DRIVE BY ONLY, PLEASE DO NOT WALK THE PROPERTY WITHOUT APPROVAL. Assumable 2.73% financing, 6 years interest only.
North Pointe Villas is a well-maintained, garden style apartment community located at 1001 North Harbor Boulevard in the heart of La Habra, California. Originally built in 1969, the property features 60 spacious apartment homes spread across approximately 2.53 acres of landscaped grounds. With a total of 54,664 square feet, the community offers a thoughtfully balanced unit mix designed to meet a variety of lifestyle needs. The property includes (26) one-bedroom, one-bath units; (33) two-bedroom, one-and-a half bath units; and(1) three-bedroom, one-and-three-quarter bath unit.
This offering presents the rare opportunity to acquire a well maintained multifamily asset in one of Orange County’s most stable and resilient rental markets. North Pointe Villas benefits from immediate rental upside potential, with current in-place rents positioned below market levels—allowing for increased income through strategic rent adjustments. Additionally, the property offers the advantage of assumable below-market rate financing, providing strong in-place cash flow and attractive leverage, enhancing both near-term returns and long-term investment performance.