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Auction Alert: La Habra Duplex at 309 Grace Ave with Upside and $33K+ NOI, Bidding Starts at $1,243,000

Auction Opportunity: Income-Producing Duplex in the Heart of La Habra

Century Real Estate Auction is offering 309 Grace Avenue in La Habra, California, a well-located duplex with stable income and real upside. The property sits in the established Tract 715 neighborhood, south of E Lambert Rd and east of Euclid St. It has two units, each with 2 bedrooms and 1 bathroom, in about 1,600 square feet of living space on a 6,560 square foot lot. Built in 1961, the property has comfortable floor plans, plenty of natural light, tile flooring, in-unit laundry, and separate electric and water meters for each unit. It also has six parking spaces, including three carport spaces, and public sewer and water.

The duplex currently brings in $3,810 a month in rent. Listing figures show a net operating income of $33,376 against operating expenses of $4,386. Current rents are below market, and pro forma rents of $4,800 a month show the room a new owner has to grow income. Market trends in La Habra support higher rents for comparable units, so the property suits both seasoned investors and owner-occupants looking for supplemental income.

The property is also part of a larger opportunity. It is one of three adjacent duplexes, at 301–303, 305–307, and 309–311 Grace Ave, that together would make up six units. Buying more than one would let an investor build scale, simplify management, and grow rental income across a consolidated footprint in a high-demand area. The location is close to shopping, dining, schools, and major transportation corridors.

Auction details: Bidding is scheduled to begin on October 28, 2026, between 8:00 AM and 12:00 PM PST. The list price of $1,243,000 is the starting bid and may not reflect the final sale price. Please contact the listing agent for complete auction terms and conditions or visit https://globalestatehubllc.com.

Showing information: Drive-by viewing only. Please do not disturb the tenants.