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2524 Price Drive

La Verne, CA 91750

– beds
– baths
– sqft
6,768 sqft lot
1964 build
– on site

Great Opportunity in a Desirable Location – Price Reduced! This tri-plex in La Verne is a rare find in a highly sought-after area, close to the University and Downtown La Verne. Properties like this rarely come on the market for sale or rent, and now is your chance to secure a prime investment at a newly reduced price. Whether you're looking for immediate returns or long-term growth potential, this property offers both. Property Overview: Units: 3 total – 1 x 3-bed, 2-bath and 2 x 2-bed, 2-bath. Total Rentable Space: 3,756 sq.ft. Lot Size: 6,766 sq.ft. Garages: Each unit includes a 2-car garage. Features: Each unit comes with a washer/dryer and dishwasher. This property is a turn-key investment, but it's being sold as-is, offering an exciting opportunity for the buyer to make their own improvements or add value. Financial Highlights: 2025 Rent Roll: $73,596 annually. ProForma Rent: $86,340 annually (potential increase with market adjustments). 2024 Expenses: $9,950 (including gardener, water, trash, and insurance). Investment Opportunity: The 6,766 sq.ft. lot offers substantial upside potential with the ability to add ADUs (Accessory Dwelling Units), increasing rental income and overall cash flow. The location continues to see strong rental demand, positioning this property for both immediate returns and long-term appreciation. Important: Buyers and agents are reminded that current tenants must not be disturbed. All showings must be scheduled appropriately, and any inquiries should be directed to the listing agent. Buyers should be aware that the property is being sold as-is, so while it's a fantastic investment opportunity, there may be room for cosmetic updates or value enhancements. Buyers and their agents are to verify all details, including square footage and any build options for potential ADUs. Don’t miss this chance to own a high-performing asset in a thriving market at a reduced price!

Listed By CRMLS_CA / Mark Perone / BR REAL ESTATE, INC. / 626-926-0777

Last checked: Checking… • Last updated Mar 10, 2025 •

MLS# CV24248616 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1964
Year Built Source:

Public Records
New Construction:

No
Building Area Total:

3756.00
Building Area Units:

Square Feet
Total Number Of Units:

3
# of Buildings:

1
Stories Total:

2
Entry Level:

1
Common Walls:

1 Common Wall
# of Separate Gas Meters:

3
# of Separate Water Meters:

1
# of Separate Electric Meters:

3

Interior

Levels:

Two
Entry Location:

first
Laundry:

Inside
Laundry:

1

Location

Directions:

East on Foothill/North White Ave./North on Towne Center Drive
Latitude:

34.10838300
Longitude:

-117.75841300

The Property

Property Type:

Residential Income
Subtype:

Triplex
Zoning:

LVPR15A*
Lot Features:

2-5 Units/Acre
Lot Size Area:

6768.0000
Lot Size Acres:

0.1554
Lot Size SqFt:

6768.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

4016.02
Tax Tract:

27461
Tax Lot:

3

The Listing

Special Listing Conditions:

Standard
Parcel Number:

8370039003
Showings Begin:

2024-12-15

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Utilities:

Cable Connected, Phone Available, See Remarks, Underground Utilities, Water Available
Sewer:

Public Sewer
Electric:

220 Volts in Kitchen
Water Source:

Public

Appliances

Appliances:

Built-In Range, Dishwasher
Included:

Yes

The Community

Features:

Curbs, Sidewalks
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Assessments:

No
Assessments:

None

Parking

Parking:

Yes
Parking:

Direct Garage Access, Garage, Garage Faces Rear
Parking Spaces:

3.00
Garage Spaces:

3.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/10/25 Mar 10, 2025	Price Changed	CRMLS_CA	$1,450,000	-3.3%
3/6/25 Mar 6, 2025	Price Changed	CRMLS_CA	$1,500,000	-1.6%
1/22/25 Jan 22, 2025	Price Changed	CRMLS_CA	$1,525,000	-4.7%

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This multifamily located in Foothill Corridor, La Verne, CA 91750 is currently for sale for $1,450,000. 2524 Price Drive is a – square foot multifamily with – beds and – baths that has been on Estately for 105 days. 2524 Price Drive is in the Foothill Corridor neighborhood of La Verne and has a WalkScore® of 76, making it very walkable. This multifamily is in the attendance area of Ramona Middle School, Bonita High School, and Roynon Elementary School.

Listing Courtesy of: CRMLS_CA and BR REAL ESTATE, INC.. Based on information from California Regional Multiple Listing Service, Inc. as of 19:27 on Mar 30.

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.