Description
Discover a unique investment opportunity with two charming vintage homes situated on a prime 5,300 sq ft parcel in the heart of downtown La Verne, located near the vibrant University of La Verne campus. This property is currently utilized as two separate income residential homes with separate addresses, gas and electric meters but its mixed-use commercial zoning opens the door to a variety of business possibilities!Key features:Prime Location: Nestled on the bustling E Street, this property benefits from high traffic and excellent visibility, making it an ideal spot for businesses looking to thrive in a dynamic environment.Zoning Flexibility: The property is zoned for mixed-use commercial, allowing for creative development solutions including retail, office space, restaurant or further development of residential units with live/work zoning.Improvement Potential: The site is approved for development of up to 8,000 BUILDABLE sq ft where you can have up to five three story tall live work units, giving developers ample room to maximize their investment.Convenient Access: Enjoy the convenience of being within walking distance to the Gold Line train station, University of La Verne and the LA County Fairgrounds and down town La Verne enhancing accessibility and foot traffic.Community Vibe: Experience the charm of downtown La Verne, known for its quaint shops, vibrant dining options, and community events, all contributing to a desirable business environment.Whether you're looking to expand your business portfolio or embark on a new venture, this property offers exceptional potential in a thriving area. This is the best chance to capitalize on this unique once in a life time development opportunity in La Verne with unlimited potential!
-
3BEDS
-
0.12ACRES
-
2BATHS
-
01/2 BATHS
-
1,616SQFT
-
$865$/SQFT
Description
Discover a unique investment opportunity with two charming vintage homes situated on a prime 5,300 sq ft parcel in the heart of downtown La Verne, located near the vibrant University of La Verne campus. This property is currently utilized as two separate income residential homes with separate addresses, gas and electric meters but its mixed-use commercial zoning opens the door to a variety of business possibilities!Key features:Prime Location: Nestled on the bustling E Street, this property benefits from high traffic and excellent visibility, making it an ideal spot for businesses looking to thrive in a dynamic environment.Zoning Flexibility: The property is zoned for mixed-use commercial, allowing for creative development solutions including retail, office space, restaurant or further development of residential units with live/work zoning.Improvement Potential: The site is approved for development of up to 8,000 BUILDABLE sq ft where you can have up to five three story tall live work units, giving developers ample room to maximize their investment.Convenient Access: Enjoy the convenience of being within walking distance to the Gold Line train station, University of La Verne and the LA County Fairgrounds and down town La Verne enhancing accessibility and foot traffic.Community Vibe: Experience the charm of downtown La Verne, known for its quaint shops, vibrant dining options, and community events, all contributing to a desirable business environment.Whether you're looking to expand your business portfolio or embark on a new venture, this property offers exceptional potential in a thriving area. This is the best chance to capitalize on this unique once in a life time development opportunity in La Verne with unlimited potential!
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-06-19T20:36:14.693. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.