$1,150,000
Original list price: $1,198,000
2524 Pr••••• Dr (Sign up for 50 free credits to unlock)La Verne, CA 91750
Property Description
2524 Price Dr presents a rare opportunity to acquire a fully occupied triplex in La Verne, one of the San Gabriel Valley's desirable foothill communities. The property features a strong unit mix consisting of one 3-bedroom/2-bath unit and two 2-bedroom/2-bath units, with approximately 3,756 square feet of building area situated on a 6,768-square-foot lot. Each unit includes its own in-unit washer/dryer and dedicated two-car garage, offering a strong tenant amenity rarely found in similar multifamily assets. The property is currently 100% occupied, with all tenancies month-to-month. Additional features include two downstairs units, one upstairs unit, a shared courtyard/common area, updated water heaters and wall heaters, in-wall A/C units, ceiling fans, and prior unit updates, including kitchen countertops, sinks, appliances, and select bathroom improvements. A partial upper-story roof replacement was completed approximately two years ago. Well-positioned near key La Verne amenities, the property is approximately one mile from the University of La Verne and within close proximity to Bonita High School, La Verne Sports Park, Trader Joe's, Target, nearby restaurants, and convenient access to the 210, 57, and 10 freeways. With current income in place, potential rent upside, and a desirable unit mix with dedicated garage parking, 2524 Price Dr offers investors a compelling multifamily opportunity in a strong San Gabriel Valley rental market
Property Facts & Features
- Property Type
- Multi Family
- Status
- Closed Sale
- Listed
- Aug 5, 2026
- Sold
- Oct 25, 2026
- List Price
- $1,198,000
- Price per Sq Ft
- $306/sqft
- ZIP Code
- 91750
- Garage
- 6 spaces
- Parking
- 6
- Heating
- Wall Furnace
- Cooling
- Wall/Window Unit(S)
- Property Tax (2025)
- $16,589/yr
- Assessed Value
- $1,403,912
- Neighborhood
- Lordsburg
- County
- Los Angeles
- School District
- Bonita Unified School District
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Land Info
- Additional Parcels: No
- Land Lease: No
- Lot Description: 2-5 Units/Acre, Front Yard
- Lot Size Acres: 0.1554
- Lot Size Source: Assessor
- Lot Size Square Feet: 6768
Utilities
- Sewer: Sewer Paid
- Sewer Connected
- Electricity Connected
- Natural Gas Not Available
- Water Connected
- Water Source: Public
Appliances
- Laundry Features: In Kitchen
Rental Info
- Gross Income: 80400
- Gross Scheduled Income: 80400
- Number of Units Leased: 3
- Tenant Pays: Electricity
- Rent Control: No
Commercial Info
- Net Operating Income: 57170
- Operating Expense: 23230
Multi-Unit Info
- Number of Buildings: 1
- Number of Units: 3
Garage and Parking
- Garage Spaces: 6
- Parking Total: 6
Heating and Cooling
- Cooling Features: Wall/Window Unit(s)
- Heating Features: Wall Furnace
- Heating: Yes
Other Property Info
- Source Listing Status: Closed
- County: Los Angeles
- Cap Rate: 4.77
- Insurance Expense: 2249
- Area: 684 - La Verne
- Source Neighborhood: 684 - La Verne
- New Taxes Expense: 13777
- Number of Separate Electric Meters: 3
- Number of Separate Water Meters: 1
- Parcel Number: 8370039003
- Trash Expense: 2400
- Property Subtype: Triplex
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
- Gardener Expense: 1800
Building and Construction
- Year Built: 1964
- Common Walls: No Common Walls
- Entry Level: 1
- Entry Location: first & second floor
- Property Age: 62
- Property Attached: No
- Building Total Stories: 2
- Elevation Units: Feet
- Year Built Source: Assessor
Amenities and Community Features
- Community Features: Curbs, Sidewalks, Suburban
Price & Event History
| Date | Event | Price | $/Sq Ft |
|---|---|---|---|
| Oct 25, 2026 | Sold | $1,150,000 | - |
| Aug 6, 2026 | Listing removed | - | - |
| Aug 5, 2026 | Listed | $1,198,000 | - |
| May 14, 2026 | Listed | $1,298,000 | - |
| Apr 17, 2025 | Listing removed | - | - |
| Mar 9, 2025 | Price Changed | $1,450,000 | $386 |
| Mar 5, 2025 | Price Changed | $1,500,000 | $399 |
| Jan 22, 2025 | Price Changed | $1,525,000 | $406 |
| Dec 14, 2024 | Listed | $1,600,000 | $426 |
| Jun 25, 2022 | Sold | $1,297,000 | $345 |
| Aug 30, 2001 | Sold | $265,000 | $71 |
| Mar 20, 1980 | Sold | $42,500 | $11 |
Property Tax History
| Year | Tax | Assessed | Land | Building |
|---|---|---|---|---|
| 2025 | $16,589 | $1,403,912 | $842,347 | $561,565 |
| 2024 | $15,976 | $1,376,385 | $825,831 | $550,554 |
| 2023 | $15,620 | $1,322,940 | $793,764 | $529,176 |
| 2022 | $5,014 | $368,886 | $125,277 | $243,609 |
| 2021 | $4,901 | $361,654 | $122,821 | $238,833 |
| 2020 | $4,836 | $357,947 | $121,562 | $236,385 |
| 2019 | $4,807 | $350,929 | $119,179 | $231,750 |
| 2018 | $4,527 | $344,049 | $116,843 | $227,206 |
| 2017 | $4,450 | $337,303 | $114,552 | $222,751 |
| 2016 | $4,330 | $330,690 | $112,306 | $218,384 |
| 2015 | $4,263 | $325,724 | $110,620 | $215,104 |
| 2014 | $4,236 | $319,345 | $108,454 | $210,891 |
Nearby Schools
- Bonita High School0.5 mi
Public · High · Grades 9-12
- J. Marion Roynon Elementary School0.6 mi
Public · Elementary · Grades K-5
- Ramona Middle School1.8 mi
Public · Middle · Grades 6-8
- Lighthouse Baptist Academy0.5 mi
Private · Elementary, Middle, High · Grades K-12
Location
Lat 34.10839 · Lng -117.75844