Duplex With Detached Second
For Sale
$2,395,000
506 Dorothea, La Habra Heights, CA 90631
Two single-level residences occupy a private, dual-access parcel with custom finishes, separate kitchens, and expansive regional views.
Property Size4,335 SF
Days on Market151
Property Features for 506 Dorothea
General Information
Standard status
Active
Size
4,335 SF
Property subtype
Duplex
Units
Unit Mix
1 x 3BR/2BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Road Access
Yes
Amenities
custom iron entry doors
dual-zone AC
motorized shades
backup generator
private hiking paths
numerous fruit trees
mature landscaping
large outdoor deck
Building Details
Building Size
4,335 SF
Year Built
1949
Buildings
2
Stories
1
Listing Agency:
Coldwell Banker Diamond
Listed By:
Jan Fiore · License #01262942
(562) 697-2241
Source:
Velocityrealtysd
Added: May 12
Changed: Oct 9
Last Checked: Oct 7 at 5:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Diamond
Investment Insights
Based on property information with market context.
This duplex property includes two detached, single-level residences on a private parcel. The primary home provides approximately 3,308 square feet with three bedrooms, an office, two baths, wide-plank white oak flooring, cedar ceilings with exposed beams, and a chef’s kitchen featuring Thermador appliances and Caesarstone countertops. The second residence contains approximately 1,025 square feet, a spacious bedroom, full bath, full kitchen, and an outdoor deck.
The property is zoned as a duplex and has access from both Dorothea and Walnut. Its elevated setting includes 300-degree views extending across Orange County, Los Angeles, and Catalina Island. Grounds include private hiking paths, fruit trees, mature landscaping, and additional unused land. Other improvements include custom iron entry doors, dual-zone AC, motorized shades, and a backup generator. The property was built in 1949.
The property is zoned as a duplex and has access from both Dorothea and Walnut. Its elevated setting includes 300-degree views extending across Orange County, Los Angeles, and Catalina Island. Grounds include private hiking paths, fruit trees, mature landscaping, and additional unused land. Other improvements include custom iron entry doors, dual-zone AC, motorized shades, and a backup generator. The property was built in 1949.
Key Highlights
- Two detached, single‑level residences totaling approximately 3,308 SF and 1,025 SF
- Duplex zoning with access from both Dorothea and Walnut
- Primary residence includes 3 bedrooms, an office, and 2 baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,438
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,828,760
$1.8M
Cap Rate 7%
$1,306,257
$1.3M
Cap Rate 9%
$1,015,978
$1.0M
Market Conditions
NOI Build-Up for 4,335 SF
Gross rent
$135.3K $31.20/SF
− Vacancy
−$4.6K −$1.07/SF
EGI
$130.6K $30.13/SF
− OpEx
−$39.2K −$9.04/SF
NOI
$91.4K $21.09/SF
Area
Orange County, CA
Vacancy
3.42%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,828,760
Cap Rate 7%
$1,306,257
Cap Rate 9%
$1,015,978
Alternative Uses
Best Use
Multifamily LT 5
$1.31M
$1.14M – $1.52M
NOI $91,438 @ 7.0% cap · market cap 3.82%
Second Best
Apartment 5plus
$1.18M
$1.03M – $1.38M
NOI $82,743 @ 7.0% cap · market cap 3.45%
Theoretical Best
Office A
$1.46M
$1.27M – $1.70M
NOI $101,923 @ 7.0% cap · market cap 4.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
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Business Placement
Demographics for 90631, CA
69,533
Population
23,390
Households
3
Avg Household Size
38
Median Age
32%
College-Educated
86%
High-School Grad
14.0 sq mi
ZIP Area
4,967
Density / Sq Mi
$102,208
Median Household Income
$46,334
Median Earnings
$2,029
Median Rent
$757,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two single-level residences occupy a private, dual-access parcel with custom finishes, separate kitchens, and expansive regional views.
Where is this duplex located?
The property is located at 506 Dorothea La Habra Heights, CA.
What is the asking price?
The asking price for this property is $2,395,000.
What are key features of this property?
This property features: Two detached, single‑level residences totaling approximately 3,308 SF and 1,025 SF; Duplex zoning with access from both Dorothea and Walnut; Primary residence includes 3 bedrooms, an office, and 2 baths
