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Discover a unique investment opportunity with two charming homes situated on a prime 5,300 sq ft parcel in the heart of downtown La Verne, located on the vibrant University of La Verne campus. This property is currently utilized as residential rentals, 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, or further residential units.Improvement Potential: The site is approved for development of up to 8,000 BUILDABLE sq ft, 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, 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. Don’t miss your chance to capitalize on this unique once in a life time development opportunity with unlimited potential!
Property Type(s):
Multi Family
| Last Updated | 2/11/2025 | Year Built | 1930 |
|---|---|---|---|
| Community | La Verne | Garage Spaces | 2.0 |
| County | Los Angeles |
SCHOOLS
| School District | Bonita Unified |
|---|
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | La Verne |
| GARAGE | Yes |
| HOA DUES | 0 |
| INTERIOR | All Bedrooms Down |
| LOT | 5207 sq ft |
| LOT DESCRIPTION | Back Yard |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
| ZONING | LVPR15A* |
Location
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Listed with eXp Realty of Greater Los Angeles
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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