Est. cap rate

3.3%

Assumed rent, all units

$13,040/mo

Units

4

Price per unit

$600,000

Est. annual NOI

$78,240

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Quadruplex

Bedrooms

8

Building size

6,300 sqft

Lot size

15,932 sqft

Year built

1971

Stories

2

Garage spaces

2

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

1

MLS #

247271691

About this property

We are pleased to exclusively present a well-positioned multifamily investment opportunity at 3401-3411 Butterfield Avenue in La Verne, California, offering stable in-place income in the highly desirable San Gabriel Valley submarket Comprising two adjacent fourplexes on two separate parcels, the property benefits from convenient access to the 10, 57 and 210 Freeways and is minutes from University of La Verne. The two buildings sit on a combined ±15,932 square-foot lot with a total building area of ±6,300 square feet, averaging 788 square feet per unit across a mix of four 1-bedroom/1-bathroom and four 2-bedroom/1-bathroom units. Each residence features a fully equipped kitchen, wall air conditioning and heating, vertical blinds and security screen doors. Located at the end of a quiet residential street near newer homes, the buildings feature mature landscaping, one garage per property, three covered carport parking spots and ample off-street parking. Situated approximately 30 miles east of Downtown Los Angeles, La Verne offers residents a suburban lifestyle with strong regional connectivity. The 10, 57 and 210 Freeways are all within easy reach, placing residents minutes from Pomona, Claremont and Pasadena. The nearby Claremont Metrolink station on the San Bernardino Line provides direct service to Los Angeles Union Station, and the new Metro L Line (Gold Line) Foothill Extension offers residents additional light rail connectivity throughout the San Gabriel Valley and into Downtown Los Angeles. The San Gabriel Valley benefits from a diverse and resilient employment base anchored by University of La Verne, Cal Poly Pomona, the Claremont Colleges, Pomona Valley Hospital Medical Center and San Antonio Regional Hospital. The Bonita Unified School District, which serves more than 10,000 students across 14 schools, further supports family-oriented demand, generating consistent renter demand from educators, healthcare professionals and students throughout the submarket. 3401-3411 Butterfield Avenue is a stable income-producing asset in the San Gabriel Valley, well-positioned for long-term growth and capital appreciation. Whether you are a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value.

Location

-3411 Butterfield Avenue

La Verne, Los Angeles, CA, 91750