For Sale
$1,800,000

2055 White AveLa Verne, CA 91750

Prime La Verne location, redevelopment potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional redevelopment opportunity presents two adjacent parcels totaling 14,042 square feet (0.21 acres) at 2055 N White Ave and 2464 1st St, La Verne, CA 91750. The property, currently improved with a 468 square foot convenience store built in 1965, offers significant potential for a variety of commercial, retail, or mixed-use developments. The site boasts 100% occupancy and is listed at $1,800,000. Its location on a highly visible and well-traveled thoroughfare provides convenient access to the 210 and 57 freeways, attracting both local and regional traffic. The property's proximity to the University of La Verne, Brackett Field Airport, In-N-Out Burger, and the NHRA Motorsports Museum further enhances its appeal and potential for increased foot traffic. The zoning, LVPID, allows for a range of commercial uses. This is a 1031 exchange eligible property with APN numbers 8377-027-019 and 8377-027-030. Don't miss this chance to capitalize on the growth and desirability of this prime La Verne location. The existing structure provides immediate income while redevelopment plans are underway. This is a rare opportunity to acquire a well-positioned property in a thriving area.

Highlights

  • 14,042 SF (0.21 acres) redevelopment opportunity in La Verne, CA, comprising two adjacent parcels at 2055 N White Ave and 2464 1st St.
  • Currently improved with a 468 SF convenience store (100% occupied), listed at $1,800,000.
  • High-visibility location with convenient freeway access (210 & 57 freeways) and proximity to University of La Verne and other amenities.
  • LVPID zoning allows for various commercial uses; 1031 exchange eligible (APN 8377-027-019 & 8377-027-030).
  • Existing structure provides immediate income.

Property Details for 2055 White Ave

Property type
Specialty properties, Retail properties
Square Feet
14,042 SF
Year Built
1965
Buildings
1

Location Insight

City
La Verne
County
Los Angeles
State
California
Latitude
34.0965378
Longitude
-117.7639788
2055 White Ave, La Verne, California

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2055 White Ave
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