Two-Unit Duplex
For Sale
$1,025,000
2465 D Street, La Verne, CA 91750
MULTI_FAMILY - La Verne, CA
Property Size2,646 SF
Lot Size0.17 Acres
Price / SF$387.38
Days on Market21
Property Features for 2465 D Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 3, Laundry Room, Bedroom 5, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 5, Bathroom 4, Bathroom 1, Bedroom 4, Living Room
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, Vinyl, Carpet
Building materials
Stucco
Roof type
Composition
Listing Agency:
CENTURY 21 MASTERS · Century 21 Real Estate
(626) 914-6637
Listed By:
Marty Rodriguez · License #00632854
(626) 914-6637
Added: Jul 30
Changed: Aug 18
Last Checked: Aug 18 at 11:06PM
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 includes two separate two-story residences totaling 2,646 square feet of living area. The property offers 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 two-car garage. Unit 2465 provides two bedrooms and 1.5 bathrooms, while Unit 2467 includes three bedrooms and 2.5 bathrooms.
The residences sit on a 7,495-square-foot corner lot near Downtown La Verne and the University of La Verne. Restaurants, shops, coffee, and other community amenities are nearby. Built in 1978, the property has stucco construction, public water and sewer service, a composition roof, and driveway parking. The two-unit layout supports separate residential occupancy, multigenerational use, or rental income from one residence while occupying the other.
The residences sit on a 7,495-square-foot corner lot near Downtown La Verne and the University of La Verne. Restaurants, shops, coffee, and other community amenities are nearby. Built in 1978, the property has stucco construction, public water and sewer service, a composition roof, and driveway parking. The two-unit layout supports separate residential occupancy, multigenerational use, or rental income from one residence while occupying the other.
Key Highlights
- Two residences with 2,646 sq ft of combined living space
- Five bedrooms with 2 full, 1 three‑quarter, and 2 half bathrooms
- Each residence includes its own 2‑car garage
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 separate residences, private outdoor areas, 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 residences with 2,646 sq ft of combined living space; Five bedrooms with 2 full, 1 three‑quarter, and 2 half bathrooms; Each residence includes its own 2‑car garage
