2524 Price Drive

La Verne, CA 91750

$1,500,000
Price
7
Beds
6
Baths
3,756 Sq. Ft.
$399 / Sq. Ft.
3,756
Sq. Ft.
$399
per Sq. Ft.

Description

Location Location Location. This tri-plex is in a very desirable location in La Verne. Close to University and Downtown La Verne. These units are very desirable and rarely go on the market for sale and/or for rent. Featuring three oversized units—a 3-bed, 2-bath, and two 2-bed, 2-bath units—totaling 3,756 sq.ft. of rentable space, this property is a turn-key investment with strong ROI potential. Each unit has it's own 2 car garage space. Each unit offers a washer/dryer and dishwasher. The 6,766 sq.ft....Location Location Location. This tri-plex is in a very desirable location in La Verne. Close to University and Downtown La Verne. These units are very desirable and rarely go on the market for sale and/or for rent. Featuring three oversized units—a 3-bed, 2-bath, and two 2-bed, 2-bath units—totaling 3,756 sq.ft. of rentable space, this property is a turn-key investment with strong ROI potential. Each unit has it's own 2 car garage space. Each unit offers a washer/dryer and dishwasher. The 6,766 sq.ft. lot offers exceptional upside with the opportunity to add ADUs, creating additional income streams and maximizing cash flow. Located in a highly desirable area with strong rental demand, this property is positioned for long-term growth and immediate returns. Buyers and their agents to verify all details, including square footage and build options. Don’t miss this chance to secure a high-performing asset in a thriving market! 2025 Rent Roll=$73,596
ProForma Rent=$86,340
2024 Expenses (Gardener/Water/Trash/Insurance)=$9,950
  1. Listed by Mark Perone • DRE #02218386 • Brokerage DRE #02186112 • BR REAL ESTATE, INC. • 626-926-0777

Property Details for 2524 Price Drive

Parking Spaces Total
3
Private Pool
No
Cooling Type
Wall/Window
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3756
Assessor Parcel Number
8370-039-003
LISTING UPDATED: 03/06/2025 02:31 AM

Property Details for 2524 Price Drive

StatusActive
MLS #CV24248616
Days on Market81
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size0.16 AC / 6,768 SF
CountyLos Angeles County

Building Information for 2524 Price Drive

Stories2Residences-Year Built1964Building Size-Lot Size0.16 AC / 6,768 SF

Property Information for 2524 Price Drive

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $73,596
  • Net Operating Income: $63,653
Expense Details
  • Operating Expense: $9,943
  • Gardener Expense: $1,800
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,960
  • Trash Expense: $1,200
  • Water Sewer Expense: $4,983
  • Total Expenses: $9,943
Tax / Assessment Info
  • Tax Tract Number: 27461
  • Tax Census Tract: 4016.02
  • CFD/Mello-Roos Fee: $920
  • Tax Lot: 3
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Built-In Range, Dishwasher
  • Equipment: Dishwasher, Inside
  • Laundry: Yes
  • Laundry Features: Inside
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Entry Location: first
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Phone Available, See Remarks, Underground Utilities, Water Available
  • Electric: 220 Volts in Kitchen
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Direct Entrance, Garage
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Direct Garage Access, Garage, Garage Faces Rear
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,280
  • Unit Type Total Rent: $2,280
  • Unit Type Pro Forma: 2595
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,853
  • Unit Type Total Rent: $1,853
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 2524 Price Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2524 Price Drive

Taxable ValueLand$809,639Additions$539,759Total$1,349,398
Tax Record2024$15,976 ($1,331 / month)
Home Facts
Total Finished SqFt3,756 SqFtAbove Grade Finished SqFt3,756 SqFtLot Size6,766 SqFtStyleTriplexYear Built1964ZoningLVPR15A*CountyLOS ANGELESAPN8370-039-003

Schools near 2524 Price Drive

This home is within Bonita Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
J. Marion Roynon Elementary School
PublicK to 5

Ramona Middle School
Public6 to 8

Bonita High School
Public9 to 12

Chaparral High (Continuation) School
Public9 to 12

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.

Similar Homes

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2524 Price Drive is a multi-family home for sale in La Verne, CA 91750. This property was listed for sale on December 15, 2024 by BR REAL ESTATE, INC., it's currently listed at $1,500,000. It has been on the market for a total of 81 days and was last sold on June 26, 2022. This listing's school district is Bonita Unified School District. Nearby schools include J. Marion Roynon Elementary School, Ramona Middle School and Bonita High School. 2524 Price Drive is a 7-bed, 6-bath, 3,756 sqft multi-family home built in 1964.

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 BR REAL ESTATE, INC., Mark Perone, DRE #02218386

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.