CA > Claremont
Claremont, CA 91711,506 N Towne AVE
Claremont, CA 91711,506 N Towne AVE
Claremont, CA 91711,506 N Towne AVE
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$1,700,000
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0.27 Acres Lot
Pending

506 N Towne AVE Claremont, CA 91711

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Jeff Underdahl

Jeff Underdahl

+1(760) 271-8772

UPDATED:

12/11/2024 09:53 PM

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID P1-20176

Construction Status Turnkey

HOA Y/N No

Year Built 1964

Lot Size 0.273 Acres

Property Description

This six-unit apartment building in Claremont is a standout investment opportunity, boasting a recently painted exterior that enhances its curb appeal. 4 units are renovated and vacant, ready for new tenant. One unit tenant occupied. One unit owner-occupied. Inside, four of the units have been thoughtfully renovated, featuring new flooring, fresh interior paint, and updated lighting to provide a modern and inviting living space. The property consists of a versatile unit mix, including one spacious 3-bedroom, 2-bathroom unit and five well-appointed 2-bedroom, 2-bathroom units, catering to a range of tenants. Additionally, the building is separately metered for gas and electric, offering convenience for tenants and efficiency for management. This property is a rare find, combining updates, functionality, and strong potential for income.

Location

State CA

County Los Angeles

Area 683 - Claremont

Interior

Interior Features Laminate Counters, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Laminate, Vinyl

Fireplaces Type Decorative

Equipment Satellite Dish

Fireplace Yes

Appliance Dishwasher, Gas Range, Refrigerator, Range Hood, Water Heater

Laundry Common Area, In Carport, Laundry Room

Exterior

Exterior Feature Lighting

Parking Features Assigned, Carport, One Space, On Street

Carport Spaces 5

Fence Average Condition, Block, Wood

Pool None

Community Features Curbs, Street Lights, Suburban, Sidewalks

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

View Y/N Yes

View Mountain(s), Neighborhood

Roof Type Common Roof,Flat,Shingle,Tar/Gravel

Private Pool No

Building

Lot Description Front Yard, Sprinklers In Front, Lawn, Landscaped, Level, Near Public Transit, Rectangular Lot, Sprinklers On Side, Sprinkler System, Street Level

Faces West

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer, Sewer Tap Paid

Water Public

Level or Stories Two

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 8311019014

Security Features Carbon Monoxide Detector(s),Resident Manager,Smoke Detector(s),Security Lights

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Probate Listing

California Regional MLS (CRMLS)
Listed by Mark MacFarlane • Vimvi California • mark@vimvi.com

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Jeff Underdahl

CEO/Team Leader | License ID: 01077484

+1(760) 271-8772

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506 N Towne AVE