631 Harvard Avenue

    Claremont, CA 91711
    • $1,400,000
    • STATUS: Active
    • ON SITE: 3 days
    • ID#: IV19027124
    New On Site 3 Days Ago
    UPDATED: 61 min ago
    $1,400,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,286
      SQFT
    • $327
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    Rare investment opportunity to own a well maintained triplex in the City of Claremont, located in the famous Claremont Village, a popular collection of street-front small stores, boutiques, art galleries, offices, and restaurants! The property is within walking distance to all Claremont Colleges, shopping, and wonderful dining venues. The units are 100% occupied with well paying tenants, and consist of (3) three - two bedroom, two bathroom apartments, with covered parking and outside storage. Also included is an on-site, income producing laundry room. Each unit is separately metered for utilities. The two downstairs apartments enjoy private patios, while the one upstairs apartment has a wonderful, screened-in sun room with a view of the neighborhood. Buyer to cooperate with a 1031 exchange at no cost to buyer.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-17T18:30:02.89. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/91810231

    631 Harvard Avenue Claremont, CA 91711

    • Price: $1,400,000
    • Status: Active
    • Updated: 61 min ago
    • ID#: IV19027124
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    4,286
    SQFT
    $327
    $/SQFT
    1964
    Built
    Neighborhood:
    683 - Claremont
    County:
    Los Angeles
    Area:
    683 - Claremont
    Property Description
    Rare investment opportunity to own a well maintained triplex in the City of Claremont, located in the famous Claremont Village, a popular collection of street-front small stores, boutiques, art galleries, offices, and restaurants! The property is within walking distance to all Claremont Colleges, shopping, and wonderful dining venues. The units are 100% occupied with well paying tenants, and consist of (3) three - two bedroom, two bathroom apartments, with covered parking and outside storage. Also included is an on-site, income producing laundry room. Each unit is separately metered for utilities. The two downstairs apartments enjoy private patios, while the one upstairs apartment has a wonderful, screened-in sun room with a view of the neighborhood. Buyer to cooperate with a 1031 exchange at no cost to buyer.
    Exterior Features

    Carport Spaces 3.00 Garage Spaces 0.00 Lot Features 2-5 Units/AcreLandscapedNear Public Transit Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 3.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Spa Features None Spa YN No View None View YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 1428 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Central Cooling YN Yes Fireplace Features None Fireplace YN No Heating Forced Air Heating YN Yes Interior Features Unfurnished Laundry Features See Remarks

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Suburban Country Us Electric Expense 660.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 1440.00 Gross Income 885.00 Gross Operating Income 68340.00 Gross Scheduled Income 68340.00 Insurance Expense 1616.00 Land Lease YN No Laundry Equipment Own Lease Own Laundry Income 885.00 Laundry YN Yes Net Operating Income 57177.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 0 Number Of Units Leased 3 Operating Expense 11163.00 Professional Management Expense 5467.00 Property Sub Type Triplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 68340.00 Total Expenses 11163.00 Trash Expense 780.00 Utilities Electricity ConnectedNatural Gas ConnectedWater Connected Vacancy Allowance 0 Water Sewer Expense 1200.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Cordell Mcdonald of Wsr Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-17T18:30:02.89. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Heller The Home Seller
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    Encinitas CA, 92024