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309 Grace Ave — La Habra Redevelopment Lot

309 Grace Ave, La Habra, CA 90631 — Orange County

Property Description

309 Grace Ave is a 6,560 sq ft single-family residential lot in the heart of La Habra, Orange County. Built in 1961, the existing 1,600 sq ft structure carries only 10% of the total assessed value — making this a compelling land-value play for developers and investors. The property sits in a designated Transit Priority Area and Low VMT Generating Zone, enabling streamlined by-right ADU and SB 9 development approvals. With a 151-foot lot depth, the site is ideally configured for a detached ADU or a full SB 9 lot split into two parcels, each supporting primary dwelling plus ADU — for a maximum of 6 dwelling units.

Key Highlights

Transit Priority Area (TPA)
SB 9 lot split eligible
Up to 6 dwelling units by right
Low VMT generating zone
Ministerial / by-right approvals
Adjacent to Rancho La Habra redevelopment

Financial Overview

AVM Valuation

$1.23M

Assessed Value

$647K

Starting Bid

$830K

Annual Tax

$8K

Land Value

$583,541

Improvement Value

$63,531

All financial figures are illustrative only. AVM sourced from CoreLogic RealAVM™ (Jan 2026, confidence 89/100). Investors must conduct independent due diligence.

Auction Details
FormatOnline Auction
Reserve Band$1.15M – $1.25M
Buyer's Premium5% of winning bid
EMD10% within 48 hours
Bid Increment$25,000
Enter Auction Complete KYC
TN

Thao Nguyen

Century Financial Group, Corp.

Licensed California Real Estate Broker. Specializing in investment properties and redevelopment opportunities in Orange County.

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