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Property profile & analytics
OFF-MARKET
Retail space

2055 White Ave La Verne, CA 91750-5665

468 SF 0.21 ac lot Built 1965
Individually Owned ~ Est. High Equity
Property ID
US10-0350179
Property summary
AI-generated overview

This exceptional redevelopment opportunity presents two adjacent parcels totaling 14,042 square feet (0.21 acres) at 2055 N White Ave and 2464 1st St, La Verne, CA 91750. The property, currently improved with a 468 square foot convenience store built in 1965, offers significant potential for a variety of commercial, retail, or mixed-use developments. The site boasts 100% occupancy and is listed at $1,800,000. Its location on a highly visible and well-traveled thoroughfare provides convenient access to the 210 and 57 freeways, attracting both local and regional traffic. The property's proximity to the University of La Verne, Brackett Field Airport, In-N-Out Burger, and the NHRA Motorsports Museum further enhances its appeal and potential for increased foot traffic. The zoning, LVPID, allows for a range of commercial uses. This is a 1031 exchange eligible property with APN numbers 8377-027-019 and 8377-027-030. Don't miss this chance to capitalize on the growth and desirability of this prime La Verne location. The existing structure provides immediate income while redevelopment plans are underway. This is a rare opportunity to acquire a well-positioned property in a thriving area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1965
Construction WOOD
Total area 468 SF
Lot 0.21 ac (8,955 SF)
Zoning code LVPID*
APN 8377-027-030
UPID US10-0350179
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
Current use
Occupant on record · Public records
  • Inland Dairy- Alta Dena Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Babubhai K Patel
Babubhai K Patel
1 recorded transaction
1969
Price N/A
Zoning & alternative use
LVPID* · La Verne, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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