Claremont, CA 91711 1113 Yale Avenue

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Presented By: Greg Bassirpou with Marcus & Millichap RE Invest; 714-608-3255
  • MLS# OC24027732
  • 02/08/2024
  • Request Tour
  • Request Info
  • BedBeds • 9
  • BathBaths • 5
  • FootageSQFT • 3,494
  • GarageGarage • 2

Home Details

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.
Presented By: Greg Bassirpou with Marcus & Millichap RE Invest; 714-608-3255

Interior Features for 1113 Yale Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesSeeRemarks
Street SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 1113 Yale Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces2.0
Carport Y/NYes
CityClaremont
Community FeaturesStormDrains, StreetLights, Sidewalks
CountyLos Angeles
Days on Market70
DirectionsPlease do not disturb tenants. Make all offers subject to inspection.
Electric Expense0.0
Entry LocationGround
Fuel Expense0.0
Garage Spaces2.0
Garage Y/NYes
Gross Income100200.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense2500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Listing TermsCash, CashtoNewLoan, Item1031Exchange, OwnerWillCarry
Lot Size Square Feet13317.0
MLS Area683 - Claremont
MobileHomeRemainsYNNo
Net Operating Income65812.0
New ConstructionNo
Open Parking Spaces2.0
Operating Expense34388.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameYale
Tax Lot3
Total Units3
Trash Expense1000.0
View Y/NNo
Water Sewer Expense1000.0
Waterfront Y/NNo
Year Built2017
Year Built SourceSeeRemarks
ZoningCLHC*

Exterior for 1113 Yale Avenue

Building Area Total3494.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesFrontYard, NearPublicTransit
Lot Size Acres0.3057
Lot Size Area13317.0
Lot Size SourcePublicRecords
Lot Size UnitsSquareFeet
Number of Buildings3
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking6.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,199,000
MLS#OC24027732
List Date 02/08/2024
Property Type Multi-Family
Phone 714.964.3311
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