$1,243,000
301 Grace AvenueLa Habra, CA 90631
309 Grace Avenue, La Habra, CA 90631
- 1,600 sq ft
- Built 1961
$1,243,000
The home
About 309 Grace Avenue
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.
Property details for 309 Grace Avenue
This duplex sits in La Habra in Orange County. It offers 1,600 square feet of living space and is listed at $1,243,000, about $777 per square foot. The home was built in 1961. The MLS record lists the assessor parcel number as 019-092-18. Highlights include single-story living and air conditioning. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $1,243,000
- Days On Site
- 170 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 1,600 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- N/A
- Lot Size
- N/A
- Year Built
- 1961
- MLS® Number
- PW26082941
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
General Features
- Property Type
- Duplex
- MLS Number
- PW26082941
- Year Built
- 1961
- Lot Size (sq ft)
- 6,560
- Lot Size (acres)
- 0.1506
- Levels
- One
- Parking Spaces
- 6
- View
- None
- Parcel Number
- 01909218
- On Market Date
- 2026-04-16
- Listing Terms
- Auction
Interior Features
- Interior Features
- All Bedrooms Down
- Flooring
- Tile
- Heating
- Wall Furnace
- Cooling
- Wall Window Units
- Fireplace
- None
- Laundry
- In Kitchen
- Entry Level
- 1
- Common Walls
- No Common Walls
- Rooms
- Bedroom
Exterior Features
- Lot Features
- Rectangular Lot
- Parking
- Assigned
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Electricity Available
- Units
- 2
Community Features
- Subdivision
- None
- Community Features
- Sidewalks
The record
Property History for 309 Grace Avenue
| Date | Event | Price | Note |
|---|---|---|---|
| Apr 16, 2026 | Listed for sale | $830,000 |
Cost of ownership
Estimated monthly payment
7.03% · 30-yr fixed$
$9,475/mo
10% down · 30-year fixed · $124,300 down
Principal & interest$7,465
Mortgage insurance (est., over 80% LTV)$466
Property tax (est. county typical)$1,181
Home insurance (rough est., varies widely)$363
HOANot reported, not included
$8,180/mo
20% down · 30-year fixed · $248,600 down
Principal & interest$6,636
Property tax (est. county typical)$1,181
Home insurance (rough est., varies widely)$363
HOANot reported, not included
$7,350/mo
30% down · 30-year fixed · $372,900 down
Principal & interest$5,806
Property tax (est. county typical)$1,181
Home insurance (rough est., varies widely)$363
HOANot reported, not included
Estimated carrying cost
$1,544/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. county typical)$1,181
Home insurance (rough est., varies widely)$363
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.03% (week of Sep 24, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Orange County rate. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 309 Grace Avenue
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Location
Location
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Listed by Karen Ngoc Lang Luu of Century Financial Group, Corp.
Listing information updated Sep 26, 2026 at 7:52 AM PT. Source: CRMLS.
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. The 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, the 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.