La Verne, CA 91750,2224 E ST
La Verne, CA 91750,2224 E ST
La Verne, CA 91750,2224 E ST
La Verne, CA 91750,2224 E ST
La Verne, CA 91750,2224 E ST
La Verne, CA 91750,2224 E ST
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$ 1,496,000
Est. payment | /mo

3 Beds

2 Baths

1,616 SqFt


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$ 1,496,000
Est. payment | /mo
Save

3 Beds

2 Baths

1,616 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,616 sqft

Price per Sqft $925

MLS Listing ID CV25018677

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1930

Lot Size 5,205 Sqft

Property Sub-Type Duplex

Property Description

Discover a unique investment opportunity with two charming vintage homes situated on a prime 5,300 sq ft parcel in the heart of downtown La Verne, located near the vibrant University of La Verne campus.

This property is currently utilized as two separate income residential homes with separate addresses, gas and electric meters but its mixed-use commercial zoning opens the door to a variety of business possibilities!

Key features:
Prime Location: Nestled on the bustling E Street, this property benefits from high traffic and excellent visibility, making it an ideal spot for businesses looking to thrive in a dynamic environment.

Zoning Flexibility: The property is zoned for mixed-use commercial, allowing for creative development solutions including retail, office space, restaurant or further development of residential units with live/work zoning.

Improvement Potential: The site is approved for development of up to 8,000 BUILDABLE sq ft where you can have up to five three story tall live work units, giving developers ample room to maximize their investment.

Convenient Access: Enjoy the convenience of being within walking distance to the Gold Line train station, University of La Verne and the LA County Fairgrounds and down town La Verne enhancing accessibility and foot traffic.

Community Vibe: Experience the charm of downtown La Verne, known for its quaint shops, vibrant dining options, and community events, all contributing to a desirable business environment.

Whether you're looking to expand your business portfolio or embark on a new venture, this property offers exceptional potential in a thriving area. This is the best chance to capitalize on this unique once in a life time development opportunity in La Verne with unlimited potential!

Location

State CA

County Los Angeles

Area 684 - La Verne

Zoning LVPR15A*

Rooms

Main Level Bedrooms 3

Interior

Interior Features All Bedrooms Down

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Sidewalks

View Y/N Yes

View Neighborhood

Attached Garage No

Total Parking Spaces 2

Private Pool No

Building

Lot Description Back Yard

Dwelling Type Duplex

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 8377016011

Acceptable Financing Contract

Listing Terms Contract

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Anthony Grynchal • eXp Realty of Greater Los Angeles • anthony.grynchal@gmail.com
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2224 E ST