$1,788,888
For Sale

2530 Magnolia Avenue

La Verne, CA 91750
3607 sqft | 8 beds | 8 baths | 0.29 acres | #AR24171516
Listing OfficePinnacle Real Estate Group
Browse 73 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Incredible Investment Opportunity in La Verne! This beautifully remodeled property offers 8 bedrooms, 8.5 bathrooms, and is divided into three separate units, providing flexibility for multi-family living or rental income. Sitting on over 12,000 sqft of land, the home boasts modern upgrades throughout and is perfect for investors or large families. The property was fully updated in 2022 with a new roof, plumbing system, and electrical panel. Equipped with ready-to-go solar panels and a water softener system for enhanced water quality. As you step inside, you’re greeted by a welcoming open living space. The kitchen is large with ample counter space and a dining area for gatherings. Each of the 8 bedrooms comes with its own AC unit and private bathroom, ensuring comfort and privacy for all. Enjoy California’s year-round pleasant weather on the porch overlooking a vast backyard, with plenty of space to make it your own. The property includes a 2-car garage, 2 large driveways, and enough space for at least 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, reducing long-term maintenance costs. Located on a desirable corner lot, providing additional privacy and convenience. Few blocks away from Hillcrest Retirement Community offering club house, indoor swimming pool and more at low cost. This home is just a short distance from an award-winning elementary school, parks, baseball fields, the University of La Verne, and the charming downtown area. Don't miss the chance to own this one-of-a-kind La Verne property. Whether you're looking for a family home or an investment opportunity, this home is a must-see!

  • Property Details
      • InteriorSeparateFormalDiningRoom, OpenFloorplan, AllBedroomsDown, BedroomOnMainLevel, MainLevelPrimary, WalkInClosets
      • Lot DescriptionZeroToOneUnitAcre, SprinklerSystem
      • Property SubtypeSingleFamilyResidence
      • School DistrictBonita Unified
      • ViewNeighborhood
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$1,888,888
      • MLS #AR24171516
      • MLS #AR24171516
      • Property TypePurchase
      • Cost1788888
      • Acres0.2862
      • Utility SourcePublic
      • Structure TypeHouse
      • Square Feet3607
      • Year Built1948
      • Bedrooms8
      • Bathrooms8
      • Full Baths8
      • Stories1
      • Parking Spaces2

Location

Nicole StoberReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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