301 Grace Avenue
La Habra, CA, 90631 $ 830,000
Baths1.0 Sq 1,600 Monthly Estimate*
$ 5,110
Listed by Century Financial Group, Corp.
Studio for $830,000 with 1 full bath. This 1,600 square foot home was built in 1961 on a lot size of 0.1637.
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 301-303 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 305–307 Grace Ave and 309–311 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.
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FeaturesGeneralSewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Electricity Available
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1961
Tenant Pays All Utilities
View None
Stories Count 1
Levels One
Property Subtype Duplex
Gross Income 0
Community Features Sidewalks
County Orange
Net Operating Income 29486
Operating Expense 11970
Insurance Expense 1200
New Construction false
Property Type Residential Income
HOA false
Subdivision Name None
Garage Y/N false
Special Listing Conditions Auction
Status Active
Directions South of E Lambert Rd; East of Euclid St
City La Habra
Entry Location Front
Senior Community Y/N false
Number Of Units Total 2
MLS Area 87 - La Habra
Lot Size Units Square Feet
Lot Size Square Feet 7131
Number of Units Leased 2
Listing Terms Cash Cash to New Loan Conventional
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Trash Expense 900
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 13
Total Actual Rent 3990
Property Sub Type Additional Duplex
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InteriorInterior Amenities All Bedrooms Down
Flooring Tile
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features In Kitchen
Entry Level 1
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ExteriorParking Features Assigned
Lot Features Rectangular Lot
Water Source Public
Total Parking 0
Lot Size Area 7131
Number of Buildings 2
Spa false
Building Area Total 1600
Lot Size Acres 0.1637
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded FeaturesList ByCentury Financial Group, Corp.Broker
Affordability Calculator
- Monthly Principal & Interest
- $5,110
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in La Habra, CA
Average List Price $1,724,294
Percent of Sale Price 108%
About La Habra, CA 62,172 Population
6% Since 2002
$ 69,620 Median Income
35.95 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/17/2026 | $830,000 | | Listed Price |