Investment Overview

Marcus & Millichap is pleased to exclusively present the opportunity to acquire 1301 Burwood Street in the city of La Habra, California. Constructed in 1964, the 4-unit multifamily investment property sits on rectangular 0.16 acres (7,204 square feet) parcel with a building area of 3,756 square feet. The property consists of four two-bedroom/two-bathroom floor plans with approximately 939 square feet per unit. The two-story property features four single-car garages, two open parking spaces, on-site laundry facility (owned), shared awning area with BBQ grill, and secured entrances. Each unit offers wall-unit air conditioning and there is a central hot water heater. All units are individually metered for gas and electricity. The property is centrally located close to major highways and freeways including the 90 Imperial Highway, Santa Ana Freeway, and Highway 57, making it easy to access neighboring cities and attractions. With a very walkable score of 71, the neighborhood offers a variety of shopping centers within walking distance of the property, such as Target, T.J. Maxx, Walmart Supercenter, Amazon Fresh, Sam’s Club, and the Imperial Promenade. Most of which are located 1.5 mile west of the property, at the signalized intersection of Imperial Highway and Beach Boulevard that have an annual average daily traffic count of over 90,000. Additionally, the city is well-served by both the Fullerton Joint Union High School District and the La Habra City School District, providing a wide range of educational institution options within two-mile radius of the property. For outdoor recreational activities, the property is surrounded by well-maintained parks and golf courses including Laguna Lake Park, La Bonita Park, Westridge Golf Club, and Fullerton Golf Course. Located in the northwest corner of Orange County, the city of La Habra is known for its pleasant suburban atmosphere, diverse community, and convenient access to various amenities and attractions. The city takes pride in its historical landmark, Boulevard of Bells, the bells and plaque at the corner of La Habra Boulevard and Euclid Street marks “La Habra’s Birthplace”. La Habra also hosts various cultural festivals throughout the year, including its annual world-famous Corn Festival that attracts thousands of visitors with live entertainment, carnival rides, and delicious food. The city’s diverse dining options and shopping centers add to its neighborhood charm, while its proximity to beautiful Southern California beaches and the San Gabriel Mountains provides ample opportunities for outdoor adventure. Overall, La Habra offers a balanced lifestyle for residents, with a strong sense of community, great educational system, recreational opportunities, and easy access to urban amenities and natural beauty.