Sold

Closed

506 N Towne Avenue

Claremont CA, 91711

$1,500,000


$238.55 per sqft

Sold

Closed

6,288 sqft

Residential

Built in 1964

Listed by Mark MacFarlane with Vimvi California [email protected]

This six-unit apartment building in Claremont is a standout investment opportunity, boasting a recently painted exterior that enhances its curb appeal. 4 units are renovated and vacant, ready for new tenant. One unit tenant occupied. One unit owner-occupied. Inside, four of the units have been thoughtfully renovated, featuring new flooring, fresh interior paint, and updated lighting to provide a modern and inviting living space. The property consists of a versatile unit mix, including one spacious 3-bedroom, 2-bathroom unit and five well-appointed 2-bedroom, 2-bathroom units, catering to a range of tenants. Additionally, the building is separately metered for gas and electric, offering convenience for tenants and efficiency for management. This property is a rare find, combining updates, functionality, and strong potential for income.

P1-20176

MLS ID

December 5, 2024

Listed

December 23, 2024

Updated

Map

506 N Towne Avenue
Claremont CA, 91711

Interior Features

Total Stories

2


Interior Features

Laminate Counters, Walk-In Closet(s)


Appliances

Dishwasher, Gas Range, Refrigerator, Range Hood, Water Heater


Laundry Description

Common Area, In Carport, Laundry Room


Floor Description

Laminate, Vinyl


Fireplace

Yes


Fireplace Description

Decorative


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.27 Acres


Exterior Features

Lighting


Lot Features

Front Yard, Sprinklers In Front, Lawn, Landscaped, Level, Near Public Transit, Rectangular Lot, Sprinklers On Side, Sprinkler System, Street Level


Roof

Common Roof, Flat, Shingle, Tar/Gravel


Sewer

Public Sewer, Sewer Tap Paid

Other Property Details

Area Name

683 - Claremont


Days on Market

5


Garage

No


Parking

Assigned, Carport, One Space, On Street


Parking Total

0


View

Yes


View Description

Mountain(s), Neighborhood


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None

Listing History

Date

Event

Price

12/23/2024

Sold

$1,500,000

12/11/2024

Pending

Listing Contact: (626) 669-1088 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/23/2024. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/23/2024 at 7:11 PM UTC

 

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