2530 Magnolia Avenue

La Verne, CA 91750

PRICE REDUCED

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-$100,000 (-5.29%)

$1,788,888

List Price

8

bed Beds

8

shower Baths

3,607 sqft

straighten / sqft

1948

calendar_month Built

Property 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!

Listing Information

List Price $1,788,888
Status Active
MLS AR24171516
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 1948
Lot Size 12,468
Structure Size 3,607
DOM 91
Courtesy Of Pinnacle Real Estate Group
Listing Agent Angela Situ DRE#02046707

Interior Features

Laundry Information
Location(s) Washer Hookup, Gas Dryer Hookup, Laundry Room
Kitchen Information
Features Quartz Counters
Bedroom Information
Features Bedroom on Main Level, All Bedrooms Down
Total Bedroom
Bedrooms 8
Bathroom Information
Features Bathroom Exhaust Fan, Bathtub, Full Bath on Main Level, Quartz Counters, Walk-In Shower
Total Bathroom
Bathrooms 8
Flooring Information
Material Vinyl
Fireplace Information
Features Family Room, Gas
Additional Information
Additional Features Separate/Formal Dining Room, Open Floorplan, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Other Structures
Structures Guest House Detached,Guest House,Guest HouseAttached
View Yes

Maps

Listing information courtesy of: Angela Situ, Pinnacle Real Estate Group . *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 3:20 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.