2595 Price DR, La Verne, CA 91750
2595 Price DR, La Verne, CA 91750
2595 Price DR, La Verne, CA 91750
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$1,150,000
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7,531 Sqft Lot
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2595 Price DR La Verne, CA 91750

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Tiana Allen

Tiana Allen

+1(805) 320-5925

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV26230994

HOA Y/N No

Year Built 1964

Lot Size 7,531 Sqft

Property Sub-Type Triplex

Property Description

Excellent opportunity to acquire a 3-unit multifamily property in the highly desirable city of La Verne, featuring exceptionally large units, desirable tenant amenities, and significant upside in rental income. Offering a projected 6% CAP Rate with market rents in place, this property presents an attractive value-add opportunity for investors seeking to increase cash-flow while owning in one of the San Gabriel Valley's most desirable rental markets.

The property features an outstanding unit mix consisting of one spacious 3-Bedroom/2-Bath unit and two 2-Bedroom/2-Bath units, totaling approximately 3,756 rentable square feet on a 7,531 sq. ft. lot. With an average unit size exceeding 1,250 square feet, these oversized floor plans provide a distinct advantage over conventional apartment units, appealing to discerning renters seeking generous living spaces and added comfort.

Residents enjoy an excellent collection of amenities including private patios, individual washer and dryer hookups, and private two-car garage parking, offering the convenience and privacy typically associated with single-family living. Additionally, electricity and gas are separately metered, allowing tenants to manage their individual utility consumption while supporting efficient property operations.

Conveniently located near parks, restaurants, retail shopping, and everyday amenities, the property benefits from La Verne's desirable residential setting and strong rental appeal. Combining exceptionally large units, sought-after amenities, and substantial rental upside, this offering provides investors with an excellent opportunity to acquire a quality multifamily asset with the potential to achieve a 6% CAP Rate through market rent adjustments.

Location

State CA

County Los Angeles

Area 684 - La Verne

Zoning LVPR15A*

Interior

Cooling Wall/Window Unit(s)

Fireplaces Type Living Room

Fireplace Yes

Appliance Gas Oven

Laundry In Kitchen

Exterior

Parking Features Assigned, Garage

Garage Spaces 6.0

Garage Description 6.0

Fence Block, Wood

Pool None

Community Features Street Lights, Sidewalks

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

View Y/N No

View None

Roof Type Shingle

Accessibility None

Total Parking Spaces 6

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level One,Two

Sewer Public Sewer

Water Public

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 8370007051

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Kristopher German RE/MAX 2000 REALTY 909-645-0443, DRE #01800021

NEARBY SCHOOL & BUSINESS

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Tiana Allen

Tiana Allen

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