$1,400,000
OPEN SAT 11AM - 2PM

Estimated payment $8,768/month

Total Views 1,806
9 Beds
9 Baths
3,262 Sq Ft
$429 Price per Sq Ft

Highlights

  • Popular Property
  • Craftsman Architecture
  • Property is near a park
  • J. Marion Roynon Elementary School Rated A-
  • Multi-Level Bedroom
  • 5-minute walk to Lincoln Mini Park

About This Home

Exceptional investment opportunity in the heart of La Verne! This spacious 5-bedroom, 3-bathroom home offers strong rental income with 9 tenants currently in place and plenty of upside potential. Charming 1935 Hoover home with great curb appeal
and additional permitted ADU for bonus rental income.
zoned for triplex, with potential to expand or redevelop.
Garage conversion possibilities for another unit.
Ample parking & outdoor space for tenants.
Close to Downtown La Verne, shops, dining, schools. This property combines historic charm with modern income potential, making it a rare find for both investors and owner-users.

Listing Agent

RANA ALHILO

Anomaly Real Estate Brokerage Phone: 9092103165 License #02084611 Listed on: 08/16/2025

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,678

Year Built

  • Built in 1935

Lot Details

  • 9,092 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Back and Front Yard

Parking

  • 4 Open Parking Spaces
  • 1 Car Garage
  • 3 Detached Carport Spaces
  • Parking Available
  • Driveway
  • Off-Street Parking

Home Design

  • Triplex
  • Craftsman Architecture
  • Patio Home
  • Unfinished Walls
  • No Roof

Interior Spaces

  • 3,262 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • French Doors
  • Family Room
  • Living Room
  • Bonus Room
  • Walk-In Pantry
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Multi-Level Bedroom
  • Walk-In Closet
  • 9 Bathrooms

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6-8
  • Assessor Parcel Number 8377008028
  • $1 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 9 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Cable TV Expense $1,200
  • Electric Expense $4,500
  • Fuel Expense $1,400
  • Gardener Expense $1,200
  • Insurance Expense $2,500
  • Other Expense $1,200
  • Professional Management Expense $1,000
  • Trash Expense $1,050
  • Water Sewer Expense $1,050
  • Operating Expense $13,900
  • Gross Income $133,380
  • Net Operating Income $123,380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,678

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Price Per Unit: 155556
  • Professional Management Expense: 1000.00
  • Property Attached: No
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1050.00
  • Architectural Style: Craftsman
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 8377008028
  • Year Built: 1935
  • Special Features: OpenHouse

Interior Features

  • Interior Amenities: Balcony, Pantry, Recessed Lighting, Unfinished Walls
  • Stories: 2
  • Entry Location: Living room
  • Common Walls: No Common Walls
  • Accessibility Features: Parking
  • Door Features: French Doors
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 429.18
  • Room Type: Basement, Bonus Room, Family Room, Kitchen, Laundry, Living Room, Multi-Level Bedroom, Walk-In Closet, Walk-In Pantry

Exterior Features

  • Pool Private: No
  • Roof: None
  • Spa: No

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Detached Carport, Driveway, Off Street
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1050.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Near Public Transit, Park Nearby, Patio Home, Yard
  • Lot Size Sq Ft: 9092.00
  • Lot Size Acres: 0.2087

Rental Info

  • Tenant Pays: None

Multi Family

  • Average1 Bed Area: 150 Square Feet
  • Average2 Bed Area: 150 Square Feet
  • Average3 Bed Area: 150 Square Feet
  • Average Studio Area: 740 Square Feet
  • Cable TV Expense: 1200.00
  • Electric Expense: 4500.00
  • Fuel Expense: 1400.00
  • Gross Income: 133380.00
  • Gross Scheduled Income: 133380.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 9092.0000 Square Feet
  • Net Operating Income: 123380.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 9
  • Number Wall A C: 2
  • Number With Patio: 1
  • Operating Expense: 9320.00
  • Other Expense: 1200.00
  • Other Expense Description: cleaning
  • Rent Control: No
  • Total Expenses: 13900.00

Tax Info

  • Tax Lot: 6-8
  • TaxOtherAnnualAssessmentAmount: 1.19

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,678 $1,165,467 $803,866 $361,601
2024 $13,678 $1,142,615 $788,104 $354,511
2023 $13,375 $1,120,211 $772,651 $347,560
2022 $13,160 $1,098,247 $757,501 $340,746
2021 $12,913 $1,076,714 $742,649 $334,065
2020 $12,730 $1,065,675 $735,035 $330,640
2019 $12,660 $1,044,780 $720,623 $324,157
2018 $9,732 $816,000 $445,800 $370,200
2016 $9,317 $780,000 $426,100 $353,900
2015 $7,872 $652,000 $356,200 $295,800
2014 $7,528 $615,000 $336,000 $279,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2025 08/16/25 For Sale $1,400,000 -- $429 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $870,000 First American Title
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- First American Title
Grant Deed -- --
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $799,000 Fidelity National Title Co
Grant Deed $799,000 Fidelity National Title Co
Grant Deed $281,000 American Title
Grant Deed $320,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $650,000 Purchase Money Mortgage
Closed $132,900 Stand Alone Second
Previous Owner $159,800 Stand Alone Second
Previous Owner $639,200 Fannie Mae Freddie Mac
Previous Owner $34,000 Credit Line Revolving
Previous Owner $316,000 Stand Alone First
Previous Owner $274,101 No Value Available
Previous Owner $285,000 Seller Take Back
Source: Public Records

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California Regional Multiple Listing Service (CRMLS)

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