Historical Multifamily Sale Listing - La Habra Inn

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La Habra Inn

700 N Beach Blvd, La Habra, CA 90631

N/A

70 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
70
Building Size:
21,000 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
6.40%
No. Stories:
2
Year Built:
1963
Lot Size:
2.30 AC
Listing ID
18532274
Last Updated
45 days ago

Description

La Habra Inn consists of three two-story senior housing buildings. There are 70 units with single room occupancy for Seniors 55 and older, 61 of which are for very low income, 6 are for low income, and 3 are for moderate income. Voit Real Estate Services has been exclusively retained to offer for sale the 100 percent fee ownership in the residential property, located at 600-730 N. Beach Blvd. in La Habra, California. The Property consists of three (3) two story senior apartment / low income housing buildings, a commercial building and a restaurant building on 3.0 acres. The subject property is located at the northeast corner of Beach Boulevard and Gregory Lane in the city of La Habra.The Property is currently improved with 31,238 square feet of development, of which 21,000 square feet consist of housing and 10,238 square feet of commercial product consisting of a restaurant and banquet facility, which provides a stable income stream to the prospective buyer The apartment units offer rental upside to a new buyer.

660 N Beach St, La Habra, CA 90631; 620 N Beach St, La Habra, CA 90631

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