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2530 Magnolia Avenue, La Verne, CA 91750
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2530 Magnolia Avenue
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  • MLS#: CV25036100 ( Single Family Residence )
  • Street Address: 2530 Magnolia Avenue
  • Viewed: 4
  • Price: $1,789,000
  • Price sqft: $496
  • Waterfront: No
  • Year Built: 1948
  • Bldg sqft: 3607
  • Bedrooms: 8
  • Total Baths: 8
  • Full Baths: 8
  • Garage / Parking Spaces: 2
  • Days On Market: 6
  • Additional Information
  • County: LOS ANGELES
  • City: La Verne
  • Zipcode: 91750
  • District: Bonita Unified
  • Provided by: Vantage Capital Inc.
  • Contact: Fenping Fenping
  • DMCA Notice
  • Description
    Great Investment Opportunity in La Verne , the return CAP rate is over 5%, The newly built property offers 8 bedrooms, 8.5 bathrooms, and is divided into three separate units. One unit is 3 beds, 3 baths , monthly rent is $3200, One unit is 2 beds and 2 baths , monthly rent is $2500, One unit is 3 beds and 3.5 baths, market monthly rent is about $4300, total monthly rent is about $10,000.00, very low property Tax with NO HOA fee. It is great location with privacy Corner Lot, minutes walk to Park, close to an award winning elementary school and Bonita Unified high School ,baseball fields, the University of La Verne, and the charming downtown area. There are many parking spaces besides 2 car garage , at least for 8 cars. There's also an extra long driveway perfect for RV parking. The newly upgraded fence and courtyard feature concrete pavers and artificial turf with less maintenance. A few blocks away from Hillcrest Retirement Community offering club house, indoor swimming pool and more at very low cost. It is your DREAM HOUSE WITH GREAT INCOME!!!
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Features
Assessments
  1. None
Association Fee
  1. 0.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Cooling
  1. Electric
  2. Wall/Window Unit(s)
Country
  1. US
Days On Market
  1. 115
Fireplace Features
  1. None
Garage Spaces
  1. 2.00
Heating
  1. Electric
Laundry Features
  1. Common Area
Levels
  1. One
Living Area Source
  1. Assessor
Lockboxtype
  1. None
Lot Features
  1. 0-1 Unit/Acre
Parcel Number
  1. 8381013028
Pool Features
  1. None
Postalcodeplus4
  1. 4334
Property Type
  1. Single Family Residence
School District
  1. Bonita Unified
Sewer
  1. Public Sewer
View
  1. Courtyard
Water Source
  1. Public
Year Built
  1. 1948
Year Built Source
  1. Estimated
Zoning
  1. LVPR45D*