2542 Price Drive

    La Verne, CA 91750
    • $2,300,000
    • STATUS: Active
    • ON SITE: 5 days
    • ID#: CV20098302
    New On Site 5 Days Ago
    UPDATED: 70 min ago
    $2,300,000
    • 0
      BEDS
    • 0.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,512
      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. Two, 3-unit properties located in a nice tree-lined street. Two of the units feature 3 bedrooms, 2 bathrooms, and the other four units feature 2 bedrooms, 2 bathrooms. Both, 3-bedroom units were recently rehabbed with a 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 (2542): https://my.matterport.com/show/?m=c292EDJDoGp

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-28T19:28:18.137. 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/106149273

    2542 Price Drive La Verne, CA 91750

    • Price: $2,300,000
    • Status: Active
    • Updated: 70 min ago
    • ID#: CV20098302
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.36
    Acres
    7,512
    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. Two, 3-unit properties located in a nice tree-lined street. Two of the units feature 3 bedrooms, 2 bathrooms, and the other four units feature 2 bedrooms, 2 bathrooms. Both, 3-bedroom units were recently rehabbed with a 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 (2542): https://my.matterport.com/show/?m=c292EDJDoGp
    Exterior Features

    Garage Spaces 12.00 Lot Features 6-10 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 12.00 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 Laundry Features Inside

    Property Features

    Additional Parcels Description 8370039005 Additional Parcels YN No Building Area Units Square Feet Community Features SidewalksStreet Lights Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 2160.00 Gross Income 82056.00 Gross Scheduled Income 124500.00 Insurance Expense 3936.00 Land Lease YN No Laundry YN Yes Net Operating Income 85956.00 New Construction YN No New Taxes Expense 27600.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 6 Operating Expense 38544.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Unknown Special Listing Conditions Standard Total Expenses 38544.00 Trash Expense 1560.00 Water Sewer Expense 3300.00 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 2020-05-28T19:28:18.137. 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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    Covina CA, 91723