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Listed by Kristopher German, DRE #01800021 • RE/MAX 2000 REALTY
$ 1,150,000
Est. payment | /mo
7,531 Sqft Lot
$ 1,150,000
Est. payment | /mo
7,531 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV26230994
Year Built 1964
Lot Size 7,531 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
Excellent opportunity to acquire a 3-unit multifamily property in the highly desirable city of La Verne, featuring exceptionally large units, desirable tenant amenities, and significant upside in rental income. Offering a projected 6% CAP Rate with market rents in place, this property presents an attractive value-add opportunity for investors seeking to increase cash-flow while owning in one of the San Gabriel Valley's most desirable rental markets. The property features an outstanding unit mix consisting of one spacious 3-Bedroom/2-Bath unit and two 2-Bedroom/2-Bath units, totaling approximately 3,756 rentable square feet on a 7,531 sq. ft. lot. With an average unit size exceeding 1,250 square feet, these oversized floor plans provide a distinct advantage over conventional apartment units, appealing to discerning renters seeking generous living spaces and added comfort. Residents enjoy an excellent collection of amenities including private patios, individual washer and dryer hookups, and private two-car garage parking, offering the convenience and privacy typically associated with single-family living. Additionally, electricity and gas are separately metered, allowing tenants to manage their individual utility consumption while supporting efficient property operations.
Location
State CA
County Los Angeles
Area 684 - La Verne
Rooms
Kitchen Oven - Gas
Interior
Cooling Window / Wall Unit
Laundry In Kitchen
Exterior
Parking Features Assigned Spaces, Garage
Garage Spaces 6.0
Pool 31, None
View None
Roof Type Shingle
Building
Story One Story
Water District - Public
Others
Tax ID 8370007051
Special Listing Condition Not Applicable
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