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$ 2,400,000
Est. payment | /mo
3 Beds
2 Baths
0.37 Acres Lot
$ 2,400,000
Est. payment | /mo
3 Beds
2 Baths
0.37 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26205082
Bedrooms 3
Lot Size 0.366 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to exclusively present a well-positioned multifamily investment opportunity at 3401-3411 Butterfield Avenue in La Verne, California, offering stable in-place income in the highly desirable San Gabriel Valley submarket Comprising two adjacent fourplexes on two separate parcels, the property benefits from convenient access to the 10, 57 and 210 Freeways and is minutes from University of La Verne. The two buildings sit on a combined 15,932 square-foot lot with a total building area of 6,300 square feet, averaging 788 square feet per unit across a mix of four 1-bedroom/1-bathroom and four 2-bedroom/1-bathroom units. Each residence features a fully equipped kitchen, wall air conditioning and heating, vertical blinds and security screen doors. Located at the end of a quiet residential street near newer homes, the buildings feature mature landscaping, one garage per property, three covered carport parking spots and ample off-street parking. Situated approximately 30 miles east of Downtown Los Angeles, La Verne offers residents a suburban lifestyle with strong regional connectivity. The 10, 57 and 210 Freeways are all within easy reach, placing residents minutes from Pomona, Claremont and Pasadena. The nearby Claremont Metrolink station on the San Bernardino Line provides direct service to Los Angeles Union Station, and the new Metro L Line (Gold Line) Foothill Extension offers residents additional light rail connectivity throughout the San Gabriel Valley and into Downtown Los Angeles. The San Gabriel Valley benefits from a diverse and resilient employment base ancho
Location
State CA
County Los Angeles
Zoning Assessor
Direction Merge onto I-10 W, Take exit 46 for Towne Ave, Turn right onto N Towne Ave, Turn left onto E La Verne Ave, Turn left onto W Arro
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 8375031018
Acceptable Financing Cash
Listing Terms Cash
Listed by Eric Chen, DRE#01489184 CB RICHARD ELLIS
NEARBY SCHOOL & BUSINESS
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