2122 E St - Office/Residential FOR SALE


La Verne, CA 91750
$1,397,888 USD
909-731-5374
2122 E St, La Verne, CA for Sale
$1,397,888 USD
Office/Residential - FOR SALE
1/13
null | Request Cap Rate

2122 E St
La Verne, CA 91750


HIGHLIGHTS

  • Lot fronts on heavy traffic "E" Street in downtown La Verne
  • Close proximity to both La Verne's new rail station and the University of La Verne
  • Metered short term parking lot next door
  • Flexible zoning for 3-story development
  • Side alley provides visibility and access to full 130' depth of lot
  • Will consider outright sale, Open to a ground lease as well.

OVERVIEW

Discover a unique high density, mixed use commerical investment opportunity with a charming 1926 vintage home situated on a prime 5, 188 sq ft parcel in the heart of downtown La Verne, located near the vibrant University of La Verne campus, metered parking and the foothill Gold line train station! This property's rare mixed-use commercial zoning! opens the door to a variety of endless business possibilities. Key features: Prime Location: Nestled on the bustling E Street, adjacent to the Gold line train station platform, this property benefits from high traffic and excellent visibility, making it an ideal spot for a businesses looking to thrive in a dynamic environment with built in traffic! Zoning Flexibility: The property is zoned for high density mixed-use commercial live work units, allowing for multi 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 coupled with one of the most sought after neighborhoods in down town La Verne. 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!

FOR SALE DETAILS

PRICE

$1,397,888 USD

PRICE/SF

$1,136 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Freestanding, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

OTLVSP

APN/PARCEL ID

8377-021-012

ASK ABOUT THIS PROPERTY

Anthony GrynchalRE/MAX ChampionsMore Info
909-731-5374

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Anthony GrynchalRE/MAX ChampionsMore Info
909-731-5374

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.