La Verne, CA 91750,2267 3rd ST
La Verne, CA 91750,2267 3rd ST
La Verne, CA 91750,2267 3rd ST
La Verne, CA 91750,2267 3rd ST
La Verne, CA 91750,2267 3rd ST
La Verne, CA 91750,2267 3rd ST
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$1,000,000

$1,300,000

23.1%
Est.Price: ?

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Est. payment /mo

8,716 Sqft Lot


SOLD DATE : 10/18/2023

Key Details

Sold Price $1,000,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV23160732

Sold Date 10/18/23

Construction Status Additions/Alterations,Updated/Remodeled

HOA Y/N No

Year Built 1924

Lot Size 8,716 Sqft

Property Description

Welcome to this charming income property in the heart of La Verne, just a short walk away from the prestigious University of La Verne, delightful restaurants, and eclectic shops. This Vintage home has timeless appeal and offers an incredible investment opportunity with two units in the front house and three additional units (built approx. 1972) nestled at the rear of the property. The main house boasts classic architectural details. Stepping inside, you'll find upgraded dual-pane windows that flood the interior with natural light while keeping energy efficiency in mind. Two of the units are equipped with modern HVAC systems, ensuring optimal comfort year-round, while the remaining three units feature convenient window air conditioning units. A unique aspect of this property is the well-thought-out design that provides separate outdoor spaces for each unit, allowing tenants to enjoy privacy and a connection to the outdoors. The property has been well maintained, reflecting the pride of ownership. The income property also offers ample parking options with a four-car garage and a one additional parking space, a highly desirable feature for both tenants and potential investors. Perhaps the most appealing aspect of this property is its unbeatable location. Situated within walking distance to the University of La Verne, it presents a prime opportunity for student housing, attracting a consistent flow of potential renters. The convenience of nearby restaurants, shops, and amenities further enhances the property's appeal, promising a vibrant and dynamic lifestyle for tenants. This income property in La Verne offers an excellent opportunity to capitalize on its charm, strategic location, and potential for strong rental returns. Don't miss out on the chance to own a piece of real estate that harmonizes timeless craftsmanship with modern investment potential.

Location

State CA

County Los Angeles

Area 684 - La Verne

Zoning LVPR10A*

Rooms

Other Rooms Stable(s)

Ensuite Laundry Inside

Interior

Interior Features Ceiling Fan(s)

Laundry Location Inside

Heating Forced Air, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Laminate, Vinyl

Fireplace No

Appliance Gas Range, Water Heater

Laundry Inside

Exterior

Exterior Feature Rain Gutters

Garage Assigned

Garage Spaces 4.0

Garage Description 4.0

Fence Block, Vinyl

Pool None

Community Features Curbs

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Composition

Parking Type Assigned

Total Parking Spaces 5

Private Pool No

Building

Lot Description Front Yard, Sprinkler System

Faces South

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Craftsman

Level or Stories Two

Additional Building Stable(s)

New Construction No

Construction Status Additions/Alterations,Updated/Remodeled

Others

Senior Community No

Tax ID 8377009021

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash to New Loan, 1031 Exchange, Submit

Listing Terms Cash to New Loan, 1031 Exchange, Submit

Financing Cash

Special Listing Condition Trust

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Justin & Jessica Bouzane

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California Regional MLS (CRMLS)
Listed by Kay Eckert • LYONS & ASSOCIATES
Bought with Nicholas Abbadessa • RE/MAX MASTERS REALTY

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Justin & Jessica Bouzane

Broker Associate | Lic# 01905244

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