2302 8Th St, La Verne, CA 91750
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2302 8Th St La Verne, CA 91750

$1,999,000
  • 7 Beds
  • 5 Baths
  • 2,945 Sq.Ft.
For Sale
$1,999,000 Get Pre-Qualified

Map preview of 2302 8Th St, La Verne, CA 91750

Property Overview: 2302 8Th St La Verne, CA has 7 bedrooms, 5 bathrooms, 2,945 living square feet and 8,186 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Fully approved City of La Verne triplex! Main home is 3 bedroom and 2 full bathrooms comprised of 1,563 SF, Large ADU at 1,000 SF, and Ja Junior ADU at 382 SF with a total living area of 2,945 SF. Each unit has its own entry. All units share the same utility meters (gas, water, electric). Detached 2 car garage with a six car driveway and RV parking. Alley access to garage and parking. Property features fenced rear, side and front yards. Two units are leased and one is owner occupied. Owner to vacate prior to close of escrow while the other two tenants will remain. SFR (Unit A) is a 3 bed / 2 bath home with a gallery kitchen and the living room features a fireplace. ADU (Unit B) is a two story 3 bed and one bath ADU with a full kitchen, laundry, bath and it’s own private entry, Junior ADU (Unit C) is a studio with its own kitchen, bath and private entry. Flooring features wood, marble and laminate. SFR has a master bathroom jacuzzi tub. The roof is less than a year old and solar is paid off. This multi-family unit is at the center of La Verne and walking distance from parks, minutes from Raging Waters, Bonelli Recreational Lake, schools, shopping and places of worship, Metro Train, Univ of La Verne, Claremont Colleges, and more The house faces north with a scenic view of the Foothills and La Flores Park.

Listed by ROY ERIKSEN | BRE #01767185 | RE/MAX Proper
Last checked: 7 minutes ago | Last updated: June 2nd, 2024 | Source CRMLS | DOM: 36
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Home details

Lot Sq. Ft
8,186
HOA Dues
$0/mo
Year built
1977
Garage
2 Car
Property Type:
Triplex
Status
Active
MLS#
IV24102689
City
La Verne
County
Los Angeles
Time on Site
35 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,870
  • Total Rent: $1,870
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 2302 8Th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 8375026062
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: White to 8th
Neighborhood Information
  • Community Features: Biking, Curbs, Fishing, Foothills, Golf, Hiking, Park
View more facts & features

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Sale History for 2302 8Th St

Last sold for $594,000 on May 4th, 2005
  • May, 2024

  • May 21, 2024

    Date

    Active

    CRMLS: IV24102689

    $1,999,000

    Price

  • August, 2022

  • Aug 31, 2022

    Date

    Canceled

    CRMLS: CV22071867

    $1,599,000

    Price

  • Apr 11, 2022

    Date

    Active

    CRMLS: CV22071867

    $1,599,000

    Price

  • Listing provided courtesy of CRMLS

    City approved three units comprised of a main SFR (1,563 SF), main Accessory Dwelling Unit (ADU) at 1,000 SF, and Junior ADU (JRADU) at 382 SF with a total living area SF of 2,945 SF. Each unit has its own entry. All units are share the same utility meters (gas, water, electric). Detached 2 car garage with a six car driveway and RV parking. Alley access to garage and parking. Property features fenced rear, side and front yards. Two units are leased and one is owner occupied. Owner to vacate prior to close of escrow while the other two tenants will remain. SFR (Unit A) is a 3 bed / 2 bath home with a gallery kitchen and the living room features a fireplace. ADU (Unit B) is a two story 3 bed and one bath ADU with a full kitchen, laundry, bath and it’s own private entry, Junior ADU (Unit C) is a studio with its own kitchen, bath and private entry. Flooring features wood, marble (noted as tile below) and laminate. Relax in the SFR master bathroom jacuzzi tub, This multi-family unit is at the center of La Verne and walking distance from parks, minutes from Raging Waters, Bonelli Recreational Lake, schools, shopping and places of worship, Metro Train, Univ of La Verne, Claremont Colleges, and more The house faces north with a scenic view of the Foothills and La Flores Park.

  • April, 2022

  • Apr 14, 2022

    Date

    Active

    CRMLS: CV22075582

    $1,599,900

    Price

  • Listing provided courtesy of CRMLS

    City approved three units comprised of a main SFR (1,563 SF), main Accessory Dwelling Unit (ADU) at 1,000 SF, and Ja Junior ADU (JRADU) at  382 SF  with a total living area SF of 2,945 SF.  Each unit has its own entry.  All units share the same utility meters (gas, water, electric).  Detached 2 car garage with a six car driveway and RV parking.  Alley access to garage and parking. Property features fenced rear, side and front yards. Two units are leased and one is owner occupied. Owner to vacate  prior to close of escrow while the other two tenants will remain.  SFR (Unit A) is a 3 bed / 2 bath home with a gallery kitchen and the living room features a fireplace.  ADU (Unit B) is a two story 3 bed and one bath ADU with a full kitchen, laundry, bath and it’s own private entry, Junior ADU (Unit C) is a studio with its own kitchen, bath and private entry. Flooring features wood, marble (noted as tile below) and laminate. Relax in the SFR master bathroom jacuzzi tub,  This multi-family unit is at the center of La Verne and walking distance from parks, minutes from Raging Waters, Bonelli Recreational Lake, schools, shopping and places of worship, Metro Train,  Univ of La Verne, Claremont Colleges, and more  The house faces north with a scenic view of the Foothills and La Flores Park.

