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Listed by Anthony Grynchal • eXp Realty of Greater Los Angeles
$8,888,888
Est. payment /mo
20 Beds
5 Baths
5,480 SqFt
New
2148 E ST La Verne, CA 91750
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Key Details
Property Type Single Family Home
Sub Type Other Residential
Listing Status Active
Purchase Type For Sale
Square Footage 5,480 sqft
Price per Sqft $1,622
MLS Listing ID CRCV25072992
Bedrooms 20
Full Baths 5
Originating Board California Regional MLS
Year Built 1921
Lot Size 6,474 Sqft
Property Sub-Type Other Residential
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 Locat
Location
State CA
County Los Angeles
Area 684 - La Verne
Zoning LVPR15A*
Interior
Cooling Central AC
Fireplaces Type None
Laundry Laundry Area
Exterior
Pool None
View Local/Neighborhood
Building
Water District - Public
Others
Tax ID 8377021008
Special Listing Condition Not Applicable
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