2307 5th St - Apartments FOR SALE


La Verne, CA 91750
$980,000 USD
626-216-8069
2307 5th St, La Verne, CA for Sale
$980,000 USD
Apartments - FOR SALE
1/8
null | 3.49% Cap Rate

2307 5th St
La Verne, CA 91750


OVERVIEW

Wonderful investment opportunity! Beautifully updated residential two-story duplex in tree lined La Verne neighborhood close to downtown La Verne and University of La Verne. Property features two units, units are one level with 2 bedroom and 1 full bathroom, with approximately 750 SF each of living space on a spacious 4,299 SF corner lot with a covered carport and newer driveway to accommodate four cars. Both units have been recently updated: The lower unit has white cabinets and granite counters, gas range and refrigerator, vinyl flooring and carpet, updated full bathroom, dual pane windows and blinds, mirrored closet doors, newer water heater, and electric furnace and wall mounted HVAC unit. The upper unit offers vinyl flooring and carpet, updated kitchen with wood cabinets and granite counters, gas range, refrigerator, stackable washer and dryer, updated full bathroom, dual pane windows and blinds, mirrored closet doors, newer water heater, and roof mounted central HVAC. Landlord currently pays water, trash, and gardener. Roof was replaced approximately 8-9 years ago. These units show beautifully!

FOR SALE DETAILS

PRICE

$980,000 USD

PRICE/SF

$653 USD /SF

# OF UNITS

2

PRICE/UNIT

$490,000

CAP RATE

3.49%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5st Duplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,296 SF

ZONING

LVPR10A*

APN/PARCEL ID

8377-005-010

ASK ABOUT THIS PROPERTY

Jason HaneyCOMPASSMore Info
626-216-8069

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Jason HaneyCOMPASSMore Info
626-216-8069

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.