2542 Price Drive

    La Verne, CA 91750
    • $1,150,000
    • STATUS: Active
    • ON SITE: 3 days
    • ID#: CV20097224
    New On Site 3 Days Ago
    UPDATED: 43 min ago
    $1,150,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,756
      SQFT
    • $306
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    A great investment opportunity for a first-time investor or seasoned investor seeking solid returns. Three-unit property located in a nice tree-lined street. One unit features three bedrooms, two bathrooms, and the other two units feature two bedrooms, two bathrooms. Three-bedroom unit was recently rehabbed with new kitchen, bathrooms, new fixtures, new flooring and fresh paint throughout. Each unit has a two-car garage. These units have upside rent potential. Within close proximity to La Verne Town Center, restaurants, entertainment and city library. Buyer to complete their own due diligence in regards to all aspects of the property, including income, expenses and potential rents. Matterport Tour: https://my.matterport.com/show/?m=c292EDJDoGp

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-26T00:25:55.313. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.

    www.bestlahomefinder.com/homes/106149188

    2542 Price Drive La Verne, CA 91750

    • Price: $1,150,000
    • Status: Active
    • Updated: 43 min ago
    • ID#: CV20097224
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    3,756
    SQFT
    $306
    $/SQFT
    1964
    Built
    Neighborhood:
    684 - La Verne
    County:
    Los Angeles
    Area:
    684 - La Verne
    Property Description
    A great investment opportunity for a first-time investor or seasoned investor seeking solid returns. Three-unit property located in a nice tree-lined street. One unit features three bedrooms, two bathrooms, and the other two units feature two bedrooms, two bathrooms. Three-bedroom unit was recently rehabbed with new kitchen, bathrooms, new fixtures, new flooring and fresh paint throughout. Each unit has a two-car garage. These units have upside rent potential. Within close proximity to La Verne Town Center, restaurants, entertainment and city library. Buyer to complete their own due diligence in regards to all aspects of the property, including income, expenses and potential rents. Matterport Tour: https://my.matterport.com/show/?m=c292EDJDoGp
    Exterior Features

    Garage Spaces 6.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 6.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Fireplace Features Living Room Fireplace YN Yes Laundry Features Inside

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 3.57 Community Features SidewalksStreet Lights Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 1080.00 Gross Income 60300.00 Gross Scheduled Income 60300.00 Insurance Expense 1968.00 Land Lease YN No Laundry YN Yes Net Operating Income 41028.00 New Construction YN No New Taxes Expense 13800.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 3 Operating Expense 19272.00 Rent Control YN No Senior Community YN No Sewer Unknown Special Listing Conditions Standard Total Expenses 19272.00 Trash Expense 780.00 Water Sewer Expense 1650.00 Water Source See Remarks Year Built Source Assessor Zoning Lvpr15a*

    Listing provided courtesy of The Mark & Al Team of Century 21 Masters


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-26T00:25:55.313. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.

     
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