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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2224 E St La Verne, CA 91750

5,300 SF 5227 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5,300 sq ft vacant lot in La Verne, CA presents a remarkable development opportunity. Located on high-traffic E Street, this property boasts a prime downtown location, offering unparalleled visibility and accessibility. Currently zoned for mixed-use, high-density development, including restaurant uses, it allows for a two-story structure up to 8,000 sq ft, with plans approved for four rear parking spaces accessed via a convenient side alley. The lot's 130-foot depth ensures ample space for a variety of commercial ventures. Its proximity to the University of La Verne (approximately 6,000 students) and the new La Verne light rail station (opening December 2024) provides exceptional access to a large and growing population. The rail station is part of a 12.5-mile expansion of the L.A. Metro A Line, connecting La Verne to Montclair, Pasadena, downtown Los Angeles, and Long Beach. A metered short-term parking lot is conveniently located next door, further enhancing the property's appeal. The asking price is $1,200,000, translating to $226.42 per square foot. This 5.227-acre lot represents a unique chance to capitalize on La Verne's vibrant growth and strategic location. The property is currently vacant and ready for immediate development. The address is 2224 E Street, La Verne, CA 91750.

Property profile
Verified
Property type Retail properties & Spaces
Total area 5,300 SF
Lot 5227 ac (227,688,120 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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