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Sold for $600,000 on 08/03/23
  • Listing Provided by: 

    Lori Alvarez DRE #01794115 909-551-3144,

    REAL ESTATE RESOLVED

    Bought with: Quality Home Realty
    $600,000

    2118 5th St, La Verne, CA 91750

    4beds
    2baths
    1,624sqft
    Duplex
    Built in 1954
    -- sqft lot
    $882,100 Zestimate®
    $369/sqft
    $3,293 Estimated rent

    Home value

    $882,100

    $820,000 - $953,000

    $3,293/mo

    Zestimate® history
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    $3,686/mo

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    $3,686/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: August 03, 2023 at 02:38pm

    Listing Provided by:

    Lori Alvarez DRE #01794115 909-551-3144,

    REAL ESTATE RESOLVED

    Bought with:

    Annette Segura, DRE #01271442

    Quality Home Realty

    Source: CRMLS,MLS#: CV23118961MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,624
    • Total interior livable area: 1,624 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Assigned, Door-Multi, Driveway, Garage, Garage Faces Rear, One Space
    • Garage spaces: 2
    • Carport spaces: 2
    • Covered spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Entry location: ground
    • Pool features: None
    Lot
    • Size: 7,105 sqft
    • Features: Back Yard, Level
    Details
    • Parcel number: 8377003006
    • Zoning: LVPR15A*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Street Lights, Sidewalks
    Location
    • Region: La Verne

    Other

    Other facts
    • Listing terms: Conventional,1031 Exchange,FHA,VA Loan

    Price history

    DateEventPrice
    1/24/2025Listing removed$2,750$2/sqft
    Source: Zillow Rentals
    1/12/2025Listed for rent$2,750+103.7%$2/sqft
    Source: Zillow Rentals
    8/3/2023Sold$600,000-14.3%$369/sqft
    Source: CRMLS #CV23118961
    7/24/2023Pending sale$700,000$431/sqft
    Source: CRMLS #CV23118961
    7/11/2023Contingent$700,000$431/sqft
    Source: CRMLS #CV23118961

    Public tax history

    YearProperty taxesTax assessment
    2025$7,577 +4.1%$612,000 +2%
    2024$7,276 +344.2%$600,000 +528.8%
    2023$1,638 +1.9%$95,422 +2%

    Find assessor info on the county website

    Neighborhood: Lordsburg

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $882,100

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

    Estimated market value

    $882,100