2524 Price, La Verne, CA 91750

$1,298,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,298,000
Status
ACTIVE
MLS#
CV26105647
Year Built
1964
Lot Size
6,768
Acres
0.16
Lot Location
2-5 Units/Acre, Front Yard, Lawn, Landscaped
Days on Market
73
Property Type
Multifamily
Property Sub Type
Triplex
Stories
Two Levels

Property Description

2524 Price Dr presents a rare opportunity to acquire a fully occupied triplex in La Verne, one of the San Gabriel Valley’s desirable foothill communities. The property features a strong unit mix consisting of one 3-bedroom/2-bath unit and two 2-bedroom/2-bath units, with approximately 3,756 square feet of building area situated on a 6,768-square-foot lot. Each unit includes its own in-unit washer/dryer and dedicated two-car garage, offering a strong tenant amenity rarely found in similar multifamily assets. The property is currently 100% occupied, with all tenancies on a month-to-month basis, providing flexibility for a future owner. Additional features include two downstairs units, one upstairs unit, a shared courtyard/common area, updated water heaters and wall heaters, in-wall A/C units, ceiling fans, and prior unit updates, including kitchen countertops, sinks, appliances, and select bathroom improvements. A partial upper-story roof replacement was completed approximately two years ago. Well-positioned near key La Verne amenities, the property is approximately one mile from the University of La Verne and within close proximity to Bonita High School, La Verne Sports Park, Trader Joe’s, Target, nearby restaurants, and convenient access to the 210, 57, and 10 freeways. With current income in place, potential rent upside, and a desirable unit mix with dedicated garage parking, 2524 Price Dr offers investors a compelling multifamily opportunity in a strong San Gabriel Valley rental market

Additional Information

Appliances
Dishwasher, Refrigerator, Water Heater
Pool Description
None
Fireplace Description
Living Room
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Garage Spaces Total
6
Sewer
Public Sewer
Water
Public
Interior Features
Ceiling Fan(s)
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$76,800
Operating Expense
23230

Listing courtesy of Listing Agent: Brandon Carlson (bcacarlson@yahoo.com) from Listing Office: BR REAL ESTATE, INC..

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.