2530 Magnolia Ave La Verne, CA 91750
Property details
About 2530 Magnolia Ave
Great Investment Opportunity in La Verne , the return CAP rate is over 5%, The newly built property offers 8 bedrooms, 8.5 bathrooms, and is divided into three separate units. One unit is 3 beds, 3 baths , monthly rent is $3200, One unit is 2 beds and 2 baths , monthly rent is $2500, One unit is 3 beds and 3.5 baths, market monthly rent is about $4300, total monthly rent is about $10,000.00, very low property Tax with NO HOA fee. It is great location with privacy Corner Lot, minutes walk to Park, close to an award-winning elementary school and Bonita Unified high School ,baseball fields, the University of La Verne, and the charming downtown area. There are many parking spaces besides 2 car garage , at least for 8 cars. There's also an extra-long driveway perfect for RV parking. The newly upgraded fence and courtyard feature concrete pavers and artificial turf with less maintenance. A few blocks away from Hillcrest Retirement Community offering club house, indoor swimming pool and more at very low cost. It is your DREAM HOUSE WITH GREAT INCOME!!!
Highlights
Summary
- MLS Number: CV25036100
- MLS Name: CRMLS
- Office Name: Vantage Capital Inc.
- Office Phone: (626) 905-2526
- Listing Agent: Fenping Wang
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/23/2025, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,789,000
2530 Magnolia Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 30, 2003 | Home Sold | $320,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $916,090 | $8,991 |
| 2023 | $898,128 | $8,838 |
| 2022 | $404,532 | $6,851 |
| 2021 | $396,601 | $3,241 |
| 2020 | $392,536 | $2,512 |
| 2019 | $384,840 | $4,547 |
| 2018 | $377,295 | $4,389 |
| 2017 | $369,898 | $4,389 |
History based on county public records data.
Nearby schools
9
Grace Miller Elementary School
Public District KG-5
0.3 mi
•1629 Holly Oak St
8
J. Marion Roynon Elementary School
Public District KG-5
0.6 mi
•2715 E St
9
La Verne Heights Elementary School
Public District KG-5
1.1 mi
•1550 Baseline Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $82,572. Typical income of La Verne, CA residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
PGA/LPGA
Symphony or Opera
Hiking/backpacking
Where do the neighbors shop?
Stein Mart
Chico's
Nordstrom Rack
Where do the neighbors go to eat?
Bonefish Grill
Cracker Barrel
Boston Market
What do the neighbors drive?
Lincoln
Buick
Volvo
What do the neighbors listen to?
Classical
Soft Adult Contemporary
Talk/Personality
Frequently asked questions
About 2530 Magnolia Ave
This home is located at 2530 Magnolia Ave in La Verne, CA and zip code 91750. This 3,607 square foot home, which was built in 1948, sits on a 0.29 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since February 18, 2025 and is currently priced at $1,789,000.
In January 2025 more than 7 listings in La Verne, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 1 were sold below. The number of listings in La Verne, CA decreased by 6.5% between December and January 2025. In January 2025 median list price was $989,500 and the average listing age was 19 days.