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Two-Unit Duplex with Garages
For Sale
$1,025,000

2465 D Street, La Verne, CA 91750

La Verne, CA

Property Size2,646 SF
Lot Size0.17 Acres
Price / SF$387.38
Days on Market35

Property Features for 2465 D Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 5, Bathroom 2, Laundry Room, Living Room, Bathroom 1, Bedroom 1, Bathroom 4, Bathroom 5, Bedroom 2, Bedroom 3, Bathroom 3, Bedroom 4
Parking 8
Parking features Driveway, Garage
Fencing Chain Link
Appliances Range Hood, Gas Range
Lot features Lot 6500-9999
Directions North of Bonita
Subdivision 684 - La Verne
Standard status Active
APN 8377002029
Lot size 0.17 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

central air conditioning
private outdoor areas

Building Details

Year built 1978
Floors in Building 2
Number of units 2
Flooring type Laminate, Carpet, Vinyl
Building materials Stucco
Roof type Composition
Listing Agency: CENTURY 21 MASTERS · Century 21 Real Estate
Listed By: Marty Rodriguez · License #00632854
Added: Jul 30 Changed: Sep 2 Last Checked: Sep 2 at 3:06PM
MLS# CV26167565

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex contains two separate 2-story residences with 2,646 sq ft of combined living space. The property includes five bedrooms, two full bathrooms, one three-quarter bathroom, and two half bathrooms, along with central air conditioning and private outdoor areas. Each residence has a dedicated 2-car garage. The home at 2465 D Street includes two bedrooms and 1.5 bathrooms, while the residence at 2467 D Street offers three bedrooms and 2.5 bathrooms.

Positioned on a 7,495 sq ft corner lot in La Verne, the property is near Downtown La Verne and the University of La Verne. Restaurants, shops, coffee, and other community amenities are also nearby. Public water and sewer serve the property, which was built in 1978 and features stucco construction, composition roofing, and a combination of laminate, vinyl, and carpet flooring.

Key Highlights

  • Two‑residence duplex with 2,646 sq ft of combined living space
  • Five bedrooms with 2 full bathrooms, 1 three‑quarter bathroom, and 2 half bathrooms
  • Each residence includes its own 2‑car garage, providing four total garage spaces

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,209
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.51%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$924,180 $924.2K
Cap Rate 7%
$660,129 $660.1K
Cap Rate 9%
$513,433 $513.4K
Market Conditions
NOI Build-Up for 2,646 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$71.4K $27.00/SF
− Vacancy
−$5.4K −$2.05/SF
EGI
$66.0K $24.95/SF
− OpEx
−$19.8K −$7.48/SF
NOI
$46.2K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$924,180
Cap Rate 7%
$660,129
Cap Rate 9%
$513,433

Alternative Uses

Best Use
Multifamily LT 5
$660.1K
$577.6K – $770.2K (±1% cap)
NOI $46,209 @ 7.0% cap · market cap 4.51%
Second Best
Apartment 5plus
$608.2K
$532.2K – $709.6K (±1% cap)
NOI $42,576 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$1.42M
$1.24M – $1.65M (±1% cap)
NOI $99,166 @ 7.0% cap · market cap 9.67%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Daycare Center Locksmith (Bike/Boat/Book/etc) Store Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

882
Businesses Nearby

Demographics for 91750, CA

33,376
Population
12,928
Households
2.6
Avg Household Size
46
Median Age
41%
College-Educated
93%
High-School Grad
18.5 sq mi
ZIP Area
1,804
Density / Sq Mi
$104,827
Median Household Income
$56,417
Median Earnings
$2,217
Median Rent
$789,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Corner-lot property with separate outdoor areas and central air conditioning.
Where is this duplex located?
The property is located at 2465 D Street La Verne, CA.
What is the asking price?
The asking price for this property is $1,025,000.
What are key features of this property?
This property features: Two‑residence duplex with 2,646 sq ft of combined living space; Five bedrooms with 2 full bathrooms, 1 three‑quarter bathroom, and 2 half bathrooms; Each residence includes its own 2‑car garage, providing four total garage spaces
More about this property
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