La Verne, CA 91750,2118 5th ST
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La Verne, CA 91750,2118 5th ST

$600,000

Est. payment /mo

$700,000

14.3%
Est.Price: ?

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2118 5th ST La Verne, CA 91750

7,104 Sqft Lot

SOLD DATE : 08/03/2023

Key Details

Sold Price $600,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV23118961

Sold Date 08/03/23

HOA Y/N No

Year Built 1954

Lot Size 7,104 Sqft

Property Description

Dreams come true for the investor in this detached duplex at 2118 and 2120 5th Street, La Verne. The city is located in the foothills of the San Gabriel Mountains. It presents an incredible investment opportunity, with an excellent option in the ever-growing real estate market. It has a small-town feel with BIG time access to the greater LA Area and the Metro Line Station (coming in 2025) and on the other side of Downtown. The duplex is a detached testament to modern architectural design & functionality. With its contemporary appeal and attention to detail, this property boasts a stunning curb appeal that immediately catches the eye of potential buyers and tenants alike with its low-scape landscaping. Each unit has been meticulously crafted to maximize space utilization & comfortable living conditions. The open floor plan seamlessly integrates the living, bathroom, laundry, and kitchen areas, creating a spacious and inviting atmosphere for residents. Both units feature kitchen appliances that are considered the current tenants. The ample storage space allows them to indulge in their culinary aspirations. The bedrooms provide a private sanctuary for the utmost comfort & relaxation. It also features inside laundry, two car garages, separated for each one to have a secluded spot, and two carports outside parking areas, a total of 4 parking spaces currently assigned. Also note that each has its gas, electric meter, and water heater. Situated in the desirable location of La Verne, this duplex benefits from its proximity to various amenities & attractions. Ease of access to shopping centers, restaurants, schools, and recreational facilities, making it an enticing choice for potential tenants & owner-operators. The demand for rental properties in the area is consistently high, and with the growing population, there is a stable pool of prospective tenants seeking comfortable and stylish accommodations. In addition to the property's attractive features, the impersonal nature of this duplex ensures privacy and individuality for each unit, further adding to its appeal, which enhances the overall marketability and rental potential. Overall, 2118 and 2120 5th Street represents a remarkable opportunity for astute investors looking to make substantial returns in the market. With its contemporary design, prime location, and strong rental potential, this detached duplex is a testament to wise investment decisions. So make us an offer we can't refuse.

Location

State CA

County Los Angeles

Area 684 - La Verne

Zoning LVPR15A*

Interior

Fireplace No

Laundry Inside

Exterior

Parking Features Assigned, Door-Multi, Driveway, Garage, Garage Faces Rear, One Space

Garage Spaces 2.0

Carport Spaces 2

Garage Description 2.0

Pool None

Community Features Street Lights, Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description Back Yard, Level

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 8377003006

Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Conventional, 1031 Exchange, FHA, VA Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Lori Alvarez • REAL ESTATE RESOLVED
Bought with Annette Segura • Quality Home Realty

Marine Hajibekian

Agent | License ID: 01953014

+1(323) 333-2844

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