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1001 W Lambert Road #150
Single Family Cash-flow positiveWithin your budget

1001 W Lambert Road #150

1001 W Lambert Road #150, La Habra, CA

2 beds 2 baths 1,104 sqft

Welcome to the prestigious Friendly Village of La Habra, a beautifully maintained community offering resort-style amenities and a peaceful, inviting atmosphere! This beautifully updated home combines modern upgrades, comfort, and functionality. Step inside to a bright and spacious interior filled with abundant natural light from the many windows throughout. The updated kitchen features elegant quartz countertops, while the freshly painted interior, new flooring, and beautifully updated bathrooms add a fresh, contemporary touch. Additional improvements include PEX plumbing throughout the home, including upgraded shower valves, providing added value and peace of mind. Step outside to your own private patio, perfect for relaxing, enjoying your morning coffee, or entertaining guests. The extended driveway offers additional parking space with convenient tandem parking. Residents of Friendly Village enjoy beautifully landscaped grounds and fantastic community amenities, including a sparkling swimming pool, fitness center, and recreational room. Conveniently located near shopping, dining, and everyday essentials, this home offers a wonderful combination of comfort, convenience, and community living. Don't miss this incredible opportunity to own a beautifully upgraded home in one of La Habra's desirable communities!

List price

$189,000

Est. monthly rent

$2,400

DSCR1.71×

Lender minimum: 1.25×

Monthly cash flow

$701

Cash-on-cash return

14.84%

Down payment (25%)$47,250
Closing costs (5%)$9,450
Total cash needed$56,700
Loan amount (75%)$141,750
Monthly mortgage (7.50%, 30yr)$991
Annual property taxes$2,363
Insurance, vacancy, mgmt.$6,129
Net operating income (yr)$20,308
Gross yield15.24%

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