Occupied Quadplex with On-Site
For Sale
Contact for pricing
630 Ward St, La Habra, CA 90631
Four occupied units offer a one- and two-bedroom mix, laundry facilities, and on-site parking in La Habra.
Property Size3,344 SF
Price / SF$444.08
Days on Market161
Property Features for 630 Ward St
General Information
Standard status
Active
Size
3,344 SF
Property subtype
Multifamily
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$65,919
Additional Details
Highway Access
Yes
Multifamily Units
4
Amenities
on-site laundry
Building Details
Year Built
1963
Buildings
1
Stories
2
Units
4
Listing Agency:
Strands Realty Group
Listed By:
Erik Ransdell · License #CA 02077589
Source:
Crexi
Added: Mar 23
Changed: Aug 30
Last Checked: Aug 30 at 3:45AM
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 Strands Realty Group
Investment Insights
Based on property information with market context.
This 3,344-square-foot quadplex, built in 1963, contains four occupied residential units with a mix of one- and two-bedroom floor plans. On-site laundry and parking serve the property’s residents, while the limited renovation history leaves both interior and exterior improvements to be considered by a future owner.
The property is located in La Habra near Imperial Highway and Stater Bros. Access to the 57, 60, and 91 freeways connects the site with employment centers across Orange County, Los Angeles, and the Inland Empire. Consistent occupancy and the existing unit mix provide a straightforward multifamily configuration in a residential setting.
The property is located in La Habra near Imperial Highway and Stater Bros. Access to the 57, 60, and 91 freeways connects the site with employment centers across Orange County, Los Angeles, and the Inland Empire. Consistent occupancy and the existing unit mix provide a straightforward multifamily configuration in a residential setting.
Key Highlights
- 3,344‑square‑foot quadplex built in 1963
- Four occupied residential units
- Mix of one- and two‑bedroom units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$70,535
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,410,700
$1.4M
Cap Rate 7%
$1,007,643
$1.0M
Cap Rate 9%
$783,722
$783.7K
Market Conditions
NOI Build-Up for 3,344 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$104.3K $31.20/SF
− Vacancy
−$3.6K −$1.07/SF
EGI
$100.8K $30.13/SF
− OpEx
−$30.2K −$9.04/SF
NOI
$70.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,410,700
Cap Rate 7%
$1,007,643
Cap Rate 9%
$783,722
Alternative Uses
Best Use
Multifamily LT 5
$1.01M
$881.7K – $1.18M
NOI $70,535 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$911.8K
$797.9K – $1.06M
NOI $63,828 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$1.12M
$982.8K – $1.31M
NOI $78,623 @ 7.0% cap · market cap 5.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,133
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four occupied units offer a one- and two-bedroom mix, laundry facilities, and on-site parking in La Habra.
Where is this quadplex located?
The property is located at 630 Ward St La Habra, CA.
What is the asking price?
The asking price for this property is $1,485,000.
What are key features of this property?
This property features: 3,344‑square‑foot quadplex built in 1963; Four occupied residential units; Mix of one- and two‑bedroom units
