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1848 1st St, La Verne, CA 91750

Sale Price: $790,000
Apr 1, 20241,131 sqft3 beds2 baths
Listed by: Divya Santhanam
License #: 02128627
Phone #: 909-949-0605
RE/MAX CHAMPIONS
Source:
CRMLS Logo
MLS #: CV24055089

Property Description

Welcome to this charming home in the highly desired downtown area of La Verne and located just 350ft from the University of La Verne. This beautiful home built in 1910 features one front house, and an additional ADU in the back. The main house consists of 2 bedrooms, 1 bath, and is approximately 700 square feet. It's bringing in a rental income of $2300 (approximate rental value $2500). It features an open floor plan, private yard with new fencing, and new dual pane windows. The fully permitted and newly built ADU (year built - 2022) has a separate address - 1852 1st St - and is approximately 435 square feet. It's bringing in a rental income of $2100. It's modern construction boasts Spanish backsplash tiles, soft-close cabinets, rainfall shower, mini-split AC, new blinds etc. It is a 1 bedroom, 1 bath unit with laundry inside. Both units come with SEPARATE METERS (Electric, Gas, Water). ADU to be sold furnished with everything shown in photos including bed, couch, lamps, wall decor, nightstands with lamps, outdoor furniture, etc.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,563

TurboHome Estimated Value

$751,600

$665 sqft

High Valuation
$789,180
$698/sqft
Normal Valuation
$751,600
$665/sqft
Low Valuation
$714,020
$631/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$665/sqft$751,600

Neighborhood

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Comparative Value

$630K

$665K

$748K

$790K

$875K

1832 C St, La Verne, CA 91750

Sale Price: $630,000

Selected Comparable

1641 1st St, La Verne, CA 91750

Sale Price: $665,000

Selected Comparable

1956 6th St, La Verne, CA 91750

Sale Price: $748,000

Selected Comparable

1848 1st St, La Verne, CA 91750

Sale Price: $790,000

Selected Comparable

1848 1st St, La Verne, CA 91750

List Price: $799,000

Subject Property

2520 Park Ave, La Verne, CA 91750

Sale Price: $875,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1848 1st St, La Verne, CA 91750

1848 1st St, La Verne, CA 91750

List: $799,000

Listed: 4/1/2024

Area:1,131 sqft
Price/sqft:$706
Beds:3
Baths:2
Year Built:
Lot Size:4,917

Comparable Properties

COMPARABLE
Choose comps
1832 C St, La Verne, CA 91750

1832 C St, La Verne, CA 91750

Sale: $630,000

7/17/20250.24 mi

Area:1,047 sqft
Price/sqft:$602
Beds:3
Baths:2
Year Built:
Weight:21.6%
1848 1st St, La Verne, CA 91750

1848 1st St, La Verne, CA 91750

Sale: $790,000

9/10/20240.00 mi

Area:1,131 sqft
Price/sqft:$698
Beds:3
Baths:2
Year Built:
Weight:21.0%
1956 6th St, La Verne, CA 91750

1956 6th St, La Verne, CA 91750

Sale: $748,000

11/19/20240.37 mi

Area:1,162 sqft
Price/sqft:$644
Beds:3
Baths:2
Year Built:
Weight:20.1%
2520 Park Ave, La Verne, CA 91750

2520 Park Ave, La Verne, CA 91750

Sale: $875,000

3/11/20250.36 mi

Area:1,238 sqft
Price/sqft:$707
Beds:3
Baths:2
Year Built:
Weight:19.6%
1641 1st St, La Verne, CA 91750

1641 1st St, La Verne, CA 91750

Sale: $665,000

7/16/20250.20 mi

Area:912 sqft
Price/sqft:$729
Beds:3
Baths:1
Year Built:
Weight:17.7%

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