414 W Olive Avenue, La Habra, California 90631, La Habra, - bed, bath
ACTIVE$525,000
414 W Olive Avenue, La Habra, California 90631
2Beds
1Bath
920Sqft
7,310Lot
Year Built
1947
Close
-
List price
$525K
Original List price
$785K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25132603
Home ConditionTear down
Features
Good View: Trees/Woods
Patio
ViewTrees/Woods
About this home
Tons of Potential on this Lot. Zoned R4. Once up the driveway you will find a very private lot with room to expand. The home is a 2 Bedroom 1 Bath. Sits high on the lot with a very open feeling and view of trees. Close to all schools and shopping. Buyers to check with the City of La Habra to see what you can build on this property.
Price History
Date
Event
Price
10/27/25
Price Change
$525,000-16.0%
08/18/25
Price Change
$625,000
06/13/25
Listing
$785,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (139 Listings) | |
|---|---|---|---|
| Beds | 2 | 4 | 6% |
| Baths | 1 | 2 | 9% |
| Square foot | 920 | 1,690 | 3% |
| Lot Size | 7,310 | 7,475 | 46% |
| Price | $525K | $1,000K | 1% |
| Price per square foot | $571 | $589 | 44% |
| Built year | 1947 | 9795980 | 6% |
| HOA | |||
| Days on market | 144 | 164 | 42% |
Condition Rating
Tear down
Built in 1947, this property shows no evidence of major renovations in the past 50 years. The kitchen features original, dated wood cabinets, old appliances, and linoleum flooring. The interior throughout has worn, outdated flooring (old tile, yellow carpet), dated light fixtures, and visible wear on walls. The listing description itself emphasizes the 'potential on this lot' and encourages buyers to 'check with the City... to see what you can build,' strongly suggesting the value lies in the land and redevelopment rather than the existing structure. The property is unlivable in its current condition without extensive and costly rehabilitation, making it a tear-down candidate.
Pros & Cons
Pros
R4 Zoning & Development Potential: The property is zoned R4, offering significant potential for expansion or multi-unit development, making it attractive for investors or those looking to build equity.
Private Lot: The lot is described as 'very private,' providing a desirable secluded environment away from immediate neighbors.
Elevated Position & Tree Views: Sitting high on the lot, the home offers an open feeling and pleasant views of trees, enhancing its aesthetic appeal and sense of tranquility.
Convenient Location: The property boasts a prime location close to all schools and shopping, offering excellent convenience for daily errands and family needs.
Significant Price Reduction: The list price has been substantially reduced from an original $785,000 to $525,000, potentially representing a strong value opportunity for buyers.
Cons
Age of Property: Built in 1947, the home is older and likely requires significant updates, renovations, or repairs to meet modern living standards and preferences.
Small Current Dwelling Size: The existing home is a modest 2 bedrooms and 1 bath with 920 sqft, which may be too small for larger families or those desiring more living space.
Uncertainty in Development Potential: While R4 zoned, the listing explicitly states 'Buyers to check with the City of La Habra to see what you can build,' indicating that the full extent of development potential requires buyer's due diligence and is not guaranteed.