2580 Hayes, La Verne, California 91750, La Verne, 91750 - 0 bed, 0 bath
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La Verne, California 91750
This Residential Income Triplex is a stable, high-demand asset with a List Price of $1,240,000, positioned accurately at its $1,242,940 Fair Market Value. The property features a Condition Rating of 4, offering one turnkey renovated unit alongside two units with Significant Rental Upside via month-to-month leases. This valuation provides $2,940 in Instant Equity at closing. With Private Two-Car Detached Garages for each unit and a quiet cul-de-sac location near Bonita High School, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a reliable value-add opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2580 Hayes Subject | $1,240,000* List Price | 0 | 0 | 3,756 | $331 | - |
A 2506 Hayes Drive Active | $1,249,800 List Price | 0 | 0 | 3,756 | $333 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, this triplex exhibits inconsistent quality across its units. While one unit has been recently renovated with modern wood-look flooring, white shaker cabinets, quartz countertops, and updated bathrooms, the remaining two units appear to have older finishes, including dated carpeting and original brick fireplaces. The use of window/wall AC units and the shared water utility further reflect the property's age. Overall, the property is functional and maintained but requires additional updates to the unrenovated units to meet current market standards.
With all three units currently on month-to-month leases at rates well below market value, there is a substantial opportunity for an investor to increase cash flow through strategic rent adjustments.
Situated at the end of a quiet cul-de-sac near award-winning schools and the University of La Verne, the property offers a peaceful environment surrounded by lush greenbelts, ensuring high tenant demand.
Each unit includes a private two-car detached garage, a rare and highly sought-after feature for multi-family properties that adds significant value and convenience for residents.
The property operates on a shared water meter paid for by the owner, which increases monthly operating expenses and reduces the overall net operating income.
While one unit has been recently remodeled, the remaining two units likely require capital improvements to match the updated unit's quality and command top-tier market rents.
Spacious Triplex in the wonderful City of La Verne! The property consists of one 3 bedroom 2 bathroom, and two 2 bedroom 2 bathroom units, all with fireplaces and ample square footage. One unit was recently updated with hard surface flooring, cabinets, countertops, remodeled bathrooms and painted. Located in La Verne near the award-winning Bonita High School and close shopping, restaurants and to the University of La Verne, this property is situated at the end of a quiet cul-de-sac and is surrounded by a lush greenbelt and mature trees. Each unit has a two-car detached garage, and there is also street parking available. All three units are currently rented on month-to-month leases, and current rents are well below market value. The building is all electric (no gas) and each unit is on its own electric meter. The water is a shared utility which is current paid directly by the owner. Please submit offers subject to interior inspection, and please do not disturb the tenants. Don't miss this tremendous investment opportunity!
No exterior & parking available.
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 | 3,756 | 3,262 | 67% |
| Lot Size | 7,511 | 9,089 | 33% |
| Price | $1.24M | $1.24M | 50% |
| Price per sq ft | $330 | $429 | 33% |
| Built year | 1964 | 1964 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 179 | 33% |
Mar 26, 2026
$1,240,000
Initial Listing
Jul 18, 2019
$420,000
Public Record
Sep 6, 2002
$361,000
Public Record
Feb 17, 1998
$162,000
Public Record