For Sale
$1,400,000

2122 E StLa Verne, CA 91750

Prime Downtown La Verne location, high-density mixed-use.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 5,300 sq ft lot in downtown La Verne, CA presents a remarkable development opportunity. Located on high-traffic E Street, this property boasts a prime location near the University of La Verne (approximately 6,000 students) and La Verne's new light rail station (opening December 2024), part of the L.A. Metro A Line's eastern expansion. Currently zoned for mixed-use, high-density development, including restaurants, the property allows for a two-story structure up to 8,000 sq ft, with four rear parking spaces accessible via an alley. The lot's 130-foot depth provides excellent visibility and access from E Street, a heavily traveled thoroughfare. Adjacent metered parking provides additional convenience. The asking price is $1,400,000, with a triple net lease structure and rent bumps. This vacant lot offers significant potential for a variety of commercial uses, including retail, restaurants, or professional offices, making it an ideal investment in a thriving, growing community. The APN is 8377-021-018. The lot size is 5.227 acres.

Highlights

  • High-traffic E Street frontage in downtown La Verne.
  • Excellent location near La Verne's new train station and the University of La Verne.
  • Adjacent metered short-term parking lot.
  • Flexible zoning allows for a two-story building.
  • 130-foot deep lot with convenient side alley access.
  • Mixed-use, high-density zoning suitable for restaurant, retail, or professional office uses.

Property Details for 2122 E St

Property type
Retail properties
Square Feet
5,300 SF
Lot Size (sq. ft)
227,688,120 SF

Location Insight

City
La Verne
County
Los Angeles
State
California
Latitude
34.0983846
Longitude
-117.7686951
2122 E St, La Verne, California

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2122 E St
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