309 Grace Ave

La Habra, CA 90631
  • $830,000

    Price
  • 2

    Bed
  • 1

    Bath
  • 1,600

    SqFt

About the Listing PB20347 - PWLUUKAR

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.

Listing Highlights

Status Active
Days on Site 33
Property Type Multi-Family
MLS ® PW26082941
Year Built 1961
Total Square Footage 1,600
Lot/Acreage 0.15
County Orange
Neighborhood None

Interior Details

  • Bedrooms: 2
  • Bathrooms: 1 Full
  • Appliances:
  • Air Cond: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor: Tile
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: All Bedrooms Down
  • Water: Public

Exterior Details

  • Lot Description: Rectangular Lot,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 6
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Assigned

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 01909218
  • Tax Year: N/A

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Questions About..

309 Grace Ave La Habra, CA 90631

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Originating MLS: CRMLS

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