CA > La Verne
La Verne, CA 91750,2148 E ST
La Verne, CA 91750,2148 E ST
La Verne, CA 91750,2148 E ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$8,888,888
Est. payment /mo
20 Beds
5 Baths
5,480 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,480 sqft

Price per Sqft $1,622

MLS Listing ID CV25072992

Bedrooms 20

Full Baths 5

HOA Y/N No

Year Built 1921

Lot Size 6,473 Sqft

Property Sub-Type Mixed Use

Property Description

Prime Investment Opportunity in Downtown La Verne

Discover an unparalleled investment prospect at 2148 E Street, La Verne, CA. This distinctive 20-unit building, formerly serving as the University of La Verne's sorority house, is situated on a rare 5,300 sq ft parcel in the heart of downtown La Verne. Its strategic location offers seamless access to the University of La Verne, the forthcoming Gold Line train station, and the LA County Fairgrounds.

Unique Versatile Zoning for Diverse Ventures

The property's rare Commercial-Professional Mixed Development (C-P-D) zoning allows for a multitude of business opportunities. Potential uses include:

Boutique Luxury Hotel: Capitalize on the proximity to local attractions and the university to cater to visitors seeking upscale accommodations.

Senior Retirement Facility: Develop a comfortable and convenient residence for seniors, benefiting from the area's amenities and community atmosphere.

Student Housing: Provide much-needed housing solutions for the growing student population of the nearby university.

Mixed-Use Development: Design a combination of residential units above and commercial spaces below, such as retail shops, offices, or restaurants, to create a vibrant live/work environment.

Key Features

Prime Location: Situated on bustling E Street, the property enjoys high visibility and foot traffic, ideal for businesses aiming to thrive in a dynamic setting.

Zoning Flexibility: The C-P-D Commerical, professional, mixed use zoning permits a variety of uses, including retail stores, professional offices, restaurants with outdoor seating, and more.


Development Potential: The site is approved for substantial development, offering a blank canvas for innovative projects.

Excellent Accessibility: Within walking distance to the upcoming Gold Line train station, enhancing connectivity for residents and visitors alike.
Vibrant Community: Downtown La Verne is renowned for its charming shops, diverse dining options, and regular community events, fostering a welcoming environment for businesses and residents.

Seize This Unique Opportunity and let your imagination run wild.

Whether you're looking to expand your investment portfolio or embark on a new entrepreneurial venture, 2148 E Street offers limitless potential in a thriving locale. Don't miss this once-in-a-lifetime chance to develop a property with such versatility and promise in the heart of La Verne.

Location

State CA

County Los Angeles

Area 684 - La Verne

Zoning LVPR15A*

Rooms

Main Level Bedrooms 20

Interior

Interior Features All Bedrooms Up, All Bedrooms Down

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Sidewalks

View Y/N Yes

View Neighborhood

Private Pool No

Building

Lot Description Front Yard

Dwelling Type Mixed Use

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Bonita Unified

Others

Senior Community No

Tax ID 8377021008

Acceptable Financing Contract

Listing Terms Contract

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Anthony Grynchal • eXp Realty of Greater Los Angeles • anthony.grynchal@gmail.com

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