Claremont, CA 91711,506 N Towne Avenue
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Claremont, CA 91711,506 N Towne Avenue
Claremont, CA 91711,506 N Towne Avenue
Claremont, CA 91711,506 N Towne Avenue
Claremont, CA 91711,506 N Towne Avenue
Listed by Mark MacFarlane • Vimvi California
Bought with REALTOR.COM UNKNOWN • Vendors

$1,500,000

Est. payment /mo

$1,700,000

11.8%
Est.Price: ?

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506 N Towne Avenue Claremont, CA 91711

6,288 SqFt

SOLD DATE : 12/23/2024

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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Bay East AOR and Contra Costa AOR
agent

Luis Vasquez

Agent | License ID: 02083319

+1(650) 200-8722

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