506 N Towne AVE Pending

Claremont,CA 91711

$ 1700000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID P1-20176

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

Heating Central

Cooling Central Air

Flooring Laminate,Vinyl

Fireplaces Type Decorative

Equipment Satellite Dish

Laundry Common Area,In Carport,Laundry Room

Exterior

Exterior Feature Lighting

Parking Features Assigned,Carport,One Space,On Street

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

Building

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

Story 2

Foundation Slab

Sewer Public Sewer,Sewer Tap Paid

Water Public

New Construction No

Others

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

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