449 , 447, 448 Arrow Highway, Claremont, CA 91711

$1,250,000

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List Price
$1,250,000
Status
ACTIVE
MLS#
CV26164064
Year Built
1940
Lot Size
8,270
Acres
0.19
Lot Location
2-5 Units/Acre
Days on Market
1
Property Type
Multifamily
Property Sub Type
Triplex
Stories
One Level

Property Description

Unique multi-unit opportunity in Claremont featuring three separate residential units with existing rental potential and room for future improvement. * Unit 1 - 2-bedroom, 1-bathroom * Unit 2 - studio includes a private bathroom * Unit 3 -1-bedroom, 1-bathroom. This combination allows an investor to maintain existing income while gradually enhancing the property and increasing its long-term value. Located within Claremont’s Village South Specific Plan area, the property may provide additional possibilities for future residential, commercial, office, or mixed-use development, subject to City approval and applicable zoning requirements. Conveniently situated near Claremont Village, the Claremont Colleges, shopping, dining, and transportation, this property offers an appealing opportunity for an investor, developer, or buyer seeking a versatile income-producing asset in a desirable Claremont location. Buyer to independently verify permits, unit configuration, square footage, zoning, allowable uses, and development potential with the City of Claremont.

Additional Information

Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
None
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Interior Features
Unfurnished, All Bedrooms Down
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$71,666
Operating Expense
5373

Listing courtesy of Listing Agent: Lisa Di Noto (lisa4myagent@gmail.com) from Listing Office: NEW HARVEST REALTY.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.