2685 Arrow Hwy, La Verne, California 91750, La Verne, 91750 - 4 bed, 3 bath

2685 Arrow Hwy, La Verne, California 91750 home-pic-0
ACTIVE$999,000
2685 Arrow Hwy, La Verne, California 91750
4Beds
3Baths
1,700Sqft
6,323Lot
Year Built
1941
Close
-
List price
$999K
Original List price
$1.05M
Price/Sqft
$588
HOA
-
Days on market
-
Sold On
-
MLS number
OC25015857
Home ConditionGood
Features
Good View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood

About this home

Possibly Over-Priced:The estimated price is 3% below the list price. We found 2 Cons,3 Pros. Rank: price - $999.0K(57th), sqft - 1700(37th), beds - 4(50th), baths - 3(56th).

NEW PRICE! Welcome to this charming 2-bedroom, 1 1/2-bath home, paired with a fully permitted 2-bedroom, 1 1/2-bath ADU built in 2021, both in move-in-ready condition! The permitted ADU boasts its own private entrance and features an open floor plan, making it perfect for multigenerational living, rental income, or Airbnb opportunities. Thoughtfully designed, vinyl fencing separates the main home and ADU, providing each unit with its own private backyard. Both spaces are beautifully illuminated with solar bistro lights and feature amenities such as a barbecue area, a tranquil fountain, no rear neighbors and a mature orange tree for added charm. Adding even more value, the property includes a permitted detached bonus room (approx. 215 sqft), which is currently being used as a bedroom. Whether you need extra entertaining space or a private retreat, this flexible bonus area is a fantastic feature!The front home has been tastefully updated, featuring new flooring, modernized bathrooms, fresh paint, and an updated kitchen. The home is currently tenant-occupied on a month-to-month lease, generating $2,800 in rental income. Solar will be paid off through close of escrow. Peak season electric bill for both homes has been under 125.00 per month. Situated in a prime La Verne location, this home is within close proximity to the University of La Verne, Old Town La Verne, and is within walking distance to the metro station. Easy access to the 10 and 210 freeways makes commuting a breeze. To top it all off, enjoy a spectacular 4th of July fireworks display right from the comfort of your backyard!This property offers the perfect combination of comfort, convenience, and flexibility. Whether you’re looking for a home with rental potential, space for family, or an ideal investment property, this one checks all the boxes!

Condition Rating
Good

The property consists of a main house built in 1941 that has been updated, and a new ADU built in 2021. The description mentions updated flooring, modernized bathrooms, and an updated kitchen in the main house. The ADU is new construction. While the main house is older, the updates and the presence of a new ADU bring the overall condition to 'Good'. The images confirm the updated condition of the kitchen and bathrooms.
Pros & Cons

Pros

Income Potential: The property features a fully permitted ADU, providing excellent rental income or Airbnb opportunities.
Updated Features: The front home has been tastefully updated with new flooring, modernized bathrooms, fresh paint, and an updated kitchen.
Prime Location: Located in a desirable La Verne location, close to the University of La Verne, Old Town La Verne, the metro station, and with easy freeway access.

Cons

Tenant Occupied: The front home is currently tenant-occupied on a month-to-month lease, which may limit immediate occupancy options for some buyers.
Year Built: The original home was built in 1941, which may require more maintenance compared to newer constructions.

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