Unique multi-unit opportunity in Claremont featuring three separate residential units with existing rental potential and room for future improvement. * Unit 1 - 2-bedroom, 1-bathroom * Unit 2 - studio includes a private bathroom * Unit 3 -1-bedroom, 1-bathroom. This combination allows an investor to maintain existing income while gradually enhancing the property and increasing its long-term value. Located within Claremont’s Village South Specific Plan area, the property may provide additional possibilities for future residential, commercial, office, or mixed-use development, subject to City approval and applicable zoning requirements. Conveniently situated near Claremont Village, the Claremont Colleges, shopping, dining, and transportation, this property offers an appealing opportunity for an investor, developer, or buyer seeking a versatile income-producing asset in a desirable Claremont location. Buyer to independently verify permits, unit configuration, square footage, zoning, allowable uses, and development potential with the City of Claremont.
Do not miss this rare opportunity to own an incredibly versatile Claremont property, ideally located in the Village South Expansion zoning area; With flexible uses that may allow for high density residential, commercial, medical, or mixed-use possibilities, this property offers exceptional long-term potential for an owner-user, investor, or buy-and-hold portfolio. The property currently consists of two separate residential structures. The front home has been beautifully remodeled and offers approximately 1,700 square feet with 4 bedrooms and 2 bathrooms. The kitchen features quartz countertops, soft-close cabinetry, and a Spanish tile backsplash that complements the character and architecture of the home. The kitchen opens to the dining area which steps down to the family room, where a cozy fireplace creates an inviting gathering space. One bedroom and one remodeled bathroom are located on the main level, while three additional bedrooms and a fully renovated bathroom are upstairs. Original wood details like the carved stair rail and charming balcony remind you of the heritage of this 1931 home. Parking is plentiful, with 4 garage spaces plus additional on-site surface parking that can be secured behind the gated entry. The rear structure adds even more flexibility, with a remodeled 5-bedroom, 1-bath residential unit upstairs. The lower level includes 4 private garages, a storage room, and a dedicated utility room. With generous on-site parking and multiple existing structures, the property may offer future potential to reconfigure, expand, or convert portions of the property for additional income-producing uses. Its location is especially compelling, with close proximity to the Claremont Colleges, the Claremont Village, the Claremont Metrolink Station, and the proposed Village South expansion area. Whether used as a multi-residential income property, a live/work opportunity, or explored for commercial/mixed-use potential, or even high density housing, this property offers a rare combination of location, flexibility, and long-term upside in one of Claremont’s most desirable and walkable areas.
Claremont is located in California. Claremont, California has a population of 36,312. Claremont is less family-centric than the surrounding county with 29.5% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Claremont, California is $111,937. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Claremont is 41.3 years.
The average high temperature in July is 92.4 degrees, with an average low temperature in January of 43.1 degrees. The average rainfall is approximately 21.7 inches per year, with 0 inches of snow per year.
