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Listed by Mark Perone • BR REAL ESTATE, INC.
$ 1,450,000
Est. payment /mo
Active
2524 Price Drive La Verne, CA 91750
3,756 SqFt
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
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1964
Lot Size 6,768 Sqft
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
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Inside
Building
Water Public
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