414 W Olive Avenue, La Habra, California 90631, La Habra, - bed, bath

home-pic
ACTIVE$1,040,000
414 W Olive Avenue, La Habra, California 90631
0Bed
0Bath
1,760Sqft
13,515Lot
Year Built
1947
Close
-
List price
$1.04M
Original List price
$1.73M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25079542
Home ConditionPoor
Features
Good View: Trees/Woods
Patio
ViewTrees/Woods

About this home

Developer/Investor Opportunity. Zoned R4. Two Houses. Two separate parcel numbers each zoned R4. . 414 W Olive Ave, La Habra. Parcel #298-081-03 is a 2 Bedroom 1 bath house with 920 square feet on a 7,310 lot. The second home is 418 W Olive Ave, La Habra. Parcel # 298-081-05 with 2 bedrooms and 1 bath house with 840 square feet on a 6,205 square foot lot. The two homes are being SOLD TOGETHER. Total lot size is 13,515. VERY PRIVATE LOT!!! Not visible from the street. Sits up high with a peaceful open feel and view of trees. Tons of potential for income property. Check with the city of La Habra to see what you can build and all information on the property and any tax assessments if any. Close access to all shopping, schools, and Brea Mall.

Price History

Date
Event
Price
10/27/25
Price Change
$1,040,000-15.1%
08/18/25
Price Change
$1,225,000
04/11/25
Listing
$1,725,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (5 Listings)
Beds00
Baths00
Square foot1,7602,760
17%
Lot Size13,51510,498
67%
Price$1.04M$1.04M
50%
Price per square foot$591$443
67%
Built year19479735975
50%
HOA
Days on market208182
67%
Condition Rating
Poor

Built in 1947, this property consists of two homes that are significantly outdated and show extensive wear and tear. The kitchens feature original or very old wood cabinets, dated laminate countertops, and older white appliances (refrigerators, gas ranges). Flooring throughout includes worn linoleum/vinyl tiles and very old, stained carpets. Light fixtures are basic and dated ceiling fans or flush mounts. While the structures appear sound, the interiors require substantial rehabilitation, including full renovations of kitchens and bathrooms, updated flooring, and likely upgrades to electrical, plumbing, and HVAC systems. The listing itself markets it as a 'Developer/Investor Opportunity,' reinforcing the need for significant investment to modernize and improve the living conditions.
Pros & Cons

Pros

Development Potential (R4 Zoning): The R4 zoning on two separate parcels totaling 13,515 sqft offers significant potential for higher-density development or expansion.
Dual Income Property: Comprising two existing 2-bedroom, 1-bath homes on separate parcels, it provides immediate rental income opportunities or multi-family living.
Enhanced Privacy & Views: Positioned 'up high' and 'not visible from the street,' the property offers a private setting with peaceful tree/woods views.
Strategic Location: Conveniently located with close access to shopping, schools, and the Brea Mall, enhancing its appeal to potential tenants or future residents.
Investor/Developer Focus: Explicitly marketed as a 'Developer/Investor Opportunity,' highlighting its primary value proposition for those seeking to maximize land use and income.

Cons

Age and Condition of Structures: Built in 1947, the existing homes are likely dated and may require substantial renovation, modernization, or demolition, adding to project costs.
Extensive Due Diligence Required: The listing advises checking with the city regarding building potential and tax assessments, indicating that significant buyer research and verification are necessary.
Price History Volatility: The property has undergone substantial price reductions from its original list price, which could suggest challenges in market valuation or underlying property issues.

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