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Closed
- Listed price
- $1,789,000
- Listed Feb 18, 2025 · $496/sq ft
- Sold price
- $1,800,000
- Sold Mar 13, 2025
8 beds|8 ba|3,607 sqft|12,468 sqft lot|1948 Built|12 MLS days on market
2530 Magnolia Ave, La Verne, CA 91750
Property Description
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!!!
Listing agent: Fenping WangDRE #01746848ASHAWANG7@GMAIL.COM, Listing office: Vantage Capital Inc.
MLS data updated 11/3/2026, 1:40:06 PM PT
Source: CRMLSMLS #: CV25036100
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,800,000
Mar 13, 2025
Available records22025
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,800,000Closed sale · Mar 13, 2025ZIP 91750 · Mar 2025
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsFeb 18, 2025 – Mar 13, 2025
ZIP 91750 · same property typeLoading eligible closed sales…
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.