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Ready-to-issue (RTI) four-unit project on a corner lot in Orange County at 504 E. 3rd Avenue in La Habra! The approximately 5,640-square-foot lot currently features a two-bedroom, one-bathroom single-family residence with approximately 618 square feet, built in 1921. The current property is livable and financeable. The planned build offers 3,348 square feet of residential living space, including a 1,248-square-foot main residence, an attached 500-square-foot ADU, an 800-square-foot ground-floor ADU, and an 800-square-foot SB 9 residence above, for a total of 4 units. Projected gross rental income upon completion is approximately $11,000 per month ($132,000 annually). An opportunity for investors and builders to acquire a project with the planning and design work in place and build a rental income property. Plans call for demolition of the existing residence under a separate permit. Plans available for review. Ready-to-issue (RTI) four-unit project on a corner lot in Orange County at 504 E. 3rd Avenue in La Habra! The approximately 5,640-square-foot lot currently features a two-bedroom, one-bathroom single-family residence with approximately 618 square feet, built in 1921. The current property is livable and financeable. The planned build offers 3,348 square feet of residential living space, including a 1,248-square-foot main residence, an attached 500-square-foot ADU, an 800-square-foot ground-floor ADU, and an 800-square-foot SB 9 residence above, for a total of 4 units. Projected gross rental income upon completion is approximately $11,000 per month ($132,000 annually). An opportunity for investors and builders to acquire a project with the planning and design work in place and build a rental income property. Plans call for demolition of the existing residence under a separate permit. Plans available for review.
Listing courtesy of Listing Agent: Paul Purunjian (562-225-5728) from Listing Office: Purunjian Inc..
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