tomo logo

$1,788,888

Beds
8
Baths
8.0
sq ft
3,607

2530 Magnolia Ave, La Verne, CA 91750

2530 Magnolia Ave

La Verne, CA 91750

  • 78 days on market
    • Price drop $100,000↓
Exceptional Investment Opportunity in La Verne! Discover this beautifully remodeled property, offering an ideal blend of comfort and functionality. With 8 bedrooms and 8.5 bathrooms, the property is thoughtfully divided into three separate units, making it a versatile investment. Set on an expansive 12,000 sq ft lot, it boasts a range of modern upgrades, including a new roof, plumbing system, and electrical panel—all updated in 2022. Upon entering, you’ll be welcomed by a spacious, open living area that exudes tranquility. The kitchen features a generous countertop and dining area, perfect for both everyday living and entertaining. Each bedroom is equipped with its own private bathroom and ample closet space, ensuring privacy and convenience for all residents. Step outside to the porch and take in the expansive backyard, a blank canvas ready for you to create your ideal outdoor retreat. Enjoy the gorgeous California weather in this inviting space. The property also includes a 2-car garage and two large driveways, providing parking for at least 8 cars. An extra-long driveway accommodates RV parking, adding to the property's versatility. Situated on a corner lot, it benefits from increased visibility and accessibility. Located near an award-winning elementary school, a park, baseball fields, the University of La Verne, and charming downtown La Verne, this home combines a prime location with impressive features. Don’t miss your chance to own this stunning property in La Verne!

Details

Property type

Single Family Residence

Est. home value

$1,476,198

Lot size

0.2862 acres

Price per sq ft

$496

Year built

1948

Price History

10/09/2024
CRMLS

CRMLS #AR24171516

Price change
$1,788,888
-5.29%
08/28/2024
CRMLS

CRMLS #AR24171516

Listed
$1,888,888

Schools & Community

Neighborhood: 

Lordsburg

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

High school district: 

Bonita Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Athas Capital Group Inc

Loan start date

September 2022

Original loan amount

$675,000

Est. remaining balance

$654,484

Interest rate

5.22%

Loan type

New Conventional, 30 year

Seller

Chun Cai

Lender

Acg Funding Inc

Loan start date

January 2020

Original loan amount

$255,000

Est. remaining balance

$231,005

Interest rate

3.73%

Loan type

New Conventional, 30 year

Seller

Chun Cai

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/14/2024 at 2:30 PM

Listing updated: 10/20/2024 at 5:00 PM

Listed by: Angela Situ, Pinnacle Real Estate Group Phone #: (626) 888-9808

MLS: CRMLS #AR24171516

CRMLS logo

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