2530 Magnolia Avenue
La Verne, CA, 91750
$1,788,888
8 Beds
8 Baths
3,607 SqFt
0.29 Acres
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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&#39'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&#39't miss the chance to own this one-of-a-kind La Verne property. Whether you&#39're looking for a family home or an investment opportunity, this home is a must-see!

Property Details

Price:
$1,788,888
MLS #:
AR24171516
Status:
Active
Beds:
8
Baths:
8
Address:
2530 Magnolia Avenue
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
684laverne
City:
La Verne
Listed Date:
Aug 19, 2024
State:
CA
Finished Sq Ft:
3,607
ZIP:
91750
Lot Size:
12,468 sqft / 0.29 acres (approx)
Year Built:
1948
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Schools

Interior

Cooling
Wall/ Window Unit(s)
Fireplace Features
Family Room, Gas
Flooring
Vinyl
Heating
Central
Interior Features
Open Floorplan
Window Features
Blinds, Double Pane Windows, Shutters

Exterior

Community Features
Street Lights
Fencing
Excellent Condition
Garage Spaces
2.00
Lot Features
0-1 Unit/ Acre, Sprinkler System
Parking Features
Driveway, Garage, Gated, Oversized, R V Access/ Parking, R V Gated, R V Potential
Parking Spots
2.00
Pool Features
None
Roof
Shingle
Sewer
Public Sewer
Stories Total
1
View
Neighborhood
Water Source
Public

Financial

Association Fee
0.00

Map

Community

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2530 Magnolia Avenue
La Verne, CA