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540 La Cadena Way, La Habra, CA 90631
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540 La Cadena Way La Habra, CA 90631

$2,020,000 Sold Price as of 08/10/2023
  • 12 Beds
  • 8 Baths
  • 5,271 Sq.Ft.
Sold
$2,020,000 Sold Price as of 08/10/2023 Refinance Your Mortgage
Map preview of 540 La Cadena Way, La Habra, CA 90631

Property Overview: 540 La Cadena Way La Habra, CA has 12 bedrooms, 8 bathrooms, 5,271 living square feet and 9,148 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Eight-unit apartment building located in the City of La Habra, Just south of Whittier Blvd. and East of Beach Blvd. with a strong rental market. Close to many of the popular downtown areas in Orange County, and about 26 miles west of downtown Los Angeles. The property's unit mix comprised of four 2 bedrooms units and 4 four 1-bathroom units totaling 5,271 Square feet of living space on a 19,191 square foot lot. Separate electric meters, car ports with storage cabinets, an enclosed storage car port, gust parking and a laundry room.

Listed by John Chesshire | BRE #00922652 | The Shire Real Estate Group
Last checked: 57 seconds ago | Last updated: August 11th, 2023 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
9,148
HOA Dues
$0/mo
Year built
1963
Garage
1 Car
Property Type:
Apartment
Status
Sold
MLS#
PW23078048
City
La Habra
County
Orange
Time on Site
346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Electric Meters: 9
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,677
  • Total Rent: $1,677
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,237
  • Total Rent: $1,237
  • Pro Forma/Market Rent: $16,505
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,677
  • Total Rent: $1,677
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,677
  • Total Rent: $1,677
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,237
  • Total Rent: $1,237
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,237
  • Total Rent: $1,237
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,677
  • Total Rent: $1,677
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,237
  • Total Rent: $1,237
  • Pro Forma/Market Rent: $1,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6%
  • Gross Rent Multiplier: 16.3
  • Gross Scheduled Income: $139,872
  • Net Operating Income: $103,577
  • Gross Operating Income: --
  • Vacancy Allowance: $5,179
  • Gross Spendable Income: $103,577
Annual Expense Breakdown
  • Total Operating Expense: $36,295
  • Electric: $3,011
  • Gas/Fuel: $0
  • Trash: $0
  • Gardener: $1,660
  • Insurance: $6,821
  • Maintenance: $24,091
  • Professional Management: $7,161
  • Water/Sewer: $0

Property Details for 540 La Cadena Way

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area, Gas Dryer Hookup, Individual Room, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Vinyl
  • Galley Kitchen
Kitchen Information
  • Has Appliances
  • Gas Range, Water Heater Central
Interior Features
  • Formica Counters
  • Levels: Two
  • Window Features: Blinds
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Carport
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 01804134
  • Year Built Source: Assessor
  • Entry Level: 2
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Unknown
  • Directions: East of Beach Blvd
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local La Habra Agent

Sale History for 540 La Cadena Way

Last sold for $2,020,000 on August 10th, 2023

  • August, 2023

  • Aug 10, 2023

    Date

    Sold

    CRMLS: PW23078048

    $2,020,000

    Price

  • May 18, 2023

    Date

    Active

    CRMLS: PW23078048

    $2,280,000

    Price

Tax History for 540 La Cadena Way

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

540 La Cadena Way sold on August 10, 2023 for 159.09% higher than the current median sold price for the city of La Habra which is $880,000. The median sold price per/sqft for La Habra is $563 and this home is sold at $432.56 per/sqft which puts the price per square foot 23.17% lower than the current median sale per square foot for the city of La Habra.

About 540 La Cadena Way

Detailed summary of property

540 La Cadena Way is a apartment that recently sold in La Habra, CA 90631. This apartment offered 12 bedrooms, 8 bathrooms, roughly 5,271 living square feet, and sits on an approximately 9,148 square foot lot. 540 La Cadena Way was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $2,020,000. Home in La Habra are selling for a median price of $880,000 and a median price per square foot of $563. Based on Ardent Real Estate Group's La Habra Market Data, this home is sold 159.09% higher than the current median priced home. Local homes that are currently for sale include 12642 Kalnor Ave, 602 E Wilhelmina St and 119 S Delano St. While the average home in La Habra, CA is selling in 64 days, 540 La Cadena Way has a days on market of 4 days. There are currently 81 homes for sale in the La Habra real estate market and 46 of them are single family homes while 25 of them are condos and 10 are townhomes. For more information on this home for sale at 540 La Cadena Way La Habra, CA 90631 contact Ardent Real Estate Group and we will put you in touch with one of our La Habra agents.

Public Facts for 540 La Cadena Way

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90631 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$895,000
Median List Price/Sq.Ft.
$525
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$551
Total Inventory
105
Median Sale to List Price %
105.56%
Avg Days on Market
14
Loan Type
Conventional (71.43%), FHA (0%), VA (0%), Cash (8.57%), Other (14.29%)

Thinking of Selling?

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0 Baths
3782 Sq.Ft.
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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