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2224 E Street, La Verne, CA 91750

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For Sale

$1,498,888

3 beds2 baths1,616 sqft

Estimated Payment

$ 7,698 /mo.

6.65% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $927.53
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Discover a unique investment opportunity with two charming vintage homes situated on a prime 5,300 sq ft parcel in the heart of downtown La Verne, located near the vibrant University of La Verne campus. This property is currently utilized as two separate income residential homes with separate addresses, gas and electric meters but its mixed-use commercial zoning opens the door to a variety of business possibilities! Key features: Prime Location: Nestled on the bustling E Street, this property benefits from high traffic and excellent visibility, making it an ideal spot for businesses looking to thrive in a dynamic environment. Zoning Flexibility: The property is zoned for mixed-use commercial, allowing for creative development solutions including retail, office space, restaurant or further development of residential units with live/work zoning. Improvement Potential: The site is approved for development of up to 8,000 BUILDABLE sq ft where you can have up to five three story tall live work units, giving developers ample room to maximize their investment. Convenient Access: Enjoy the convenience of being within walking distance to the Gold Line train station, University of La Verne and the LA County Fairgrounds and down town La Verne enhancing accessibility and foot traffic. Community Vibe: Experience the charm of downtown La Verne, known for its quaint shops, vibrant dining options, and community events, all contributing to a desirable business environment. Whether you're looking to expand your business portfolio or embark on a new venture, this property offers exceptional potential in a thriving area. This is the best chance to capitalize on this unique once in a life time development opportunity in La Verne with unlimited potential!
MLS# CV25018677

Courtesy Of eXp Realty of Greater Los Angeles, Inc

(888) 652-1314

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other

Map and Directions

Directions to 2224 E Street, La Verne, CA 91750
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $7,698
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $7,698

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

J. Marion Roynon Elementary School

Grades KG-5 Public School


La Verne, CA 91750 0.3 miles
2715 e st

671 total students
22:1 Student teacher ratio

Ramona Middle School

Grades 6-8 Public School


San Dimas, CA 91773 1.6 miles
3490 ramona ave

1334 total students
26:1 Student teacher ratio

Bonita High School

Grades 9-12 Public School


La Verne, CA 91750 0.6 miles
3102 d st

1864 total students
25:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
Academy Of Sports Science 0.5 miles Private 6-12
Los Angeles Fair Assoc. Child Development Center 0.7 miles Private PK-TKG
Grace Miller Elementary School 0.8 miles Public KG-5 A+
Joan Macy School 1 miles Private 2-12
Damien High School 1.2 miles Private 9-12
City Of Knowledge School 1.2 miles Private KG-12
Lutheran High School 1.2 miles Private 9-12
La Verne Science And Technology Charter 1.3 miles Public KG-6 C+
Calvary Baptist Schools 1.3 miles Private PK-12
Harrison Elementary School 1.4 miles Public KG-8 D+
Holy Name Of Mary Elementary School 1.5 miles Private PK-8
La Verne Heights Elementary School 1.6 miles Public KG-5 A
Palomares Academy Of Health Science 1.6 miles Public 7-12 C-
San Jose Elementary School 1.6 miles Public KG-8 C+
First Christian Church Child Development Center 1.7 miles Private PK-TKG
Haynes Education Center 1.8 miles Private KG-12
Leroy Haynes Educational Center 1.8 miles Private 1-12

Academy Of Sports Science

Distance: 0.5 miles

Type Private

Grades: 6-12

Los Angeles Fair Assoc. Child Development Center

Distance: 0.7 miles

Type Private

Grades: PK-TKG

Grace Miller Elementary School

Distance: 0.8 miles

Type Public

Grades: KG-5

A+

Joan Macy School

Distance: 1 miles

Type Private

Grades: 2-12

Damien High School

Distance: 1.2 miles

Type Private

Grades: 9-12

City Of Knowledge School

Distance: 1.2 miles

Type Private

Grades: KG-12

Lutheran High School

Distance: 1.2 miles

Type Private

Grades: 9-12

La Verne Science And Technology Charter

Distance: 1.3 miles

Type Public

Grades: KG-6

C+

Calvary Baptist Schools

Distance: 1.3 miles

Type Private

Grades: PK-12

Harrison Elementary School

Distance: 1.4 miles

Type Public

Grades: KG-8

D+

Holy Name Of Mary Elementary School

Distance: 1.5 miles

Type Private

Grades: PK-8

La Verne Heights Elementary School

Distance: 1.6 miles

Type Public

Grades: KG-5

A

Palomares Academy Of Health Science

Distance: 1.6 miles

Type Public

Grades: 7-12

C-

San Jose Elementary School

Distance: 1.6 miles

Type Public

Grades: KG-8

C+

First Christian Church Child Development Center

Distance: 1.7 miles

Type Private

Grades: PK-TKG

Haynes Education Center

Distance: 1.8 miles

Type Private

Grades: KG-12

Leroy Haynes Educational Center

Distance: 1.8 miles

Type Private

Grades: 1-12

Local area information for La Verne, CA 91750

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La Verne, CA 91750

This community’s employment is highest in the education and administrative support industries. The area’s overall household expenses are above the national average.

90° July
Hottest Average Month

40° January
Coldest Average Month
11,862 Total Households in Area
25.4%
of households
have children
27 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for La Verne, CA 91750

La Verne, CA 91750 has a population of 32,517 people in 11,862 households with a median age of 46 years old.

Down -3.5%
Decrease in population
since the year 2010

Population is Trending down
12,612
Total households as of 2010
Up
0.4%

Community Population By Age

Community Population By Ethnicity

White 53%
Hispanic 35%
Other 12%
Asian 12%
Black 3%
Native American 1%

Economics
for La Verne, CA 91750

1,462 /sq mi
Population Density
$99,799 /yr
Median Household Income
$995,000
Median Sales Price
27 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 79%
  • Work from Home 17%
  • Public Transit 2%
  • Walk or Bike 2%

Occupancy by Type

Owned 8,549 70%
Rented 3,313 27%
Vacant 412 3%

White vs Blue Collar Jobs







White Collar 85%
Blue Collar 15%

Family & Education Facts
for La Verne, CA 91750

46 Median Age

Average Household Size

2.7
persons per
household

55.2%

Married Households

Community Population By Education

Bachelors Degree 26%
Some College 23%
High School Graduate 18%
Graduate Degree 17%
Associates Degree 10%
Some High School 6%

Household Family Expenses vs National Average

25.4% of households have children

Weather
for La Verne, CA 91750

The weather for this area ranges from a high of 90° F in July to a low of 40° F in January

90° July
Hottest Average Month
40° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
40°
61°
Feb
41°
63°
Mar
42°
65°
Apr
45°
70°
May
49°
75°
Jun
53°
82°
Jul
59°
90°
Aug
60°
90°
Sep
58°
86°
Oct
52°
77°
Nov
45°
69°
Dec
41°
62°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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