2224 E St La Verne, CA 91750
- Retail properties
- 5,300 SF
- 5,227.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 2224 E St
- Lot size
- 5,227.00 lot acres
- Property size
- 5,300 SF
- Property type
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- La Verne
- County
- Los Angeles
- State
- California
- Longitude
- -117.768
- Latitude
- 34.0994
