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2480 5th St, La Verne, CA 91750
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2480 5th St La Verne, CA 91750

$797,500 Sold Price as of 07/28/2023
  • 4 Beds
  • 1 Baths
  • 1,659 Sq.Ft.
Sold
$797,500 Sold Price as of 07/28/2023 Refinance Your Mortgage
Map preview of 2480 5th St, La Verne, CA 91750

Property Overview: 2480 5th St La Verne, CA has 4 bedrooms, 1 bathrooms, 1,659 living square feet and 6,582 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Investment opportunity near the downtown village of La Verne and the University of La Verne. The main home is an early 1900 charming 3 bedroom 1 bathroom home the detached ADU was finished and permitted in 2021 and features The ADU features a quaint living area, kitchen, 1 bedroom, 1 bathroom, and a solar panel system that feeds the main house. Recent upgrades at this property include its newer roof and attic insulation, HVAC, windows, an updated electric panel with underground service, and plumbing lines. These updates ensure that the home is energy-efficient and comfortable year-round. The recently paved concrete driveway and white vinyl picket fencing in the front yard add to the property's curb appeal and provide plenty of onsite parking. This is the perfect spot for anyone looking for an income property with a location that provides easy access to major freeways and public transportation, making it ideal for commuters.

Listed by Thomas Gibson | BRE #01319085 | THE WRIGHT ASSOCIATED COMPANY
Last checked: 13 minutes ago | Last updated: August 26th, 2023 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
6,582
HOA Dues
$0/mo
Year built
1905
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
CV23110761
City
La Verne
County
Los Angeles
Time on Site
454 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $19,800
  • Net Operating Income: $19,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $2,400
  • Gas/Fuel: $0
  • Trash: $520
  • Insurance: $1,250
  • Water/Sewer: $860

Property Details for 2480 5th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Kitchen, Living Room
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Other Structures: Guest House Detached, Two On A Lot
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Back Yard, Front Yard, Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 8377006002
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Cross Streets are White Ave and Bonita Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local La Verne Agent

Sale History for 2480 5th St

Last leased for $2,000 on August 21st, 2023

  • August, 2023

  • Aug 21, 2023

    Date

    Leased

    CRMLS: CV23142831

    $2,000

    Price

  • Aug 2, 2023

    Date

    Active

    CRMLS: CV23142831

    $1,950

    Price

  • Listing provided courtesy of CRMLS

    2021 Built ADU with a separate address! Located in a quiet residential area of the Lordsburg district of La Verne, Ca. This one bedroom, one bath ADU has been recently constructed, with your own dedicated parking spot for one car. It comes with the following appliances: oven,refrigerator, microwave, and stackable washer/dryer. The ADU comes with a large bonus storage room and locker. LOcated minutes away from downtown La Verne. It is nearby to lots of shopping and restaurants,University of La Verne, and easy access to the 210, 57,and 10 freeway. Owner will pay for all utilities and the gardener. This is a smoke free property. Applicants must have a credit score of 700+ and provide verifiable income of at least 2.5 times the monthly rent. Tenant must obtain renter's insurance.

  • July, 2023

  • Jul 28, 2023

    Date

    Sold

    CRMLS: CV23110355

    $797,500

    Price

  • Jun 21, 2023

    Date

    Active

    CRMLS: CV23110355

    $799,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to 2480 Fifth Street, a charming property near the downtown village of La Verne and the University of La Verne. This beautiful early 1900s home boasts all the charm and character you would expect from a home of this era, even with the many newer upgrades. One of the highlights of this property is the detached ADU that was completed and permitted in 2021, providing an excellent investment opportunity or additional space for extended family. The ADU features a quaint living area, kitchen, one bedroom, a bathroom, and a solar panel system that feeds the main house, which is a benefit for anyone looking to reduce their carbon footprint and save money on utility bills. Recent upgrades at this property include its newer roof and attic insulation, HVAC, windows, an updated electric panel with underground service, and plumbing lines. These updates ensure that the home is energy-efficient and comfortable year-round, providing peace of mind to potential buyers. The recently paved concrete driveway and white vinyl picket fencing in the front yard add to the property's curb appeal and provide plenty of onsite parking, making it the envy of the neighborhood. This is the perfect spot for anyone looking for a beautiful home just a stone's throw away from fantastic dining and entertainment options. The location also provides easy access to major freeways and public transportation, making it ideal for commuters. The main house has three bedrooms and one bath the ADU has one bedroom and one bathroom.

