2309 5th Street, La Verne, California 91750, La Verne, 91750 - 0 bed, 0 bath
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La Verne, California 91750
This Turnkey Residential Income Duplex is listed at $980,000, representing a high-quality asset in a Prime Investment Location. While positioned above the $913,115 Fair Market Value, the price reflects its Good Condition Rating and extensive capital improvements, including Granite Kitchens, dual-pane windows, and newer HVAC systems. Located steps from the University of La Verne and within a district of Top-Rated Schools (9/10 rating), the property ensures consistent rental demand and long-term stability. It is an ideal selection for Buy-and-Hold Investors or Owner-Occupants looking for a move-in-ready "house hack."
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2309 5th Street Subject | $980,000* List Price | 0 | 0 | 1,500 | $609 | - |
A 2560 Bonita Sold | $873,000 | 3 | 3 | 1,648 | $530 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1963, the property has undergone significant updates that place it in the 'Good' category. Key improvements include a roof replaced approximately 8-9 years ago, dual-pane windows, and recently renovated kitchens and bathrooms with granite countertops. The systems are well-maintained with newer water heaters and HVAC units, making both units move-in ready.
Elementary School: J. Marion Roynon Elementary School (9/10). High School: Bonita High School (9/10).
Situated in a desirable tree-lined neighborhood near downtown La Verne and the University of La Verne, this property is perfectly positioned for high rental demand and low vacancy rates.
Both units feature extensive recent updates, including granite countertops, dual-pane windows, and newer HVAC systems, offering a move-in ready opportunity with minimal immediate capital expenditure.
The landlord currently covers water, trash, and gardening costs, which increases the expense ratio and reduces the overall net operating income for the investor.
With each unit offering only 750 square feet of living space, the property may face limitations in attracting larger families or tenants seeking more spacious accommodations.
Wonderful investment opportunity! Beautifully updated residential two-story duplex in tree lined La Verne neighborhood close to downtown La Verne and University of La Verne. Property features two units, units are one level with 2 bedroom and 1 full bathroom, with approximately 750 SF each of living space on a spacious 4,299 SF corner lot with a covered carport and newer driveway to accommodate four cars. Both units have been recently updated: The lower unit (2307 5th St) has white cabinets and granite counters, gas range and refrigerator, vinyl flooring and carpet, updated full bathroom, dual pane windows and blinds, mirrored closet doors, newer water heater, and electric furnace and wall mounted HVAC unit. The upper unit (2309 5th St) offers vinyl flooring and carpet, updated kitchen with wood cabinets and granite counters, gas range, refrigerator, stackable washer and dryer, updated full bathroom, dual pane windows and blinds, mirrored closet doors, newer water heater, and roof mounted central HVAC. Landlord currently pays water, trash, and gardener. Roof was replaced approximately 8-9 years ago. These units show beautifully!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,500 | 1,648 | 33% |
| Lot Size | 4,296 | 9,089 | 33% |
| Price | $980.0K | $980.0K | 50% |
| Price per sq ft | $653 | $530 | 67% |
| Built year | 1963 | 1963 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 179 | 33% |
Apr 20, 2026
$980,000
Initial Listing
Mar 31, 2010
$410,000
Public Record