CA > La Verne
La Verne, CA 91750,2530 Magnolia AVE
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La Verne, CA 91750,2530 Magnolia AVE
La Verne, CA 91750,2530 Magnolia AVE
La Verne, CA 91750,2530 Magnolia AVE
La Verne, CA 91750,2530 Magnolia AVE
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2530 Magnolia AVE La Verne, CA 91750

8 Beds

8 Baths

3,607 SqFt

OPEN HOUSE

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

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

UPDATED:

02/19/2025 02:39 PM

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 CV25036100

Bedrooms 8

Full Baths 8

HOA Y/N No

Year Built 1948

Lot Size 0.286 Acres

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

Area 684 - La Verne

Zoning LVPR45D*

Rooms

Main Level Bedrooms 1

Interior

Interior Features All Bedrooms Down

Heating Electric

Cooling Electric, Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Park, Sidewalks

View Y/N Yes

View Courtyard

Attached Garage Yes

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Bonita Unified

Others

Senior Community No

Tax ID 8381013028

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Fenping Wang • Vantage Capital Inc. • 626-905-2526
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2530 Magnolia AVE