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Listed by Brandon Carlson • BR REAL ESTATE, INC.
$1,198,000
Est. payment /mo
3,756 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,756 sqft
Price per Sqft $318
MLS Listing ID CV-26171942
Year Built 1964
Lot Size 6,768 Sqft
Property Sub-Type Triplex
Source California Regional Multiple Listing Service (CRMLS)
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 month-to-month. 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
The property is currently 100% occupied, with all tenancies month-to-month. 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
Location
State CA
County Los Angeles
Area 684 - La Verne
Interior
Heating Wall Furnace
Laundry In Kitchen
Exterior
Garage Spaces 6.0
Pool None
Community Features Curbs, Sidewalks, Suburban
Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Not Available
Building
Lot Description Front Yard, 2-5 Units/Acre
Sewer Sewer Paid
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900