506 N Towne Avenue

Claremont, CA 91711

$1,500,000

Sold Price
N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1964

calendar_month Built

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.

Listing Information

Close Price $1,500,000
Close Date Monday, December 23rd, 2024
Status Closed
MLS P120176
HOA $0
Type Residential Income
Year Built 1964
Lot Size 11,900
Structure Size N/A
DOM 5
Courtesy Of Vimvi California
Listing Agent Mark MacFarlane DRE#01795440
Co-Listing Agent Justin Fautsch DRE#02081966

Interior Features

Laundry Information
Location(s) Common Area, In Carport, Laundry Room
Total Bedroom
Bedrooms N/A
Flooring Information
Material Laminate, Vinyl
Fireplace Information
Features Decorative
Additional Information
Additional Features Laminate Counters, Walk-In Closet(s)
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Mark MacFarlane, Justin Fautsch, Vimvi California (626) 669-1088. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 23rd, 2024 at 6:44 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.