La Verne, CA 91750,2530 Magnolia Avenue
La Verne, CA 91750,2530 Magnolia Avenue
La Verne, CA 91750,2530 Magnolia Avenue
La Verne, CA 91750,2530 Magnolia Avenue
La Verne, CA 91750,2530 Magnolia Avenue
La Verne, CA 91750,2530 Magnolia Avenue
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$ 1,789,000
Est. payment | /mo

8 Beds

8 Baths

3,607 SqFt


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$ 1,789,000
Est. payment | /mo
Save

8 Beds

8 Baths

3,607 SqFt

OPEN HOUSE

Sat Feb 22, 11:00am - 3:00pm

Sun Feb 23, 11:00am - 3:00pm

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,607 sqft

Price per Sqft $495

MLS Listing ID CRCV25036100

Bedrooms 8

Full Baths 8

HOA Y/N No

Year Built 1948

Lot Size 0.286 Acres

Acres 0.2862

Property Sub-Type Single Family Residence

Property Description

Great Investment Opportunity in La Verne , the return CAP rate is over 5%, The newly built property offers 8 bedrooms, 8.5 bathrooms, and is divided into three separate units. One unit is 3 beds, 3 baths , monthly rent is $3200, One unit is 2 beds and 2 baths , monthly rent is $2500, One unit is 3 beds and 3.5 baths, market monthly rent is about $4300, total monthly rent is about $10,000.00, very low property Tax with NO HOA fee. It is great location with privacy Corner Lot, minutes walk to Park, close to an award-winning elementary school and Bonita Unified high School ,baseball fields, the University of La Verne, and the charming downtown area. There are many parking spaces besides 2 car garage , at least for 8 cars. There's also an extra-long driveway perfect for RV parking. The newly upgraded fence and courtyard feature concrete pavers and artificial turf with less maintenance. A few blocks away from Hillcrest Retirement Community offering club house, indoor swimming pool and more at very low cost. It is your DREAM HOUSE WITH GREAT INCOME!!!

Location

State CA

County Los Angeles

Zoning LVPR

Interior

Heating Electric

Cooling Wall/Window Unit(s), Other

Fireplaces Type None

Fireplace No

Laundry Other

Exterior

Garage Spaces 2.0

Pool None

View Y/N true

View Other

Total Parking Spaces 2

Private Pool false

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories One Story

New Construction No

Schools

School District Bonita Unified

Others

Tax ID 8381013028

Bridge MLS
Listed by Fenping Wang • Vantage Capital Inc.

GET MORE INFORMATION

agent
Kenneth Jamaca

Managing Broker | REALTOR | License ID: 02080040

+1(925) 413-1849 | kenneth@jcastlegroup.com

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2530 Magnolia Avenue