2267 3Rd St, La Verne, CA 91750
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2267 3Rd St La Verne, CA 91750

$1,000,000 Sold Price as of 10/18/2023
  • 8 Beds
  • 5 Baths
  • 3,133 Sq.Ft.
Sold
$1,000,000 Sold Price as of 10/18/2023 Refinance Your Mortgage

Map preview of 2267 3Rd St, La Verne, CA 91750

Property Overview: 2267 3Rd St La Verne, CA has 8 bedrooms, 5 bathrooms, 3,133 living square feet and 8,716 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to this charming income property in the heart of La Verne, just a short walk away from the prestigious University of La Verne, delightful restaurants, and eclectic shops. This Vintage home has timeless appeal and offers an incredible investment opportunity with two units in the front house and three additional units (built approx. 1972) nestled at the rear of the property. The main house boasts classic architectural details. Stepping inside, you'll find upgraded dual-pane windows that flood the interior with natural light while keeping energy efficiency in mind. Two of the units are equipped with modern HVAC systems, ensuring optimal comfort year-round, while the remaining three units feature convenient window air conditioning units. A unique aspect of this property is the well-thought-out design that provides separate outdoor spaces for each unit, allowing tenants to enjoy privacy and a connection to the outdoors. The property has been well maintained, reflecting the pride of ownership. The income property also offers ample parking options with a four-car garage and a one additional parking space, a highly desirable feature for both tenants and potential investors. Perhaps the most appealing aspect of this property is its unbeatable location. Situated within walking distance to the University of La Verne, it presents a prime opportunity for student housing, attracting a consistent flow of potential renters. The convenience of nearby restaurants, shops, and amenities further enhances the property's appeal, promising a vibrant and dynamic lifestyle for tenants. This income property in La Verne offers an excellent opportunity to capitalize on its charm, strategic location, and potential for strong rental returns. Don't miss out on the chance to own a piece of real estate that harmonizes timeless craftsmanship with modern investment potential.

Listed by Kay Eckert | BRE #01186139 | LYONS & ASSOCIATES
Last checked: 1 minute ago | Last updated: July 1st, 2024 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
8,716
HOA Dues
$0/mo
Year built
1924
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
CV23160732
City
La Verne
County
Los Angeles
Time on Site
309 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
  • # of Leased Units: 5
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,260
  • Total Rent: $1,260
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,065
  • Total Rent: $1,065
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,065
  • Total Rent: $1,065
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,015
  • Total Rent: $1,015
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $615
  • Total Rent: $615
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $60,240
  • Net Operating Income: $31,911
  • Gross Operating Income: $60,240
Annual Expense Breakdown
  • Total Operating Expense: $28,329
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $16,250
  • Trash: $0
  • Gardener: $960
  • Insurance: $2,670
  • Professional Management: $4,819
  • Water/Sewer: $3,930

Property Details for 2267 3Rd St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Forced Air, Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Room Information
  • Flooring: Carpet, Laminate, Vinyl
Kitchen Information
  • Has Appliances
  • Gas Range, Water Heater
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Rain Gutters, Stable
  • Has Fence
  • Block, Vinyl
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Front Yard, Lot 6500-9999, Sprinkler System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 5
  • Parcel Number: 8377009021
  • Year Built Source: Public Records
  • Architectural Style: Craftsman
  • Entry Level: 1
  • Property is Attached
  • Property Condition: Additions/Alterations, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: E/ E Street - S/ Bonita
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local La Verne Agent

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Sale History for 2267 3Rd St

Last sold for $1,000,000 on October 18th, 2023
  • July, 2024

  • Jul 1, 2024

    Date

    Withdrawn

    CRMLS: CV24112646

    $2,350

    Price

  • Jun 7, 2024

    Date

    Active

    CRMLS: CV24112646

    $2,550

    Price

  • Listing provided courtesy of CRMLS

    Welcome to your newly renovated upstairs unit in the heart of Old Town La Verne! This beautifully updated building features modern upgrades throughout. A charming white picket fence encloses the property, and a concrete walkway bordered by lush grass lawns, mature trees, and a welcoming light fixture leads you to the back building and staircase. The front porch spans the width of the building, offering a perfect spot to relax. Enter through the front door to an open layout featuring brand new luxury vinyl plank floors and new windows that flood the space with natural light. The brand new kitchen boasts white shaker cabinetry, stainless steel appliances, and includes a refrigerator. There is one spacious bedroom with mountain views and a remodeled bathroom. The hallway includes a brand new stackable washer/dryer for your convenience. There is a mini split AC/Heat system, one in the family room and one in the bedroom. You have a one car garage space as well! Experience modern living in this fully updated home. Schedule a viewing today and make this stunning rental your new home! Tenant pays for electricity and gas. Water and trash are included.

  • October, 2023

  • Oct 18, 2023

    Date

    Sold

    CRMLS: CV23160732

    $1,000,000

    Price

  • Aug 28, 2023

    Date

    Active

    CRMLS: CV23160732

    $1,300,000

    Price

  • March, 2011

  • Mar 25, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2000

  • Mar 10, 2000

    Date

    Sold (Public Records)

    Public Records

    $268,000

    Price

Show More

Tax History for 2267 3Rd St

Assessed Value (2020): $378,218
Year Land Value Improved Value Assessed Value
2020 $126,473 $251,745 $378,218

Home Value Compared to the Market

This property vs the competition

2267 3Rd St sold on October 18, 2023 for 44.44% higher than the current median sold price for the city of La Verne which is $900,000. The median sold price per/sqft for La Verne is $539 and this home is sold at $414.94 per/sqft which puts the price per square foot 23.02% lower than the current median sale per square foot for the city of La Verne.

About 2267 3Rd St

Detailed summary of property

2267 3Rd St is a fourplex that recently sold in La Verne, CA 91750. This fourplex offered 8 bedrooms, 5 bathrooms, roughly 3,133 living square feet, and sits on an approximately 8,716 square foot lot. 2267 3Rd St was first listed on ArdentRealEstateGroup.com on August 28, 2023. The homeowner sold the property for $1,000,000. Home in La Verne are selling for a median price of $900,000 and a median price per square foot of $539. Based on Ardent Real Estate Group's La Verne Market Data, this home is sold 44.44% higher than the current median priced home. Local homes that are currently for sale include 13931 Leffingwell Rd, 1007 E Maple St and 5406-5408 Via Corona St. While the average home in La Verne, CA is selling in 30 days, 2267 3Rd St has a days on market of 2 days. There are currently 63 homes for sale in the La Verne real estate market and 56 of them are single family homes while 5 of them are condos and 2 are townhomes. For more information on this home for sale at 2267 3Rd St La Verne, CA 91750 contact Ardent Real Estate Group and we will put you in touch with one of our La Verne agents.

Public Facts for 2267 3Rd St

Public county record property details
Beds
6
Baths
4
Year built
1924
Sq. Ft.
3,133
Lot Size
8,716
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
34-36
APN
8377-009-021

The source for these homes facts are from public records.

91750 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,095,000
Median List Price/Sq.Ft.
$526
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$492
Total Inventory
65
Median Sale to List Price %
100.11%
Avg Days on Market
11
Loan Type
Conventional (60%), FHA (6.67%), VA (0%), Cash (13.33%), Other (13.33%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.