Property
Presented By: Karen Ngoc Lang Luu with Century Financial Group, Corp.;
Property is being offered via auction.
Rare opportunity to acquire up to three adjacent duplexes (6 units total) in prime La Habra locationāideal 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 todayās 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 305ā307 Grace Ave and 309ā311 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 youāre looking to expand your portfolio, execute a light value-add strategy, or secure a multi-property investment play, this duplexācombined with the neighboring opportunitiesādelivers flexibility, scalability, and long-term growth in one of North Orange Countyās established rental markets.
Presented By: Karen Ngoc Lang Luu with Century Financial Group, Corp.;
Air Conditioning Y/NYes
Common WallsNo Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringTile
Heating Y/NYes
Interior AmenitiesAll Bedrooms Down
Laundry FeaturesIn Kitchen
Total Stories1
Entry Level1
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLa Habra
Community FeaturesSidewalks
CoolingWall/Window Unit(s)
CountyOrange
DirectionsSouth of E Lambert Rd; East of Euclid St
Entry LocationFront
Garage Spaces
Garage Y/NNo
Gross Income
HOANo
HOA Fee$
HeatingWall Furnace
Insurance Expense1200
Land Lease Y/NNo
LevelsOne
Listing TermsCash, Cash to New Loan, Conventional
Lot Size Square Feet7131
Lot Size UnitsSquare Feet
MLS Area87 - La Habra
Net Operating Income29486
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
Operating Expense11970
Pool FeaturesNone
PostalCityLA HABRA
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsAuction
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameNone
Tax Lot13
Tenant PaysAll Utilities
Total Actual Rent3990
Trash Expense900
UtilitiesElectricity Available
ViewNone
Year Built1961
Year Built SourceAssessor
Building Area Total1600
Lot FeaturesRectangular Lot
Lot Size Acres0.1637
Lot Size Area7131
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Parking FeaturesAssigned
Private PoolNo
SpaNo
Total Parking0
Water SourcePublic
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School