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2448 5th St La Verne, CA 91750

$1,001,000 Sold Price as of 06/09/2022

6 Beds
2.75 Baths
2,191 Sq.Ft.

Sold

$1,001,000 Sold Price as of 06/09/2022 Refinance Your Mortgage

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Map preview of 2448 5th St, La Verne, CA 91750

Property Overview: 2448 5th St La Verne, CA has 6 bedrooms, 2.75 bathrooms, 2,191 living square feet and 8,399 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Rare duplex property in the highly sought after historic Lordsburg District of La Verne, perfect as an investment or to live in one and rent out the other. Situated near downtown La Verne and The University of La Verne as well as an amazing school district. As you walk onto the manicured front landscaping which offers a lush garden with a beautiful mature oak tree, you will be lead to the covered front porch where you’re greeted by the charming porch swing at the main house. The inviting front door opens to the living room offering hardwood flooring, beautiful chair-rails all throughout the house fitting for this Craftsman home, and double hung windows that flood the space with bright and airy natural light. The kitchen features classic oak cabinetry, tiled floors, stainless steel appliances, mudroom with washer/dryer hookups and a backyard view. The character filled dining room has oak wainscoting, a chandelier, and an inviting window that brings in warm and bright sunlight. This home has the primary en-suite bedroom on the bottom floor, with an additional bathroom adjacent to the mudroom, and three bedrooms on the top floor. The main house has 4 bedrooms and 2 baths at 1386 sq ft. Behind this property is a recently renovated 2 bedroom 1 bath back house that is 805 sq ft. with a separate address and separate meters. The back unit offers seclusion and privacy with a new white vinyl fence separating it from the front house. As you enter the back house, you’re invited to new flooring throughout the home and a bright and open floorplan. The modern and sleek kitchen features new quartz countertops, new cabinetry, and newer stainless steel appliances. There are two bedrooms and a completely renovated full bathroom. It even comes with its own washer/dryer in the garage. It also has a separate entrance from the rear of the house making it perfect for in-laws or renters! The property features 2 one-car garages and plenty of parking on both the front and the rear of the property. This opportunity is truly unique, make this your home or investment today!

Listed by PEGGY LIM | BRE #02040293 | EXP REALTY

Last checked: 2 minutes ago | Last updated: April 5th, 2024 | Source CRMLS | DOM: 31

Home details

Lot Sq. Ft: 8,399
HOA Dues: $0/mo
Year built: 1954
Garage: 2 Car
Property Type:: Multi Family

Status: Sold
MLS#: WS22088298
City: La Verne
County: Los Angeles
Time on Site: 797 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 2
Total # of Buildings: 2
# of Electric Meters: 2
# of Gas Meters: 2
# of Water Meters: 2

Unit Breakdown 1

# of Units: 1
# of Beds: 4
# of Baths: 2
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $2,500
Total Rent: $2,500
Pro Forma/Market Rent: $3,000

Unit Breakdown 2

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $2,400
Total Rent: $2,400
Pro Forma/Market Rent: $2,600

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $58,800
Net Operating Income: $44,720
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $14,080
Trash: $1,200
Insurance: $1,000

Property Details for 2448 5th St

Interior Features

Laundry Information

Has Laundry
Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 2
# of Parking Spaces: 4
Has Parking
Parking Features: Off Street

Lot Information

Lot Features: 0-1 Unit/Acre
Lot Size Source: Assessor
Common Interest: None

Property Information

Common Walls: No Common Walls
Total # of Units: 2
Parcel Number: 8377006023
Year Built Source: Public Records
Architectural Style: Craftsman
Property is not Attached
Offered With Property: Back house fridge, washer and dryer

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: Off of Bonita Ave

Neighborhood Information

Community Features: Suburban

View more facts & features

Local La Verne Agent

Sale History for 2448 5th St

Last leased for $2,500 on April 4th, 2024

April, 2024
Apr 4, 2024

Date

Leased

CRMLS: CV24007866

$2,500

Price
Jan 13, 2024

Date

Active

CRMLS: CV24007866

$2,700

Price
Listing provided courtesy of CRMLS

Remodeled 2 bedroom 1 bath back unit located near The University of La Verne and old town La Verne in a top rated school district with a separate address and separate utility meters. The back unit offers seclusion and privacy with a new white vinyl fence separating it from the front house and its own one car garage. As you enter the house, you’re invited by newer flooring throughout the home and a bright and open floorplan. The modern and sleek kitchen features quartz countertops, newer cabinetry, and newer stainless steel appliances. Walking distance to Downtown La Verne – dining, night life, coffee, the University of La Verne and more. All tenants must carry renter's insurance for the totality of their lease. RentSpree link https://apply.link/41XAdNy

