$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 AVE Claremont, CA 91711
0.27 Acres Lot
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-20176
Sold Date 12/23/24
Construction Status Turnkey
HOA Y/N No
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
Area 683 - Claremont
Interior
Interior Features Laminate Counters, Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Laminate, Vinyl
Fireplaces Type Decorative
Equipment Satellite Dish
Fireplace Yes
Appliance Dishwasher, Gas Range, Refrigerator, Range Hood, Water Heater
Laundry Common Area, In Carport, Laundry Room
Exterior
Exterior Feature Lighting
Parking Features Assigned, Carport, One Space, On Street
Carport Spaces 5
Fence Average Condition, Block, Wood
Pool None
Community Features Curbs, Street Lights, Suburban, Sidewalks
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
View Y/N Yes
View Mountain(s), Neighborhood
Roof Type Common Roof,Flat,Shingle,Tar/Gravel
Private Pool No
Building
Lot Description Front Yard, Sprinklers In Front, Lawn, Landscaped, Level, Near Public Transit, Rectangular Lot, Sprinklers On Side, Sprinkler System, Street Level
Faces West
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer, Sewer Tap Paid
Water Public
Level or Stories Two
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 8311019014
Security Features Carbon Monoxide Detector(s),Resident Manager,Smoke Detector(s),Security Lights
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Probate Listing
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with REALTOR.COM UNKNOWN • Vendors