Address
2331 Pattiglen Avenue La Verne, CA
Price
$ 1,199,800
Property Attributes
  • MLS#CV21042179
  • TypeIncome
  • CountyLOS ANGELES
  • CityLa Verne
  • AreaLa Verne
  • Zip91750
  • StyleQuadruplex
  • Price$ 1,199,800
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size7,841 SqFt
Listing Provided Courtesy Of:
NICHOLAS ABBADESSA with RE/MAX MASTERS REALTY.
Data Source:
CRMLS
Property Description

GREAT OPPORTUNITY TO OWN A QUADPLEX INCOME PROPERTY IN LA VERNE. Tremendous upside as all units are currently rented under market rents! The units consist of one 2 bedroom/1 bathroom unit currently renting for $1,339 per month, (market rent approx. $1,800). Three 1 bedroom/1 bathroom units currently renting for $1,498, $1,250 and $1,129 (market rent approx. $1,575 each). All units have central heating and air, there are 4 covered carports plus a single garage usually rented for an extra fee. Estimated cap rate with market rents would be 5.3%. Also, the laundry makes approx. $110 per month and the single car garage rents for an additional $100 per month which together bring in an extra $2,520 per year.

Price History
3/2/2021 Listed $1,199,800

General Features

Carport Spaces 4
Carport Y/N Yes
Community Features Street Lights, Sidewalks
Construction Materials Drywall, Stucco
Cooling Central Air
Garage Spaces 1
Garage Y/N Yes
Heating Central
Levels Two
MLS Area 684 - La Verne
Parking Features Carport, Door-Single, Garage
Pool Features None
Property SubType Quadruplex
Property Type Residential Income
Roof Composition
Sewer Public Sewer
Spa Features None
Terms Cash to New Loan, 1031 Exchange, Submit
Total Actual Rent 62592
Total Units 4
Water Sewer Expense 1332
Zoning LVPR10A*

Interior Features

Air Conditioning Y/N Yes
Common Walls No Common Walls
Heating Y/N Yes
Laundry Features Common Area, See Remarks

Exterior Features

Foundation Details Slab
Lot Features Lawn, Landscaped, Sprinkler System
Lot Size Acres 0.18
Lot Size Area 7877
Lot Size Source Assessor
Lot Size Square Feet 7877
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 4
Number of Separate Gas Meters 1
Number of Separate Water Meters 1
Road Frontage Type City Street
Total Parking 5
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91750

Price
AVG $1.2M
$1.2M
Visits
AVG 34
33
Year Built
AVG 1965
1965
Walkscore
AVG 43
43
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.