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$ 1,450,000
Est. payment /mo
Active
2524 Price Drive La Verne, CA 91750
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,756 sqft
Price per Sqft $386
MLS Listing ID CRCV24248616
Bedrooms 7
HOA Y/N No
Year Built 1964
Lot Size 6,768 Sqft
Acres 0.16
Property Sub-Type Triplex
Property Description
Great Opportunity in a Desirable Location – Price Reduced! This tri-plex in La Verne is a rare find in a highly sought-after area, close to the University and Downtown La Verne. Properties like this rarely come on the market for sale or rent, and now is your chance to secure a prime investment at a newly reduced price. Whether you're looking for immediate returns or long-term growth potential, this property offers both. Property Overview: Units: 3 total – 1 x 3-bed, 2-bath and 2 x 2-bed, 2-bath. Total Rentable Space: 3,756 sq.ft. Lot Size: 6,766 sq.ft. Garages: Each unit includes a 2-car garage. Features: Each unit comes with a washer/dryer and dishwasher. This property is a turn-key investment, but it's being sold as-is, offering an exciting opportunity for the buyer to make their own improvements or add value. Financial Highlights: 2025 Rent Roll: $73,596 annually. ProForma Rent: $86,340 annually (potential increase with market adjustments). 2024 Expenses: $9,950 (including gardener, water, trash, and insurance). Investment Opportunity: The 6,766 sq.ft. lot offers substantial upside potential with the ability to add ADUs (Accessory Dwelling Units), increasing rental income and overall cash flow. The location continues to see strong rental demand, positioning this property f
Location
State CA
County Los Angeles
Zoning LVPR
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Inside
Exterior
Exterior Feature Other
Total Parking Spaces 3
Building
New Construction No
Others
Tax ID 8370039003
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Mark Perone • BR REAL ESTATE, INC.