (2+1), and 5 (1+1). Additionally, all of the units are separately metered for gas and electric, plus are RUBS are in place with the tenants offsetting landlord utility bills and improving cash flow. There is is also a common laundry room providing the landlord with additional income. The subject property electrical system has been upgraded with newer exterior electrical panels and interior sub panels for all units - a key upgrade required for securing property insurance. Some of the units have been renovated with a combination of new kitchens with new cabinetry, counter tops and fixtures and new bathrooms. Some units have private patios which is a highly coveted tenant amenity along with a sparking pool. Please see attached supplements for marketing brochure containing additional information: rent roll, operating expenses and photos. The Walnut Apartments are being offered at an in place 5.36% CAP rate and 11.3 GRM, with upside to a 6.4 CAP rate and 10.08 GRM on proforma rents, ensuring immediate, and future, returns for a savvy multifamily investor.

PW26219075 MLS ⋅ Active Status

911 N Walnut Street, La Habra

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.

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