1113 Yale Avenue Claremont, CA $ 2,199,000
1113 Yale Avenue
$ 2,199,000
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1113 Yale Avenue

Claremont, CA, 91711
$ 2,199,000
Bedrooms9 Baths5.0 Sq 3,494

Monthly Estimate*

$ 14,615

Listed by Marcus & Millichap RE Invest
1113 Yale Avenue, Claremont, CA 91711 - Image 1
1113 Yale Avenue, Claremont, CA 91711 - Image 2
1113 Yale Avenue, Claremont, CA 91711 - Image 3
1113 Yale Avenue, Claremont, CA 91711 - Image 4
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1113 Yale Avenue, Claremont, CA 91711 - Image 7
1113 Yale Avenue, Claremont, CA 91711 - Image 8
1113 Yale Avenue, Claremont, CA 91711 - Image 9

Multi-Family Home for sale in Claremont, CA

for $2,199,000 with 9 bedrooms and 5 full baths. This 3,494 square foot home was built in 2017 on a lot size of 0.3057.

Rare, City of Claremont, investment opportunity consisting of three separate, individual homes on one large 13,317 square foot lot. Located at 1113, 1115, 1117 N. Yale Avenue, the unit mix is comprised of (1) four bedroom/ two bath house, (1) three bedroom/ two bath house, and (1) two bedroom/ one bath house. Each home has its own individual access and private yard, along with additional space for relaxing and entertaining guests. All buildings are separately metered for water, gas, and electricity. There is ample parking on the lengthy driveway with an additional three-car garage and driveway parking in the rear. Located within walking distance (three blocks) from The Claremont Colleges, “a unique consortium of seven affiliated institutions that also includes Claremont Graduate University, Scripps College, Claremont McKenna College, Harvey Mudd College, Pitzer College, and Keck Graduate Institute of Applied Life Sciences.” Claremont is known for its many educational institutions, its tree-lined streets, and its historic buildings. The city is primarily residential, with a significant portion of its commercial activity revolving around “The Village”, a popular collection of street-front small stores, boutiques, art galleries, offices, and restaurants adjacent to and west of the Claremont Colleges.

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Multi-Family Active

Price

$ 2,199,000

Bedrooms

9

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Triplex

Lot Size

0.3057

Year Built

2017

Town/City

Claremont

County/Region

Los Angeles

MLS | Web ID

OC24027732

Days on Market

124

Features
General
Sewer PublicSewer
Zoning CLHC*
Garage Spaces 2.0
Pool Features None
Year Built 2017
Levels MultiSplit
Property SubType Triplex
Gross Income 100200.0
Community Features StormDrains StreetLights Sidewalks
County Los Angeles
Net Operating Income 65812.0
Operating Expense 34388.0
Insurance Expense 2500.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Please do not disturb tenants. Make all offers subject to inspection.
City Claremont
Entry Location Ground
View Y/N N
Senior Community Y/N N
Open Parking Spaces 2.0
NumberOfUnitsTotal 3
MLS Area 683 - Claremont
Lot Size Units SquareFeet
Lot Size Square Feet 13317.0
Private Pool N
Waterfront Y/N N
Carport Spaces 2.0
Carport Y/N Y
Street Name Yale
Listing Terms Cash CashtoNewLoan Item1031Exchange OwnerWillCarry
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 1000.0
Water Sewer Expense 1000.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 70
Building Area Units SquareFeet
Standard Status Active
Year Built Source SeeRemarks
Tax Lot 3
Property Sub Type Additional Triplex
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Exterior
Lot Features FrontYard NearPublicTransit
Water Source Public
Total Parking 6.0
Lot Size Area 13317.0
Number of Buildings 3
Spa N
Building Area Total 3494.0
Street Suffix Avenue
Lot Size Acres 0.3057
Lot Size Source PublicRecords
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Laundry Features SeeRemarks
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 1113
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* Excluded Features
List By
Marcus & Millichap Re Invest

Broker

(949) 419-3200

Phone

Affordability Calculator

$14,615
Per Month
100%
0%
0%
Monthly Principal & Interest
$14,615
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/18/2024$2,199,000 -6.23% Price Down
3/6/2024$2,345,000 -2.09% Price Down
2/8/2024$2,395,000 Listed Price

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1113 Yale Avenue, Claremont, CA, 91711 is a Multi-Family Home for sale at $2,199,000 with 3,494 sqft and a lot size of 0.3057. 1113 Yale Avenue has 9 bedrooms, 5.0 baths, and was built in 2017. The property's zip code is 91711 which is in Claremont, CA