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1975-1977 5th St. 1977 5th St 2 Unit Apartment Building $1,774,454 CAD ($887,227 CAD/Unit) 6.70% Cap Rate La Verne, CA 91750
Investment Highlights
- One block from University of La Verne
- Walking distance to restaurants, entertainment, and all other amenities
- Downtown La Verne
Executive Summary
Welcome to 1975-1977 5th St, in the beautiful city of La Verne, just one block away from the University of La Verne***Featuring 2 recently remodeled houses on a huge lot, this Duplex will surely impress***Live in one and rent out the other OR rent them both out for high rental income potential***Conveniently situated in the heart of La Verne walking distance to restaurants, shops, entertainment, transportation, and many other amenities***The front house features 2 generously sized bedrooms, 1 bath, new interior paint and flooring with approximately 912 SQF of "open concept" living space***The enormous living room is perfect for entertaining family and friends***The open and expansive kitchen is perfect for any chef***The large front yard and private back yard are ideal***The back unit offers 3 bedrooms, 2 bathrooms, and approximately 912 SQF of living space***Completely remodeled house with an open concept floor plan***New roof, windows, paint, flooring, kitchen cabinets and quartz counters***newly remodeled bathrooms***Definitely a must see to appreciate***
Property Facts
| Price | $1,774,454 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $887,227 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 6.70% | Building Size | 1,824 SF |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1930/2026 |
| Property Subtype | Apartment | Parking Ratio | 2/1,000 SF |
| Zoning | R-2 - Restricted Density Multiple Dwelling | ||
| Price | $1,774,454 CAD |
| Price Per Unit | $887,227 CAD |
| Sale Type | Investment |
| Cap Rate | 6.70% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.16 AC |
| Building Size | 1,824 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1930/2026 |
| Parking Ratio | 2/1,000 SF |
| Zoning | R-2 - Restricted Density Multiple Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | - | 912 |
| 2+1 | 1 | - | 912 |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 8375-013-017 | Improvements Assessment | $443,429 CAD |
| Land Assessment | $842,515 CAD | Total Assessment | $1,285,944 CAD |
Property Taxes
Parcel Number
8375-013-017
Land Assessment
$842,515 CAD
Improvements Assessment
$443,429 CAD
Total Assessment
$1,285,944 CAD
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Presented by
Omi & Associates
1975-1977 5th St. | 1977 5th St
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