1001 N Harbor Blvd - Apartments FOR SALE


La Habra, CA 90631- La Habra City
$21,975,000 USD
949-270-3693
1001 N Harbor Blvd, La Habra, CA for Sale
$21,975,000 USD
Apartments - FOR SALE
1/65
null | 4.58% Cap Rate

1001 N Harbor Blvd
La Habra, CA 90631
La Habra City


HIGHLIGHTS

  • • Desirable North Orange County Location
  • • Below-Market Interest Assumable Financing
  • • Recent Roof Replacement on Majority of Buildings
  • • Potential Ability to Install In-Unit Washers & Dryers
  • • One of the Most Constant and Stable Rental Markets in Orange County
  • • Rental Lift to Market

OVERVIEW

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. North Pointe 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. Additionally, the Property presents a potential value add opportunity to install in-unit washers and dryers, a highly sought-after amenity among today’s renters. By equipping units with this upgrade, ownership can capture an estimated $150 per unit in additional monthly rental income, meaningfully enhancing the property’s net operating income and overall valuation.

FOR SALE DETAILS

PRICE

$21,975,000 USD

PRICE/SF

$402 USD /SF

# OF UNITS

61

PRICE/UNIT

$360,246

CAP RATE

4.58%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

North Pointe Villas

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.6 AC

LAND SF

113,256 SF

ZONING

R-3

APN/PARCEL ID

017-371-26

ASK ABOUT THIS PROPERTY

Matt HauserNorthmarqMore Info
949-270-3693

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Matt HauserNorthmarqMore Info
949-270-3693

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.