CnC Realty
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$1,243,000

309 Grace Avenue

La Habra, CA 90631

Active

1961

Year Built

Orange

County

Duplex

Property Type

About this home

Property is being offered via auction. Rare opportunity to acquire up to three adjacent duplexes (6 units total) in prime La Habra location—ideal for investors seeking scale, upside, and long-term appreciation This exceptional duplex, located at 309-311 Grace Ave, is a premier investment opportunity in the heart of La Habra. Situated within the established Tract 715 neighborhood, this property offers a rare blend of stable income, upside potential, and long-term investment value. The property features two well-proportioned 2-bedroom, 1-bathroom units, each offering comfortable living layouts, abundant natural light, and functional floor plans ideal for today’s rental demand. With separate living spaces and strong tenant appeal, this duplex is perfectly suited for both seasoned investors and owner-occupants seeking supplemental income. Currently generating below-market rents, this asset presents a compelling value-add opportunity with significant upside potential. Market trends in La Habra support higher rental rates for comparable units, allowing a new owner to strategically increase income over time and enhance overall returns. This offering is uniquely positioned alongside two additional duplexes located at 301–303 Grace Ave and 305–307 Grace Ave, creating a rare chance to acquire three adjacent duplexes (total of 6 units). Opportunities like this are exceptionally limited in this area and provide investors with the ability to achieve economies of scale with contiguous ownership; increase operational efficiency and long-term management ease; maximize rental upside across a larger asset base; create a strong, consolidated footprint in a high-demand rental pocket Positioned on a generous lot in a quiet residential setting, the property benefits from its proximity to shopping, dining, schools, and major transportation corridors, making it highly desirable for tenants and future appreciation alike. Whether you’re looking to expand your portfolio, execute a light value-add strategy, or secure a multi-property investment play, this duplex—combined with the neighboring opportunities—delivers flexibility, scalability, and long-term growth in one of North Orange County’s established rental markets.

Listed by Karen Ngoc Lang Luu · DRE #01426053 · Century Financial Group, Corp.
MLS #1157753708
ListedApr 7, 2026

Property Details

Architecture

Stories1
StyleN/A
Total Units2
RoofN/A
Garage Spaces0
PoolN/A
SpaNone

Features & Amenities

Interior FeaturesAll Bedrooms Down
Exterior FeaturesN/A
FlooringTile
CoolingWall Window Units
HeatingWall Furnace
FireplaceNone
LaundryIn Kitchen
Parking FeaturesAssigned
Parking Total6
Patio & PorchN/A
Entry Level1
Entry LocationFront
Common WallsNo Common Walls

Property Features

Lot Size0.15 ac
Lot FeaturesRectangular Lot
ViewNone
DirectionsSouth of E Lambert Rd, East of Euclid St

Community

Area87 - La Habra
School DistrictN/A

Tax & Financial

TermsCash, Cash To New Loan, Conventional
Land LeaseNo
HOA NameN/A
HOA FeeN/A

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Mortgage Estimate

$6,616/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 4:30 PM

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