640 Ward St, La Habra, CA 90631
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640 Ward St La Habra, CA 90631

$1,200,000 Sold Price as of 02/01/2022
  • 6 Beds
  • 6 Baths
  • 3,200 Sq.Ft.
Sold
$1,200,000 Sold Price as of 02/01/2022 Refinance Your Mortgage

Map preview of 640 Ward St, La Habra, CA 90631

Property Overview: 640 Ward St La Habra, CA has 6 bedrooms, 6 bathrooms, 3,200 living square feet and 7,845 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Orange County 4 Plex Investment Opportunity Located in La Habra. Property is composed of 2 x 2 Bed/1 Bath units and 2 X 1 Bed/1 Bath Unit. Long Term Stable Tenants with onsite gates parking. Kitchen and Bath Upgrades throughout most of the Units Coin operated Laundry that brings in additional income. This is a perfect opportunity for an Exchange Client or First Time Investor that wants to enter a stable income property market.

Listed by Brendan Maun | BRE #01883063 | TMG Realty
Last checked: 1 minute ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
7,845
HOA Dues
$0/mo
Year built
1963
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC21270362
City
La Habra
County
Orange
Time on Site
872 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,540
  • Total Rent: $1,540
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.5%
  • Gross Rent Multiplier: 17.57
  • Gross Scheduled Income: $68,280
  • Net Operating Income: $42,162
  • Gross Operating Income: $64,866
  • Vacancy Allowance: $3,414
  • Laundry Income: $622
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $23,000
  • Electric: $240
  • Gas/Fuel: $0
  • New Taxes: $13,200
  • Trash: $2,672
  • Gardener: $840
  • Insurance: $1,500
  • Professional Management: $4,800
  • Water/Sewer: $2,400
  • Other Expenses: $1,229
  • Other Expense Description: Gas

Property Details for 640 Ward St

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 7
Lot Information
  • Lot Features: Cul-De-Sac, Level with Street
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 30309120
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Heading North on Harbor turn left onto E Francis Ave and 2nd Right onto Ward Street
Neighborhood Information
  • Community Features: Suburban
View more facts & features

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Sale History for 640 Ward St

Last sold for $1,200,000 on February 1st, 2022
  • February, 2022

  • Feb 1, 2022

    Date

    Sold

    CRMLS: OC21270362

    $1,200,000

    Price

  • Dec 31, 2021

    Date

    Active

    CRMLS: OC21270362

    $1,200,000

    Price

  • October, 2019

  • Oct 11, 2019

    Date

    Canceled

    CRMLS: OC19238478

    $900,000

    Price

  • Oct 9, 2019

    Date

    Price Change

    CRMLS: OC19238478

    $900,000

    Price

  • Oct 8, 2019

    Date

    Active

    CRMLS: OC19238478

    $860,000

    Price

  • Listing provided courtesy of CRMLS

    Orange County 4 Plex Investment Opportunity Located in La Habra. Property is composed of 2 x 2 Bed/1 Bath units and 2 X 1 Bed/1 Bath Unit. Long Term Stable Tenants with onsite parking. Kitchen and Bath Upgrades throughout most of the Units Coin operated Laundry that brings in additional income. This is a perfect opportunity for an Exchange Client or First Time Investor that wants to enter a stable income property market.

  • April, 2019

  • Apr 18, 2019

    Date

    Canceled

    CRMLS: OC19071990

    $975,000

    Price

  • Apr 3, 2019

    Date

    Active

    CRMLS: OC19071990

    $975,000

    Price

  • Listing provided courtesy of CRMLS

    Owner decided to hang on to property

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Tax History for 640 Ward St

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

640 Ward St sold on February 1, 2022 for 36.36% 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 $375 per/sqft which puts the price per square foot 33.39% lower than the current median sale per square foot for the city of La Habra.

About 640 Ward St

Detailed summary of property

640 Ward St is a multi family that recently sold in La Habra, CA 90631. This multi family property offered 6 bedrooms, 6 bathrooms, roughly 3,200 living square feet, and sits on an approximately 7,845 square foot lot. 640 Ward St was first listed on ArdentRealEstateGroup.com on December 31, 2021. The homeowner sold the property for $1,200,000. 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 36.36% higher than the current median priced home. Local homes that are currently for sale include 915 W Maple Ave, 7122 Natal Dr and 7122 Natal Dr. While the average home in La Habra, CA is selling in 65 days, 640 Ward St has a days on market of 1 days. There are currently 75 homes for sale in the La Habra real estate market and 42 of them are single family homes while 23 of them are condos and 10 are townhomes. For more information on this home for sale at 640 Ward St 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 640 Ward St

Public county record property details
Beds
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Baths
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Year built
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Sq. Ft.
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Lot Size
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Stories
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Type
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Pool
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Spa
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County
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Lot#
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APN
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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
99
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%)

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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.