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March, 2023
Mar 15, 2023

Date

Leased

CRMLS: CV22213799

$3,500

Price
Oct 3, 2022

Date

Active

CRMLS: CV22213799

$3,600

Price
Listing provided courtesy of CRMLS

4-bedroom 2 bath 1386 square foot California Craftsman home in the highly sought-after historic Lordsburg District of La Verne, situated near downtown La Verne and The University of La Verne. The home is located in the highly sought after La Verne school district. New flooring throughout and newly remodeled bathrooms, with the main bathroom featuring a new quartz and tile shower, new plumbing fixtures and a new vanity. The front yard is highlighted with a beautiful mature oak tree and a covered front porch. The front door opens to the living room, with beautiful chair rail wainscoting all throughout the house. Plenty of large windows fill the home with natural light. The kitchen features classic oak cabinetry, tiled floors, stainless steel appliances, and laundry with washer/dryer hookups and a backyard view. The dining room has oak wainscoting, a chandelier, and an inviting window that brings in warm and bright sunlight. This home has a primary en-suite bedroom on the downstairs and three bedrooms on the top floor. The property features a one-car garage. This rental opportunity is truly unique, make this your home today!

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August, 2022
Aug 16, 2022

Date

Leased

CRMLS: CV22163615

$2,400

Price
Jul 26, 2022

Date

Active

CRMLS: CV22163615

$2,400

Price
Listing provided courtesy of CRMLS

Remodeled 2 bedroom 1 bath back unit located near The University of La Verne and old town La Verne in a top rated school district with a separate address and separate utility meters. The back unit offers seclusion and privacy with a new white vinyl fence separating it from the front house and its own one car garage. As you enter the house, you’re invited by newer flooring throughout the home and a bright and open floorplan. The modern and sleek kitchen features quartz countertops, newer cabinetry, and newer stainless steel appliances. Walking distance to Downtown La Verne – dining, night life, coffee, the University of La Verne and more. All tenants must carry renter's insurance for the totality of their lease. Refrigerator, washer and dryer included without warranty.

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June, 2022
Jun 9, 2022

Date

Sold

CRMLS: WS22088298

$1,001,000

Price
Apr 29, 2022

Date

Active

CRMLS: WS22088298

$998,000

Price
March, 2020
Mar 31, 2020

Date

Sold

CRMLS: CV19028254

$768,000

Price
Mar 30, 2020

Date

Pending

CRMLS: CV19028254

$799,980

Price
Jan 3, 2020

Date

Active Under Contract

CRMLS: CV19028254

$799,980

Price
Oct 11, 2019

Date

Price Change

CRMLS: CV19028254

$799,980

Price
Sep 13, 2019

Date

Price Change

CRMLS: CV19028254

$838,000

Price
Aug 19, 2019

Date

Price Change

CRMLS: CV19028254

$845,000

Price
Aug 1, 2019

Date

Price Change

CRMLS: CV19028254

$848,500

Price
Jun 6, 2019

Date

Price Change

CRMLS: CV19028254

$849,500

Price
Feb 21, 2019

Date

Price Change

CRMLS: CV19028254

$873,900

Price
Feb 6, 2019

Date

Active

CRMLS: CV19028254

$875,000

Price
Listing provided courtesy of CRMLS

CHARMING SINGLE FAMILY HOME WITH SEPARATE GUEST HOUSE SITUATED IN THE "VILLAGE AREA OF DOWNTOWN LA VERNE". LIVE IN THE MAIN HOUSE AND COLLECT INCOME FROM THE BACK RENTAL! THE FRONT HOUSE WAS BUILT IN 1890 AND THE SQUARE FOOTAGE IS 1,386 PER ASSESSOR (FEELS MUCH LARGER) AND THE MASTER BEDROOM SUITE AND BATHROOM ARE LOCATED DOWNSTAIRS, 3 BEDROOMS ARE LOCATED UPSTAIRS. SEPARATE LAUNDRY ROOM AND 3/4 BATHROOM OFF THE KITCHEN DOWNSTAIRS AND THE HOME HAS CENTRAL A/C & HEATING. THE BACK HOUSE ADDRESS 2452 5TH STREET IS A 2 BEDROOM 1 BATH 805 SQUARE FEET BUILT IN 1954 ALSO HAS CENTRAL A/C & HEATING, PRIVATE FENCED YARD AND SEPARATE UTILITIES, WATER,GAS & ELECTRIC AND ATTACHED 2 CAR GARAGE OFF THE ALLEY AND A LONG TERM TENANT. NOTE: PLEASE "DO NOT DISTURB TENANTS" SHOWINGS ARE APPOINTMENT ONLY.

