Listing provided courtesy of Fenping Wang of Vantage Capital Inc.. Last updated 2025-03-12 08:13:04.000000. Listing information © 2024 CRMLS.

Asking Price: $1,789,000

2530 Magnolia, La Verne CA 91750

Community: ​684 - La Verne


This Single Family Residence property was built in 1948 and is priced at $1,789,000. Please see the additional details below.
  • 3,607 Sq Ft
  • 8 bathrooms
  • 8 bedrooms
  • MLS#: CV25036100
  • Type: Single Family Residence
  • Year Built: 1948
Great Investment Opportunity in La Verne , the return CAP rate is over 5%, The newly built property offers 8 bedrooms, 8.5 bathrooms, and is divided into three separate units. One unit is 3 beds, 3 baths , monthly rent is $3200, One unit is 2 beds and 2 baths , monthly rent is $2500, One unit is 3 beds and 3.5 baths, market monthly rent is about $4300, total monthly rent is about $10,000.00, very low property Tax with NO HOA fee. It is great location with privacy Corner Lot, minutes walk to Park, close to an award-winning elementary school and Bonita Unified high School ,baseball fields, the University of La Verne, and the charming downtown area. There are many parking spaces besides 2 car garage , at least for 8 cars. There's also an extra-long driveway perfect for RV parking. The newly upgraded fence and courtyard feature concrete pavers and artificial turf with less maintenance. A few blocks away from Hillcrest Retirement Community offering club house, indoor swimming pool and more at very low cost. It is your DREAM HOUSE WITH GREAT INCOME!!!

Call or Email Cecilia Alvarez now to inquire about this property

626.646.5100