  • May, 2020

  • May 19, 2020

    Date

    Expired

    CRMLS: CV20036818

    $850,000

    Price

  • Feb 22, 2020

    Date

    Active

    CRMLS: CV20036818

    $850,000

    Price

  • Listing provided courtesy of CRMLS

    Money Maker for an Investor. This single family home has been converted into 3 rentals units. No it is not permitted as 3 units but the 2977 sq ft Is permitted square footage. The City of La Verne is aware of the property being used as units and will consider the allowing the 3 units with permits with some adjustments and submission requirements. The income potential is high and convenient for La Verne University Students. The buyer has the option to complete conversion to be permitted as 3 units or make necessary modifications to convert back to a very large 6 Bedroom Family home.

  • October, 2018

  • Oct 10, 2018

    Date

    Canceled

    CRMLS: CV17260722

    $870,000

    Price

  • Oct 10, 2018

    Date

    Active

    CRMLS: CV17260722

    $870,000

    Price

  • Jun 20, 2018

    Date

    Withdrawn

    CRMLS: CV17260722

    $870,000

    Price

  • May 24, 2018

    Date

    Active

    CRMLS: CV17260722

    $870,000

    Price

  • Feb 17, 2018

    Date

    Pending

    CRMLS: CV17260722

    $870,000

    Price

  • Feb 17, 2018

    Date

    Active

    CRMLS: CV17260722

    $870,000

    Price

  • Jan 22, 2018

    Date

    Active Under Contract

    CRMLS: CV17260722

    $870,000

    Price

  • Nov 27, 2017

    Date

    Active

    CRMLS: CV17260722

    $870,000

    Price

  • Listing provided courtesy of CRMLS

    BACK ON THE MARKET (pending cancellation of current contract) - an ALL PERMITTED, SINGLE FAMILY HOME (SFR) with multiple rented spaces (3 UNITS) in a great, La Verne neighborhood! EXCELLENT LOCATION; across from Los Flores Park (park has 16 acres, 2 Playgrounds, Softball, Soccer, Tennis, an Olympic-sized Pool, Horseshoe, and numerous Picnic Areas), a block from a highly-rated elementary school, less than 1 mile from downtown La Verne, the very high-performing Bonita High School, and from the renowned University of La Verne. This area is in HIGH DEMAND! The home has been upgraded extensively inside; full kitchen remodels, high-quality marble tile, upscale wood flooring, and impressive bathroom remodeling. The portion of the SFR home that functions as Unit A (the original main home) is a spacious 3 Bedroom, 2 Bath house with approx. 1700 sq. ft. of living space. The attached PERMITTED additions (built in 1979) include the Unit B section - with a full kitchen, a living/dining room area, and an upstairs with two bedrooms and a den (currently functioning as a third bedroom in Unit B), and the Unit C part - a studio with kitchenette and a full bathroom. This is a strong investment offering, operating as a nearly "no vacancy" multi-unit rental since 1980, with long-term value in an established and booming college town, with great demand, and upside rent potential. Due to non-conforming nature of the property (SFR with multi-units), may not qualify for conventional financing.

  • May, 2005

  • May 4, 2005

    Date

    Sold (Public Records)

    Public Records

    $594,000

    Price

Show More

Tax History for 2302 8Th St

Assessed Value (2020): $757,077
Year Land Value Improved Value Assessed Value
2020 $431,687 $325,390 $757,077

Home Value Compared to the Market

This property vs the competition

2302 8Th St is listed 86.14% higher than the median list price for the city of La Verne which has a median list price of $1,073,938. The median price per/sqft for La Verne is $513 and this home is listed at $678.78 per/sqft which puts the price per square foot 32.32% higher than the median price per square foot for the city of La Verne.

About 2302 8Th St

Detailed summary of property

2302 8Th St is a triplex located in La Verne, CA 91750 and is currently for sale. This triplex offers 7 bedrooms, 5 bathrooms, roughly 2,945 living square feet, and sits on an approximately 8,186 square foot lot. 2302 8Th St was first listed on ArdentRealEstateGroup.com on May 21, 2024. The homeowner is currently asking $1,999,000. The median priced home in La Verne is $1,073,938 with a median price per square foot of $513. Based on Ardent Real Estate Group's La Verne Market Data, this home is listed 86.14% higher than the median priced home. Local competing homes currently for sale include 16591 E Buena Vista Ave, 709 E Santa Fe Ave and 2075 N Highland St. While the average home in La Verne, CA is selling in 30 days, 2302 8Th St has a days on market of 36 days. There are currently 60 homes for sale in the La Verne real estate market and 54 of them are single family homes while 4 of them are condos and 2 are townhomes. For more information on this home for sale at 2302 8Th 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 2302 8Th St

Public county record property details
Beds
6
Baths
3
Year built
1977
Sq. Ft.
2,977
Lot Size
8,183
Stories
--
Type
Single Family Residential
Pool
No
Spa
Yes
County
Los Angeles
Lot#
1,11
APN
8375-026-062

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.
$510
Median Sold Price
$900,000
Median Sold Price/Sq.Ft.
$539
Total Inventory
61
Median Sale to List Price %
102.51%
Avg Days on Market
29
Loan Type
Conventional (55.56%), FHA (5.56%), VA (5.56%), Cash (11.11%), Other (11.11%)

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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.