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Listed by David Shorter • David Shorter, Broker
$959,000
Est. payment /mo
6,323 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRIN25136357
Year Built 1941
Lot Size 6,323 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
Big Price Improvement! Welcome to 2685 Arrow Highway, an exceptional investment and multi-generational living opportunity nestled in the heart of La Verne. This versatile property features a beautifully maintained 2-bedroom, 1-bath front home of approximately 900 sq ft, complete with central air conditioning, a private yard, and parking for three vehicles-currently generating $2,800 per month in rental income. Set behind the main residence is a recently built, fully permitted 2-bedroom, 1.5-bath ADU (approx. 648 sq ft, built in 2021), offering modern amenities such as central air, a private rear yard with a flourishing orange tree, BBQ area, patio, and garden, as well as granite kitchen counters and a convenient stack washer/dryer. The ADU also enjoys direct access to a detached, permitted 200 sq ft bonus room at the rear of the garage-ideal for use as a studio, office, or guest suite, featuring independent heating and air with potential for a future bathroom addition. The property now comes with two overnight annual street parking permits which, combined with the two parking spots on the driveway, provides ample parking for both units! Both homes benefit from 21 owned solar panels, dramatically reducing monthly electricity bills and to be fully paid off at close of escrow,
Location
State CA
County Los Angeles
Area 684 - La Verne
Interior
Heating Central Forced Air
Exterior
Garage Spaces 2.0
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 8371006028
Special Listing Condition Not Applicable
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Joel Martinez
Property Connection Specialist | License ID: 02338033
Property Connection Specialist License ID: 02338033