Updated Two-Unit
For Sale
$1,150,000
2408 2nd 2130 G Street, La Verne, CA 91750
Two residences occupy one lot, including a home refreshed in 2025.
Property Size2,029 SF
Days on Market8
Property Features for 2408 2nd 2130 G Street
General Information
Standard status
Active
Size
2,029 SF
Property subtype
Duplex
Building Details
Building Size
2,029 SF
Year Built
1958
Listing Agency:
NEW HARVEST REALTY
Listed By:
Lisa Di Noto · License #01804308
Source:
Camdenmckayre
Added: Aug 3
Changed: Aug 9
Last Checked: Aug 9 at 4:23AM
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 NEW HARVEST REALTY
Investment Insights
Based on property information with market context.
This duplex property consists of two separate residences on a single lot. The home at 2408 2nd Street was refreshed in 2025 and contains two bedrooms and two bathrooms. The residence at 2130 G Street provides two bedrooms and one bathroom. Together, the buildings offer a flexible two-unit configuration for an investor, multigenerational household, or owner-occupant seeking a second residence with rental potential.
The property is in La Verne, near Downtown La Verne, the University of La Verne, local shops and restaurants, parks, and schools. Both residences date to 1958, providing an established residential asset with distinct living spaces and a varied two- and one-bathroom layout.
The property is in La Verne, near Downtown La Verne, the University of La Verne, local shops and restaurants, parks, and schools. Both residences date to 1958, providing an established residential asset with distinct living spaces and a varied two- and one-bathroom layout.
Key Highlights
- Two separate residences situated on one lot
- 2408 2nd Street residence refreshed in 2025
- Two bedrooms and two bathrooms at 2408 2nd Street
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
$35,434
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
3.08%
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%
$708,680
$708.7K
Cap Rate 7%
$506,200
$506.2K
Cap Rate 9%
$393,711
$393.7K
Market Conditions
NOI Build-Up for 2,029 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
$54.8K $27.00/SF
− Vacancy
−$4.2K −$2.05/SF
EGI
$50.6K $24.95/SF
− OpEx
−$15.2K −$7.48/SF
NOI
$35.4K $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%
$708,680
Cap Rate 7%
$506,200
Cap Rate 9%
$393,711
Alternative Uses
Best Use
Multifamily LT 5
$506.2K
$442.9K – $590.6K
NOI $35,434 @ 7.0% cap · market cap 3.08%
Second Best
Apartment 5plus
$466.4K
$408.1K – $544.1K
NOI $32,648 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$1.09M
$950.5K – $1.27M
NOI $76,042 @ 7.0% cap · market cap 6.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
854
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences occupy one lot, including a home refreshed in 2025.
Where is this duplex located?
The property is located at 2408 2nd 2130 G Street La Verne, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Two separate residences situated on one lot; 2408 2nd Street residence refreshed in 2025; Two bedrooms and two bathrooms at 2408 2nd Street
