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$2,488,888
Est. payment /mo
6,473 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25156309
HOA Y/N No
Year Built 1921
Lot Size 6,473 Sqft
Property Sub-Type Multi Family
Property Description
Prime Investment Opportunity in Downtown La Verne
Discover an unparalleled investment prospect at 2148 E Street, La Verne, CA. This distinctive 20-unit building, formerly serving as the University of La Verne's sorority house, is situated on a rare 5,300 sq ft parcel in the heart of downtown La Verne. Its strategic location offers seamless access to the University of La Verne, the forthcoming Gold Line train station, and the LA County Fairgrounds.
Unique Versatile Zoning for Diverse Ventures
The property's rare Commercial-Professional Mixed Development (C-P-D) zoning allows for a multitude of business opportunities. Potential uses include:
Boutique Luxury Hotel: Capitalize on the proximity to local attractions and the university to cater to visitors seeking upscale accommodations.
Senior Retirement Facility: Develop a comfortable and convenient residence for seniors, benefiting from the area's amenities and community atmosphere.
Student Housing: Provide much-needed housing solutions for the growing student population of the nearby university.
Mixed-Use Development: Design a combination of residential units above and commercial spaces below, such as retail shops, offices, or restaurants, to create a vibrant live/work environment.
Key Features
Prime Location: Situated on bustling E Street, the property enjoys high visibility and foot traffic, ideal for businesses aiming to thrive in a dynamic setting.
Zoning Flexibility: The C-P-D Commerical, professional, mixed use zoning permits a variety of uses, including retail stores, professional offices, restaurants with outdoor seating, and more.
Development Potential: The site is approved for substantial development, offering a blank canvas for innovative projects.
Excellent Accessibility: Within walking distance to the upcoming Gold Line train station, enhancing connectivity for residents and visitors alike.
Vibrant Community: Downtown La Verne is renowned for its charming shops, diverse dining options, and regular community events, fostering a welcoming environment for businesses and residents.
Seize This Unique Opportunity and let your imagination run wild.
Whether you're looking to expand your investment portfolio or embark on a new entrepreneurial venture, 2148 E Street offers limitless potential in a thriving locale. Don't miss this once-in-a-lifetime chance to develop a property with such versatility and promise in the heart of La Verne.
Discover an unparalleled investment prospect at 2148 E Street, La Verne, CA. This distinctive 20-unit building, formerly serving as the University of La Verne's sorority house, is situated on a rare 5,300 sq ft parcel in the heart of downtown La Verne. Its strategic location offers seamless access to the University of La Verne, the forthcoming Gold Line train station, and the LA County Fairgrounds.
Unique Versatile Zoning for Diverse Ventures
The property's rare Commercial-Professional Mixed Development (C-P-D) zoning allows for a multitude of business opportunities. Potential uses include:
Boutique Luxury Hotel: Capitalize on the proximity to local attractions and the university to cater to visitors seeking upscale accommodations.
Senior Retirement Facility: Develop a comfortable and convenient residence for seniors, benefiting from the area's amenities and community atmosphere.
Student Housing: Provide much-needed housing solutions for the growing student population of the nearby university.
Mixed-Use Development: Design a combination of residential units above and commercial spaces below, such as retail shops, offices, or restaurants, to create a vibrant live/work environment.
Key Features
Prime Location: Situated on bustling E Street, the property enjoys high visibility and foot traffic, ideal for businesses aiming to thrive in a dynamic setting.
Zoning Flexibility: The C-P-D Commerical, professional, mixed use zoning permits a variety of uses, including retail stores, professional offices, restaurants with outdoor seating, and more.
Development Potential: The site is approved for substantial development, offering a blank canvas for innovative projects.
Excellent Accessibility: Within walking distance to the upcoming Gold Line train station, enhancing connectivity for residents and visitors alike.
Vibrant Community: Downtown La Verne is renowned for its charming shops, diverse dining options, and regular community events, fostering a welcoming environment for businesses and residents.
Seize This Unique Opportunity and let your imagination run wild.
Whether you're looking to expand your investment portfolio or embark on a new entrepreneurial venture, 2148 E Street offers limitless potential in a thriving locale. Don't miss this once-in-a-lifetime chance to develop a property with such versatility and promise in the heart of La Verne.
Location
State CA
County Los Angeles
Area 684 - La Verne
Interior
Cooling Central Air
Fireplace No
Laundry Common Area
Building
Lot Description Front Yard, Level
Story 2
Water Public
Others
Tax ID 8377021008
Acceptable Financing Contract
Listing Terms Contract
Special Listing Condition Standard
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Listed by Anthony Grynchal eXp Realty of Greater Los Angeles anthony.grynchal@gmail.com