241 Valencia St La Habra, CA 90631

This exceptional two-story, four-unit apartment building presents a compelling investment opportunity in La Habra, California. Located at 241 S Valencia St, this Class B property boasts 3,820 square feet on a 5,846 square foot lot and offers a desirable unit mix of four two-bedroom, 1.75-bathroom apartments. Built in 1962, the building features six parking spaces and benefits from separate electric and gas meters for each unit. The asking price is $1,365,000, representing a price per square foot of $370 and a 4.00% cap rate with a Net Operating Income (NOI) of $56,965. The property is part of the Valencia Park Association, providing significant advantages to the investor. HOA dues cover comprehensive management services, including onsite management, exterior maintenance, landscaping, and access to a community pool. Recent upgrades include updated electrical panels, and the building is scheduled for exterior painting. This turnkey investment offers a more passive approach to ownership, making it an ideal choice for investors seeking a low-maintenance, high-return property in a desirable Orange County location. The property's APN is 29813214 and the zip code is 90631.