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34062399

1975 5th Street, La Verne, CA 91750 For Sale

OI
CA 01755103
OMI & ASSOCIATES
Listed by OMI & ASSOCIATES
$1,249,000
22 days on market
Updated 1 day ago

1975 5th Street

Details
APN 8375013017
Property Type Multifamily
Sub Type Apartment Building
Net Rentable (SqFt) 1,824
Units 2
Cap Rate 6.73%
NOI $84,000
Tenancy Vacant
Pro-Forma Cap Rate 6.73%
Pro-Forma NOI $84,000
Year Built 1930
Year Renovated 2026
Buildings 2
Acreage 0.157
Zoning Assessor
Parking Spaces 3 per unit
Sale Condition 1031 exchange

Multifamily | 6.73% CAP | 2 Units

Marketing description

Welcome to 1977-1975 5th St, in the beautiful city of La Verne, just one block away from the University of La Verne***Featuring 2 recently remodeled houses on a huge lot, this Duplex will surely impress***Live in one and rent out the other OR rent them both out for high rental income potential***Conveniently situated in the heart of La Verne walking distance to restaurants, shops, entertainment, transportation, and many other amenities***The front house features 2 generously sized bedrooms, 1 bath, new interior paint and flooring with approximately 912 SQF of "open concept" living space***The enormous living room is perfect for entertaining family and friends***The open and expansive kitchen is perfect for any chef***The large front yard and private back yard are ideal***The back unit offers 3 bedrooms, 2 bathrooms, and approximately 912 SQF of living space***Completely remodeled house with an open concept floor plan***New roof, windows, paint, flooring, kitchen cabinets and quartz counters***newly remodeled bathrooms***Definitely a must see to appreciate***

Investment highlights

Welcome to 1975-1977 5th St, in the beautiful city of La Verne, just one block away from the University of La Verne***Featuring 2 recently remodeled houses on a huge lot, this Duplex will surely impress***Live in one and rent out the other OR rent them both out for high rental income potential***Conveniently situated in the heart of La Verne walking distance to restaurants, shops, entertainment, transportation, and many other amenities***The front house features 2 generously sized bedrooms, 1 bath, new interior paint and flooring with approximately 912 SQF of "open concept" living space***The enormous living room is perfect for entertaining family and friends***The open and expansive kitchen is perfect for any chef***The large front yard and private back yard are ideal***The back unit offers 3 bedrooms, 2 bathrooms, and approximately 912 SQF of living space***Completely remodeled house with an open concept floor plan***New roof, windows, paint, flooring, kitchen cabinets and quartz counters***newly remodeled bathrooms***Definitely a must see to appreciate***

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Listing Contacts

OI
CA 01755103
OMI & ASSOCIATES
Listed by OMI & ASSOCIATES

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$84,000.00
$7,000.00/mo

Valuation Metrics

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DSCR
6.73%
Cap Rate
6.73%
ROI

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Additional Information

Name
Oscar Interiano
License
01755103
Brokerage
OMI & Associates
Brokerage Phone
6263911535
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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