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    2122 E St La Verne, CA 91750

    Sponsored
    For Sale
    $1,400,000

    Prime Downtown La Verne location, high-density mixed-use.

    Property size:
    5,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5,300 sq ft lot in downtown La Verne, CA presents a remarkable development opportunity. Located on high-traffic E Street, this property boasts a prime location near the University of La Verne (approximately 6,000 students) and La Verne's new light rail station (opening December 2024), part of the L.A. Metro A Line's eastern expansion. Currently zoned for mixed-use, high-density development, including restaurants, the property allows for a two-story structure up to 8,000 sq ft, with four rear parking spaces accessible via an alley. The lot's 130-foot depth provides excellent visibility and access from E Street, a heavily traveled thoroughfare. Adjacent metered parking provides additional convenience. The asking price is $1,400,000, with a triple net lease structure and rent bumps. This vacant lot offers significant potential for a variety of commercial uses, including retail, restaurants, or professional offices, making it an ideal investment in a thriving, growing community. The APN is 8377-021-018. The lot size is 5.227 acres.

    Property Features for 2122 E St

    General Information

    Property type
    Retail properties
    Square Feet
    5,300 SF
    Lot Size
    227,688,120 SF

    HighLights

    • High‑traffic E Street frontage in downtown La Verne.
    • Excellent location near La Verne's new train station and the University of La Verne.
    • Adjacent metered short‑term parking lot.
    • Flexible zoning allows for a two‑story building.
    • 130‑foot deep lot with convenient side alley access.
    • Mixed‑use, high‑density zoning suitable for restaurant, retail, or professional office uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    La Verne
    County
    Los Angeles
    State
    California
    Longitude
    -117.7686951
    Latitude
    34.0983846

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    FAQs

    What type of property is this?
    Retail property - Prime Downtown La Verne location, high-density mixed-use.
    Where is this retail property located?
    The property is located at 2122 E St La Verne, CA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: High-traffic E Street frontage in downtown La Verne.; Excellent location near La Verne's new train station and the University of La Verne.; Adjacent metered short-term parking lot.
    Request Owner's contact information
    2122 E St La Verne, CA 91750
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    La Verne, CA 91750
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2122 E St La Verne, CA 91750
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