NEW PRICE! Welcome to this charming 2-bedroom, 1 1/2-bath home, paired with a fully permitted 2-bedroom, 1 1/2-bath ADU built in 2021, both in move-in-ready condition! The permitted ADU boasts its own private entrance and features an open floor plan, making it perfect for multigenerational living, rental income, or Airbnb opportunities. Thoughtfully designed, vinyl fencing separates the main home and ADU, providing each unit with its own private quiet backyard. Both spaces are beautifully illuminated with solar bistro lights and feature amenities such as a barbecue area, a tranquil fountain,with no rear neighbors and a mature orange tree for added charm. Adding even more value, the property includes a permitted detached bonus room (approx. 215 sqft), which is currently being used as a bedroom. Whether you need extra entertaining space or a private retreat, this flexible bonus area is a fantastic feature!The front home has been tastefully updated, featuring new flooring, modernized bathrooms, fresh paint, and an updated kitchen. The home is currently tenant-occupied on a month-to-month lease, generating $2,800 in rental income.Solar will be paid off through close of escrow. Peak season electric bill for both homes has been under 125.00 per month. Situated in a prime La Verne location, this home is within close proximity to the University of La Verne, Old Town La Verne, and is within walking distance to the metro station. Easy access to the 10 and 210 freeways makes commuting a breeze. To top it all off, enjoy a spectacular 4th of July fireworks display right from the comfort of your backyard!This property offers the perfect combination of comfort, convenience, and flexibility. Whether you’re looking for a home with rental potential, space for family, or an ideal investment property, this one checks all the boxes!
Calling all investors or if you are Looking to invest!! What a perfect opportunity to start your investment portfolio located in a great area with a very high rental demand. You must come see this very well maintained Triplex in the beautiful city of La Verne, just minutes away from the University of La Verne. The units are single level, The Property features 3 bedrooms and 2 baths with fireplace, 2 bedrooms and 2 baths, 1 bedroom and 1 bath. All the units were completely remodeled in 2011, including all kitchens with granite counter tops, appliances included, built in dishwashers, microwaves, free standing electric stoves, and stackable washers/dryers, central heat and air, each with copper plumbing including the main line, steel front doors/locks, sprinkler system through out, each units with their own 2 car garage and opener. Close to downtown La Verne, shopping, transportation, schools, freeways and parks,???????????????????????????????????????? etc.
Location Location Location. This tri-plex is in a very desirable location in La Verne. Close to University and Downtown La Verne. These units are very desirable and rarely go on the market for sale and/or for rent. Featuring three oversized units—a 3-bed, 2-bath, and two 2-bed, 2-bath units—totaling 3,756 sq.ft. of rentable space, this property is a turn-key investment with strong ROI potential. Each unit has it's own 2 car garage space. Each unit offers a washer/dryer and dishwasher. The 6,766 sq.ft. lot offers exceptional upside with the opportunity to add ADUs, creating additional income streams and maximizing cash flow. Located in a highly desirable area with strong rental demand, this property is positioned for long-term growth and immediate returns. Buyers and their agents to verify all details, including square footage and build options. Don’t miss this chance to secure a high-performing asset in a thriving market! 2025 Rent Roll=$73,596 ProForma Rent=$86,340 2024 Expenses (Gardener/Water/Trash/Insurance)=$9,950
Courtesy: CENTURY 21 MARTY RODRIGUEZ
La Verne is located in California. La Verne, California has a population of 31,423. La Verne is less family-centric than the surrounding county with 25.62% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in La Verne, California is $95,957. 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 La Verne is 46 years.
The average high temperature in July is 91.3 degrees, with an average low temperature in January of 42.4 degrees. The average rainfall is approximately 19.2 inches per year, with 0 inches of snow per year.
