Bought with REALTOR.COM UNKNOWN • Vendors
$1,500,000
$1,700,000
11.8%For more information regarding the value of a property, please contact us for a free consultation.
506 N Towne Avenue Claremont, CA 91711
6,288 SqFt
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type OTHER
Listing Status Sold
Purchase Type For Sale
Square Footage 6,288 sqft
Price per Sqft $238
MLS Listing ID CRP1-20176
Sold Date 12/23/24
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1964
Lot Size 0.273 Acres
Property Description
This six-unit apartment building in Claremont is a standout investment opportunity, boasting a recently painted exterior that enhances its curb appeal. 4 units are renovated and vacant, ready for new tenant. One unit tenant occupied. One unit owner-occupied. Inside, four of the units have been thoughtfully renovated, featuring new flooring, fresh interior paint, and updated lighting to provide a modern and inviting living space. The property consists of a versatile unit mix, including one spacious 3-bedroom, 2-bathroom unit and five well-appointed 2-bedroom, 2-bathroom units, catering to a range of tenants. Additionally, the building is separately metered for gas and electric, offering convenience for tenants and efficiency for management. This property is a rare find, combining updates, functionality, and strong potential for income.
Location
State CA
County Los Angeles
Interior
Heating Central
Cooling Central Air
Flooring Laminate, Vinyl
Fireplace No
Laundry Community Facility, Laundry Room, Other
Exterior
View Mountain(s), Other
Building
Lot Description Level, Other, Front Yard, Landscape Misc
Water Public
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