8 8 3,607 0.286 1948
Beds Baths Sq Ft Acres Lot Yr Built

Property Details

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About this Property

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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Principal & Interest
$8,605
Estimated Taxes
$100
Monthly HOA Fee
$0
Insurance - Get Quotes
$83
Down Payment & Home Price 20%
Interest Rate, Loan Type & Credit 5.97%
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Tax Estimate, Insurance & HOA $183
MLS Listing Information

MLS #

CRCV25036100

MLS Source

California Regional MLS

Interior Features

Bedrooms

Ground Floor Bedroom

Fireplace

None

Laundry

Laundry Area

Cooling

Central Forced Air - Electric, Window/Wall Unit

Heating

Electric

Exterior Features

Pool

None

Parking, School, and Other Information

Garage/Parking

Garage: 2 Car(s)

Elementary District

Bonita Unified

High School District

Bonita Unified

HOA Fee

$0

Zoning

LVPR45D*

School Ratings

School data provided by GreatSchools.org
Nearby Schools
Schools Type Grades Distance Rating
J. Marion Roynon Elementary School public K-5 0.60 mi 9
Bonita High School public 9-12 0.82 mi 9
Allen Avenue Elementary School public K-5 1.18 mi 6
Fred Ekstrand Elementary School public K-5 1.43 mi 7
Oak Mesa Elementary School public K-5 1.63 mi 8
Bonita District Adult public UG 1.91 mi N/A
La Verne Heights Elementary School public K-5 1.91 mi 7
Grace Miller Elementary School public K-5 1.91 mi 9
Ramona Middle School public 6-8 1.91 mi 9
Chaparral High (Continuation) School public 9-12 1.96 mi 4
Vista (Alternative) School public K-12 1.97 mi N/A
Harrison Elementary School public K-8 1.97 mi 3
Sumner Elementary School public K-6 2.20 mi 5
San Jose Elementary School public K-8 2.24 mi 4
Rockey, Glenn Camp School public 7-12 2.25 mi N/A
Palomares Academy Of Health Science public 7-12 2.27 mi 4
Danbury Special Education School public K-8 2.28 mi N/A
Cortez Elementary School public K-8 2.39 mi 6
Ganesha High School public 9-12 2.49 mi 4
Pomona High School public 9-12 2.52 mi 4
Listing Agent

Fenping Wang

Vantage Capital Inc.

License #: 01746848

Phone: –

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Neighborhood: Around This Home

Neighborhood: Local Demographics

2530 Magnolia Ave is a Single Family Residence in La Verne, CA 91750. This 3,607 square foot property sits on a 0.286 Acres Lot and features 8 bedrooms & 8 full bathrooms. It is currently priced at $1,800,000 and was built in 1948. This address can also be written as 2530 Magnolia Ave, La Verne, CA 91750.

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This listing information is up-to-date as of March 13, 2025. For the most current information, please contact Fenping Wang