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3510 Towne Center Drive, La Verne, California 91750, La Verne, 91750 - bed, bath

3510 Towne Center Drive, La Verne, California 91750 home-pic-0
ACTIVE$1,495,000
3510 Towne Center Drive, La Verne, California 91750
0Bed
0Bath
3,916Sqft
9,593Lot
Year Built
1964
Close
-
List price
$1.5M
Original List price
$1.46M
Price/Sqft
$382
HOA
-
Days on market
-
Sold On
-
MLS number
PW25002273
Home ConditionGood
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.50M(88th), sqft - 3916(88th), beds - undefined(38th), baths - undefined(38th).

Calling all investors or if you are Looking to invest!! What a perfect opportunity to start your investment portfolio located in a great area with a very high rental demand. You must come see this very well maintained Triplex in the beautiful city of La Verne, just minutes away from the University of La Verne. The units are single level, The Property features 3 bedrooms and 2 baths with fireplace, 2 bedrooms and 2 baths, 1 bedroom and 1 bath. All the units were completely remodeled in 2011, including all kitchens with granite counter tops, appliances included, built in dishwashers, microwaves, free standing electric stoves, and stackable washers/dryers, central heat and air, each with copper plumbing including the main line, steel front doors/locks, sprinkler system through out, each units with their own 2 car garage and opener. Close to downtown La Verne, shopping, transportation, schools, freeways and parks,​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​‌‌​​‌‌​​​​ etc.

Condition Rating
Good
Despite being built in 1964, this triplex underwent an extensive remodel in 2011 (13 years ago), which aligns with the 'Good' condition criteria for properties renovated within 5 to 15 years. The images confirm that all units feature updated kitchens with granite countertops, light wood shaker-style cabinets, and stainless steel appliances, which are clean and functional. Bathrooms are also updated with standard vanities and tiled shower/tub combos, showing minimal wear. Major systems like central heat and air, and copper plumbing were also updated in 2011. The property appears very well-maintained, move-in ready, and does not require immediate renovations, though the finishes reflect the early 2010s style rather than current trends.
Pros & Cons

Pros

Strong Investment Potential: Explicitly marketed as an ideal investment opportunity in a high rental demand area, particularly benefiting from its proximity to the University of La Verne.
Extensive Unit Remodels: All units were completely remodeled in 2011, featuring updated kitchens with granite countertops, included appliances, central heat and air, and copper plumbing, providing modern living spaces.
Individual Unit Amenities: Each unit is equipped with its own central heat and air, stackable washer/dryer, and a private 2-car garage with opener, significantly enhancing tenant convenience and appeal.
Diverse Unit Mix: The property offers a versatile unit configuration (3-bed/2-bath, 2-bed/2-bath, 1-bed/1-bath), catering to a wide range of potential tenants and maximizing rental income potential.
Prime Location: Situated in a desirable La Verne location, close to downtown, shopping, transportation, schools, freeways, and parks, ensuring strong tenant interest and accessibility.

Cons

Age of Remodel: While remodeled, the updates were completed in 2011, meaning the finishes and some systems are now 13 years old and may not align with the latest market trends or require future updates sooner than a brand-new renovation.
Original Construction Year: Built in 1964, the underlying structure is older, which could imply potential for age-related issues (e.g., roof, foundation, original electrical) that may not have been fully addressed in the 2011 interior remodels.
Lack of Financial Transparency: The description highlights 'high rental demand' but does not provide specific details on current rental income, occupancy rates, or lease terms, which are crucial for an investor's comprehensive due diligence.

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