1113 North Yale Avenue

Claremont, CA 91711

$2,295,000
Price
9
Beds
5
Baths
3,494 Sq. Ft.
$657 / Sq. Ft.
3,494
Sq. Ft.
$657
per Sq. Ft.

Description

Rare, City of Claremont, investment opportunity consisting of three separate, individual homes on one large 13,317 square foot lot. Located at 1113, 1115, 1117 N. Yale Avenue, the unit mix is comprised of (1) four bedroom/ two bath house, (1) three bedroom/ two bath house, and (1) two bedroom/ one bath house. Each home has its own individual access and private yard, along with additional space for relaxing and entertaining guests. All buildings are separately metered for water, gas, and electricity....Rare, City of Claremont, investment opportunity consisting of three separate, individual homes on one large 13,317 square foot lot. Located at 1113, 1115, 1117 N. Yale Avenue, the unit mix is comprised of (1) four bedroom/ two bath house, (1) three bedroom/ two bath house, and (1) two bedroom/ one bath house. Each home has its own individual access and private yard, along with additional space for relaxing and entertaining guests. All buildings are separately metered for water, gas, and electricity. There is ample parking on the lengthy driveway with an additional three-car garage and driveway parking in the rear. Located within walking distance (three blocks) from The Claremont Colleges, “a unique consortium of seven affiliated institutions that also includes Claremont Graduate University, Scripps College, Claremont McKenna College, Harvey Mudd College, Pitzer College, and Keck Graduate Institute of Applied Life Sciences.” Claremont is known for its many educational institutions, its tree-lined streets, and its historic buildings. The city is primarily residential, with a significant portion of its commercial activity revolving around “The Village”, a popular collection of street-front small stores, boutiques, art galleries, offices, and restaurants adjacent to and west of the Claremont Colleges.
  1. Listed by Greg Bassirpou • DRE #01365951 • Brokerage DRE #00530854 • Marcus & Millichap RE Invest • gbassirpou@marcusmillichap.com

Property Details for 1113 North Yale Avenue

Parking Spaces Total
8
Private Pool
No
Total Units
3.0
Building Type
Detached
Lot Size Source
Public Records
Living Area
3494
Assessor Parcel Number
8309-008-004
Property Attached YN
false
LISTING UPDATED: 11/13/2024 10:44 PM

Property Details for 1113 North Yale Avenue

StatusActive
MLS #OC24233096
Days on Market34
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2017
Lot Size0.31 AC / 13,317 SF
CountyLos Angeles County

Building Information for 1113 North Yale Avenue

Stories2Residences-Year Built2017Building Size-Lot Size0.31 AC / 13,317 SF

Property Information for 1113 North Yale Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $103,200
  • Gross Scheduled Income: $103,200
  • Net Operating Income: $67,660
  • Cap Rate: 2.95
Expense Details
  • Operating Expense: $35,540
  • Fuel Expense: $500
  • Electric Expense: $500
  • Insurance Expense: $2,500
  • Trash Expense: $500
  • Water Sewer Expense: $500
  • Total Expenses: $35,540
Tax / Assessment Info
  • Tax Block: 4
  • Tax Tract Number: 02730
  • Tax Census Tract: 4019.02
  • CFD/Mello-Roos Fee: $1,712
  • Tax Lot: 3
Community / Development
Community / Development
  • Community Features: Sidewalks, Storm Drains, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
Exterior Features
  • Entry Location: Ground
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard, Landscaped, Near Public Transit
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 2
  • Carport Spaces: 2
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,800
  • Unit Type Total Rent: $2,800
  • Unit Type Pro Forma: 3400
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,800
  • Unit Type Total Rent: $3,800
  • Unit Type Pro Forma: 4800
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 1113 North Yale Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1113 North Yale Avenue

Taxable ValueLand$152,685Additions$464,016Total$616,701
Tax Record2024$8,719 ($727 / month)
Home Facts
Total Finished SqFt3,494 SqFtAbove Grade Finished SqFt3,494 SqFtLot Size13,539 SqFtStyleTriplexYear Built1905ZoningCLHC*CountyLOS ANGELESAPN8309-008-004

Schools near 1113 North Yale Avenue

This home is within Claremont Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Sycamore Elementary School
PublicK to 6

El Roble Intermediate School
Public7 to 8

Claremont High School
Public9 to 12

Danbury Special Education School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1113 North Yale Avenue is a multi-family home for sale in Claremont, CA 91711. This property was listed for sale on November 13, 2024 by Marcus & Millichap RE Invest, it's currently listed at $2,295,000. This listing's school district is Claremont Unified School District. Nearby schools include Sycamore Elementary School, El Roble Intermediate School and Claremont High School. 1113 North Yale Avenue is a 9-bed, 5-bath, 3,494 sqft multi-family home built in 2017.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap RE Invest, Greg Bassirpou, DRE #01365951

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.