Two-Unit Duplex with Separate
For Sale
$1,025,000
2465 D Street, La Verne, CA 91750
Corner-lot duplex with two two-story residences, private outdoor areas, central air conditioning, and dedicated garage parking.
Property Size2,646 SF
Lot Size0.17 Acres
Price / SF$387.38
Days on Market11
Property Features for 2465 D Street
General Information
Standard status
Active
Size
2,646 SF
Total Parking Spaces
4
Lot size
0.17 Acres
Property subtype
Duplex
Units
Unit Mix
1 x 2BR/1.5BA, 1 x 3BR/2.5BA
Multifamily Units
2
Parking per Unit
2
Amenities
central air conditioning
private outdoor areas
Building Details
Building Size
2,646 SF
Year Built
1978
Buildings
2
Stories
2
Listing Agency:
CENTURY 21 MASTERS
(626) 914-6637
Listed By:
Marty Rodriguez · License #00632854
Source:
Camdenmckayre
Added: Aug 14
Changed: Aug 21
Last Checked: Aug 23 at 7:34AM
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 CENTURY 21 MASTERS
Investment Insights
Based on property information with market context.
This 1978 duplex comprises two separate, two-story residences with 2,646 sq ft of combined living area. The property includes five bedrooms, two full bathrooms, one three-quarter bathroom, and two half bathrooms. Both residences have central air conditioning and private outdoor areas. Unit 2465 contains two bedrooms, 1.5 bathrooms, and a two-car garage, while Unit 2467 offers three bedrooms, 2.5 bathrooms, and its own two-car garage.
Set on a 7,495 sq ft corner lot, the property provides four garage spaces across the two residences. Downtown La Verne and the University of La Verne are nearby, along with restaurants, shops, coffee, and community amenities. The separate residential layout supports distinct occupancy within one duplex property.
Set on a 7,495 sq ft corner lot, the property provides four garage spaces across the two residences. Downtown La Verne and the University of La Verne are nearby, along with restaurants, shops, coffee, and community amenities. The separate residential layout supports distinct occupancy within one duplex property.
Key Highlights
- Two‑story duplex configuration with two separate residences
- 2,646 sq ft of combined living area on a 7,495 sq ft lot
- Five bedrooms and five total bathrooms across both residences
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
NOI $46,209 @ 7.0% cap · market cap 4.51%
Second Best
Apartment 5plus
$608.2K
$532.2K – $709.6K
NOI $42,576 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$1.42M
$1.24M – $1.65M
NOI $99,166 @ 7.0% cap · market cap 9.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
882
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 - Corner-lot duplex with two two-story residences, private outdoor areas, central air conditioning, and dedicated garage parking.
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‑story duplex configuration with two separate residences; 2,646 sq ft of combined living area on a 7,495 sq ft lot; Five bedrooms and five total bathrooms across both residences
