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Listed by Anthony Grynchal • eXp Realty of Greater Los Angeles
$1,397,888
Est. payment /mo
3 Beds
2 Baths
1,616 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Duet
Listing Status Active
Purchase Type For Sale
Square Footage 1,616 sqft
Price per Sqft $865
MLS Listing ID CRCV25018677
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1930
Lot Size 5,207 Sqft
Property Sub-Type Duet
Source Datashare California Regional
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. Commun
Location
State CA
County Los Angeles
Interior
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Other
Exterior
Garage Spaces 2.0
Pool None
View Other
Private Pool false
Building
Story 1
Water Public
Schools
School District Bonita Unified
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Altie Schmitt
Partner at Village Associates | License ID: 00924672
Partner at Village Associates License ID: 00924672
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