  • July, 2023

  • Jul 28, 2023

    Date

    Sold

    CRMLS: CV23110761

    $797,500

    Price

  • Jun 22, 2023

    Date

    Active

    CRMLS: CV23110761

    $799,000

    Price

  • July, 2020

  • Jul 4, 2020

    Date

    Canceled

    CRMLS: CV20076125

    $569,900

    Price

  • Jun 25, 2020

    Date

    Active

    CRMLS: CV20076125

    $569,900

    Price

  • Jun 23, 2020

    Date

    Pending

    CRMLS: CV20076125

    $569,900

    Price

  • May 29, 2020

    Date

    Price Change

    CRMLS: CV20076125

    $569,900

    Price

  • Apr 20, 2020

    Date

    Active

    CRMLS: CV20076125

    $580,000

    Price

  • Listing provided courtesy of CRMLS

    Don't miss the opportunity to own this well maintained cottage home located on a corner lot within walking distance to Downtown La Verne that features 2 bedrooms, a den that is currently being used as a 3rd bedroom, and a charming bathroom with vintage claw-foot tub. Some additional features of this wonderful home include a recently updated electrical panel and wiring throughout the house, a nice kitchen with a breakfast bar for extra seating, a dining room, Victorian style large doorways, pocket doors to close off living room, indoor laundry room, ceiling fans, tall ceilings, and an over sized one car garage. The back yard is a perfect place for entertaining with a beautiful spacious deck, grass area and a lemon tree. Situated near downtown La Verne and the University of La Verne. Convenient to shopping, parks, and schools. This home is a must see!

  • July, 2018

  • Jul 20, 2018

    Date

    Sold

    CRMLS: CV18076844

    $495,000

    Price

  • May 5, 2018

    Date

    Pending

    CRMLS: CV18076844

    $493,900

    Price

  • Apr 19, 2018

    Date

    Active Under Contract

    CRMLS: CV18076844

    $493,900

    Price

  • Apr 17, 2018

    Date

    Active

    CRMLS: CV18076844

    $493,900

    Price

  • Apr 14, 2018

    Date

    Active Under Contract

    CRMLS: CV18076844

    $493,900

    Price

  • Apr 11, 2018

    Date

    Active

    CRMLS: CV18076844

    $493,900

    Price

  • Apr 10, 2018

    Date

    Hold

    CRMLS: CV18076844

    $493,900

    Price

  • Apr 6, 2018

    Date

    Active

    CRMLS: CV18076844

    $493,900

    Price

  • Apr 6, 2018

    Date

    Hold

    CRMLS: CV18076844

    $493,900

    Price

  • Apr 5, 2018

    Date

    Active

    CRMLS: CV18076844

    $493,900

    Price

  • Listing provided courtesy of CRMLS

    This is a well maintained 1905 built hipped-roof cottage home within the Lordsburg Specific Plan Area of La Verne. Victorian style large doorways, pocket doors to close off living room. This two bedroom one bath home with tall ceilings, light carpet and laminate flooring has an over sized one car garage. There is an indoor laundry room off the rear porch and a cellar under the home. The foundation was retrofitted/upgraded in 1999. This home is being sold in its current as is condition. Buyers to satisfy self with the City of La Verne on structure changes/modifications within the Lordsurg Specific Plan Area.

  • July, 2018

  • Jul 20, 2018

    Date

    Sold (Public Records)

    Public Records

    $495,000

    Price

Show More

Tax History for 2480 5th St

Assessed Value (2020): $504,900
Year Land Value Improved Value Assessed Value
2020 $403,920 $100,980 $504,900

Home Value Compared to the Market

This property vs the competition

2480 5th St sold on July 28, 2023 for 32% lower than the current median sold price for the city of La Verne which is $1,175,000. The median sold price per/sqft for La Verne is $532 and this home is sold at $481.62 per/sqft which puts the price per square foot 9.47% lower than the current median sale per square foot for the city of La Verne.

About 2480 5th St

Detailed summary of property

2480 5th St is a single family home that recently sold in La Verne, CA 91750. This house offered 4 bedrooms, 1 bathrooms, roughly 1,659 living square feet, and sits on an approximately 6,582 square foot lot. 2480 5th St was first listed on ArdentRealEstateGroup.com on June 23, 2023. The homeowner sold the property for $797,500. Home in La Verne are selling for a median price of $1,175,000 and a median price per square foot of $532. Based on Ardent Real Estate Group's La Verne Market Data, this home is sold 32% lower than the current median priced home. Local homes that are currently for sale include 3777 Live Oak Dr, 1910 Westwood Pl and 219 Promenade Dr. While the average home in La Verne, CA is selling in 42 days, 2480 5th St has a days on market of 6 days. There are currently 61 homes for sale in the La Verne real estate market and 55 of them are single family homes while 5 of them are condos and 1 are townhomes. For more information on this home for sale at 2480 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 2480 5th St

Public county record property details
Beds
2
Baths
1
Year built
1905
Sq. Ft.
1,330
Lot Size
6,581
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
1,2
APN
8377-006-002

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
$1,044,000
Median List Price/Sq.Ft.
$540
Median Sold Price
$1,175,000
Median Sold Price/Sq.Ft.
$532
Total Inventory
61
Median Sale to List Price %
108%
Avg Days on Market
20
Loan Type
Conventional (59.26%), FHA (3.7%), VA (7.41%), Cash (11.11%), Other (18.52%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 2480 5th St

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2525 5th St, La Verne, CA 91750
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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.

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