Permitted Triplex with
2302 8th La Verne, CA 91750
2302 8th, La Verne, CA, 91750
$1,599,999
For Sale
$1,599,999
Three units with private entrances, including two permitted ADUs, a detached 2-car garage, and alley access with ample parking.
Property Size2,977 SF
Lot Size0.19 Acres
Price / SF$537.45
Days on Market150
Property Features for 2302 8th
General Information
- Standard status
- Active
- Size
- 2,977 SF
- Lot size
- 0.19 Acres
- Property subtype
- Triplex
Building Details
- Year Built
- 1977
Listing agency
eXp Realty of California, Inc.
(909) 621-6761
Listed by
Gilbert Pacheco · License #01822995
Source
Xome
Added: Feb 21 Updated: Jul 21 at 5:12AM Checked: Jul 21 at 5:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty of California, Inc.
Investment Insights
Based on property information with market context.
This permitted triplex-style property features three separate units with private entries and comfortable separation between homes. The primary residence offers 3 bedrooms and 2 bathrooms with a gallery kitchen, an inviting living room with fireplace, and a spacious primary suite with a jacuzzi tub, along with dedicated A/C. Two additional ADUs provide further flexibility: the main ADU is a two-story layout with 3 bedrooms, 1 bathroom, a full kitchen, dedicated laundry area, and a private entry, and the junior ADU is a studio with its own kitchen, bath, and private entrance.
Improvements and key systems include recently remodeled bathrooms, a new water heater, a paid-off solar panel system, and a recent permitted roof. The main and junior ADUs share a separate A/C system from the primary residence. Parking includes a detached 2-car garage, a large driveway with parking for up to six vehicles, and RV parking, all supported by convenient alley access. The property is north-facing with Foothill views and overlooks Las Flores Park, with nearby access to Raging Waters and Bonelli Regional Park, and rental demand supported by University of La Verne and the Claremont Colleges. Buyer to verify any applicable state requirements, including any rent control regulations.
Improvements and key systems include recently remodeled bathrooms, a new water heater, a paid-off solar panel system, and a recent permitted roof. The main and junior ADUs share a separate A/C system from the primary residence. Parking includes a detached 2-car garage, a large driveway with parking for up to six vehicles, and RV parking, all supported by convenient alley access. The property is north-facing with Foothill views and overlooks Las Flores Park, with nearby access to Raging Waters and Bonelli Regional Park, and rental demand supported by University of La Verne and the Claremont Colleges. Buyer to verify any applicable state requirements, including any rent control regulations.
Key Highlights
- 3‑unit property with separate private entries: primary residence plus two ADUs (2 fully permitted, per remarks).
- Total approx. 2,945 SF on an approx. 8,183 SF lot; year built 1977.
- Unit A approx. 1,563 SF: 3 beds, 2 baths, gallery kitchen, living room with fireplace, and primary suite with jacuzzi tub.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $80.4k | $27.00 |
| − Vacancy | −$6.1k | −$2.05 |
| EGI | $74.3k | $24.95 |
| − OpEx | −$22.3k | −$7.48 |
| NOI | $52.0k | $17.46 |
2,977 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$742.7K
$649.9K – $866.5K
NOI $51,989 @ 7.0% cap · market cap 3.25%
Second Best
Apartment 5plus
$684.3K
$598.8K – $798.4K
NOI $47,902 @ 7.0% cap · market cap 2.99%
Theoretical Best
Office A
$1.59M
$1.39M – $1.86M
NOI $111,571 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three units with private entrances, including two permitted ADUs, a detached 2-car garage, and alley access with ample parking.
Where is this triplex located?
The property is located at 2302 8th La Verne, CA.
What is the asking price?
The asking price for this property is $1,599,999.
What are key features of this property?
This property features: 3‑unit property with separate private entries: primary residence plus two ADUs (2 fully permitted, per remarks).; Total approx. 2,945 SF on an approx. 8,183 SF lot; year built 1977.; Unit A approx. 1,563 SF: 3 beds, 2 baths, gallery kitchen, living room with fireplace, and primary suite with jacuzzi tub.
