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Executive Summary

Wonderful investment opportunity! Beautifully updated residential two-story duplex in tree lined La Verne neighborhood close to downtown La Verne and University of La Verne. Property features two units, units are one level with 2 bedroom and 1 full bathroom, with approximately 750 SF each of living space on a spacious 4,299 SF corner lot with a covered carport and newer driveway to accommodate four cars. Both units have been recently updated: The lower unit has white cabinets and granite counters, gas range and refrigerator, vinyl flooring and carpet, updated full bathroom, dual pane windows and blinds, mirrored closet doors, newer water heater, and electric furnace and wall mounted HVAC unit. The upper unit offers vinyl flooring and carpet, updated kitchen with wood cabinets and granite counters, gas range, refrigerator, stackable washer and dryer, updated full bathroom, dual pane windows and blinds, mirrored closet doors, newer water heater, and roof mounted central HVAC. Landlord currently pays water, trash, and gardener. Roof was replaced approximately 8-9 years ago. These units show beautifully!

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $980,000
Price Per Unit $490,000
Sale Type Investment
Cap Rate 3.49%
Sale Condition 1031 Exchange
No. Units 2
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Low-Rise
Building Class C
Lot Size 0.10 AC
Building Size 1,500 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1963/2019
Zoning LVPR10A*

Amenities

Unit Amenities

  • Dishwasher
  • Disposal
  • Heating
  • Carpet
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
8375-029-013
Land Assessment
$400,148
Improvements Assessment
$129,073
Total Assessment
$529,221
  • Listing ID: 40217150

  • Date on Market: 4/20/2026

  • Last Updated:

  • Address: 2307 5th St, La Verne, CA 91750

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