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March, 2020
Mar 31, 2020

Date

Sold

CRMLS: CV19028011

$768,000

Price
Mar 1, 2020

Date

Pending

CRMLS: CV19028011

$799,980

Price
Jan 3, 2020

Date

Active Under Contract

CRMLS: CV19028011

$799,980

Price
Oct 11, 2019

Date

Price Change

CRMLS: CV19028011

$799,980

Price
Sep 13, 2019

Date

Price Change

CRMLS: CV19028011

$838,000

Price
Aug 19, 2019

Date

Price Change

CRMLS: CV19028011

$845,000

Price
Aug 1, 2019

Date

Price Change

CRMLS: CV19028011

$848,500

Price
Jun 6, 2019

Date

Price Change

CRMLS: CV19028011

$849,500

Price
Feb 21, 2019

Date

Price Change

CRMLS: CV19028011

$873,900

Price
Feb 6, 2019

Date

Active

CRMLS: CV19028011

$875,000

Price
Listing provided courtesy of CRMLS

TWO HOUSES ON ONE LOT IN THE "VILLAGE AREA OF LA VERNE". LIVE IN THE CHARMING VINTAGE SINGLE FAMILY HOME IN THE FRONT AND RENT & RECEIVE INCOME FROM THE BACK HOUSE WHICH HAS SEPARATE UTILITIES, WATER,TRASH & ELECTRIC. THE FRONT HOUSE WAS BUILT IN 1890 PER ASSESSOR, MASTER BEDROOM AND MASTER BATH ARE SITUATED DOWNSTAIRS AND 3 ADDITIONAL BEDROOMS ARE UPSTAIRS. SEPARATE LAUNDRY ROOM DOWNSTAIRS AND A 3/4 BATH DOWNSTAIRS, THE SQUARE FOOTAGE IN THE FRONT HOUSE IS 1,386 PER ASSESSOR(FEELS MUCH LARGER) WITH CENTRAL A/C & HEATING. THE BACK HOUSE WAS BUILT IN 1954 (SEPARATE UTILITIES) 2 BEDROOMS 1 BATHROOM, PRIVATE FENCED YARD, CENTRAL A/C & HEATING AND 805 SQUARE FEET PER ASSESSOR. BOTH HOMES ARE CURRENTLY RENTED MONTH TO MONTH RENTAL AGREEMENTS. "DO NOT DISTURB TENANTS" CONTACT LISTING AGENT FOR SHOWING APPOINTMENTS. THE RENTS ARE BELOW MARKET VALUE.

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March, 2020
Mar 31, 2020

Date

Sold (Public Records)

Public Records

$768,000

Price
July, 2014
Jul 25, 2014

Date

Sold (Public Records)

Public Records

$625,000

Price
June, 2014
Jun 1, 2014

Date

Price Change

CRMLS: CV14113302

$619,000

Price
Listing provided courtesy of CRMLS

Two houses on a lot in the Vintage area of La Verne. Charming front home built in 1890 with wonderful front porch. Completely remodeled. Living room and dining area with oak floors. Separate area could be office/den. Master bedroom with private bath downstairs, with huge deck off bedroom. Huge kitchen with oak cabinets and granite counters, refrigerator and stove. Plenty of room for casual eating area. Separate laundry room with washer and dryer. 3 additional bedrooms upstairs. Central air conditioning. Basement. Back house built in 1954. Separated from front house by fenced in yard. Large living room and dining area. Kitchen with dishwasher, stove and refrigerator. 2 bedrooms and one bathroom. Also recently remodeled. Central air conditioning. Laundry in garage. Washer and dryer included. 2 garages. Beautiful yards with huge trees and fruit trees. Both currently rented with long term tenants. Always rents quickly.

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Tax History for 2448 5th St

Assessed Value (2020): $686,834

Year	Land Value	Improved Value	Assessed Value
2020	$329,680	$357,154	$686,834

Home Value Compared to the Market

This property vs the competition

2448 5th St sold on June 9, 2022 for 5.05% higher than the current median sold price for the city of La Verne which is $950,000. The median sold price per/sqft for La Verne is $492 and this home is sold at $455.5 per/sqft which puts the price per square foot 7.42% lower than the current median sale per square foot for the city of La Verne.

About 2448 5th St

Detailed summary of property

2448 5th St is a multi family that recently sold in La Verne, CA 91750. This multi family property offered 6 bedrooms, 2.75 bathrooms, roughly 2,191 living square feet, and sits on an approximately 8,399 square foot lot. 2448 5th St was first listed on ArdentRealEstateGroup.com on April 30, 2022. The homeowner sold the property for $1,001,000. Home in La Verne are selling for a median price of $950,000 and a median price per square foot of $492. Based on Ardent Real Estate Group's La Verne Market Data, this home is sold 5.05% 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 31 days, 2448 5th St has a days on market of 31 days. There are currently 66 homes for sale in the La Verne real estate market and 59 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 2448 5th 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 2448 5th St

Public county record property details

Beds: 6
Baths: 2
Year built: 1954
Sq. Ft.: 2,191
Lot Size: 8,399
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 5,6
APN: 8377-006-023

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

Median Sale to List Price %

100.11%

Avg Days on Market

Loan Type

Conventional (60%), FHA (6.67%), VA (0%), Cash (13.33%), Other (13.33%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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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.