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Sold for $1,000,000 on 10/18/23
  • Listing Provided by: 

    Kay Eckert DRE #01186139 626-331-0141,

    LYONS & ASSOCIATES

    Bought with: RE/MAX MASTERS REALTY
    $1,000,000

    2267 3rd St, La Verne, CA 91750

    8beds
    5baths
    3,133sqft
    Quadruplex
    Built in 1924
    -- sqft lot
    $1,199,000 Zestimate®
    $319/sqft
    $2,604 Estimated rent

    Home value

    $1,199,000

    $1.08M - $1.32M

    $2,604/mo

    Zestimate® history
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    $6,075/mo

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    What's special

    Welcome to this charming income property in the heart of La Verne, just a short walk away from the prestigious University of La Verne, delightful restaurants, and eclectic shops. This Vintage home has timeless appeal and offers an incredible investment opportunity with two units in the front house and three additional units (built approx. 1972) nestled at the rear of the property. The main house boasts classic architectural details. Stepping inside, you'll find upgraded dual-pane windows that flood the interior with natural light while keeping energy efficiency in mind. Two of the units are equipped with modern HVAC systems, ensuring optimal comfort year-round, while the remaining three units feature convenient window air conditioning units. A unique aspect of this property is the well-thought-out design that provides separate outdoor spaces for each unit, allowing tenants to enjoy privacy and a connection to the outdoors. The property has been well maintained, reflecting the pride of ownership. The income property also offers ample parking options with a four-car garage and a one additional parking space, a highly desirable feature for both tenants and potential investors. Perhaps the most appealing aspect of this property is its unbeatable location. Situated within walking distance to the University of La Verne, it presents a prime opportunity for student housing, attracting a consistent flow of potential renters. The convenience of nearby restaurants, shops, and amenities further enhances the property's appeal, promising a vibrant and dynamic lifestyle for tenants. This income property in La Verne offers an excellent opportunity to capitalize on its charm, strategic location, and potential for strong rental returns. Don't miss out on the chance to own a piece of real estate that harmonizes timeless craftsmanship with modern investment potential.

    Zillow last checked: 8 hours ago

    Listing updated: October 18, 2023 at 01:57pm

    Listing Provided by:

    Kay Eckert DRE #01186139 626-331-0141,

    LYONS & ASSOCIATES

    Bought with:

    Nicholas Abbadessa, DRE #01398872

    RE/MAX MASTERS REALTY

    Source: CRMLS,MLS#: CV23160732MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    Heating
    • Forced Air, Wall Furnace
    Cooling
    • Central Air, Wall/Window Unit(s)
    Appliances
    • Included: Gas Range, Water Heater
    • Laundry: Inside
    Features
    • Ceiling Fan(s)
    • Flooring: Carpet, Laminate, Vinyl
    • Windows: Double Pane Windows
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,133
    • Total interior livable area: 3,133 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Assigned
    • Garage spaces: 4
    • Uncovered spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 2
    • Exterior features: Rain Gutters
    • Pool features: None
    • Spa features: None
    • Fencing: Block,Vinyl
    • Has view: Yes
    • View description: None
    Lot
    • Size: 8,716 sqft
    • Features: Front Yard, Sprinkler System
    Details
    • Additional structures: Stable(s)
    • Parcel number: 8377009021
    • Zoning: LVPR10A*
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Craftsman
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Roof: Composition
    Condition
    • Additions/Alterations,Updated/Remodeled
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Community
    • Community features: Curbs
    Location
    • Region: La Verne

    HOA & financial

    Other financial information
    • Total actual rent: 5020

    Other

    Other facts
    • Listing terms: Cash to New Loan,1031 Exchange,Submit
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/29/2025Listing removed$2,395$1/sqft
    Source: Zillow Rentals
    9/22/2025Price change$2,395-4.2%$1/sqft
    Source: Zillow Rentals
    8/30/2025Listed for rent$2,500+11.1%$1/sqft
    Source: Zillow Rentals
    7/1/2024Listing removed--
    Source: Zillow Rentals
    6/28/2024Price change$2,250-4.3%$1/sqft
    Source: Zillow Rentals

    Public tax history

    YearProperty taxesTax assessment
    2025$12,687 +3.7%$1,021,600 +2%
    2024$12,229 +123.8%$1,001,600 +152%
    2023$5,465 +1.8%$397,489 +2%

    Find assessor info on the county website

    Neighborhood: Lordsburg

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,199,000

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,199,000