2348 7th, La Verne, CA 91750
2348 7th, La Verne, CA 91750
Property Description
Rare investment opportunity in downtown La Verne, bring your vision and your contractor. This original 1908 1-bed, 1-bath sits on a 6,955 sq ft lot just blocks from downtown shops/restaurants. Home needs a full renovation and is being sold strictly AS-IS; ideal for investors, builders, or buyers seeking to maximize the lot's potential. Something to note, per a phone conversation with the City of La Verne Planning dept., property can accommodate an ADU up to 1,000 SF - Buyer to to verify independently.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 3 active · 5 closed
La Verne · Single Family Residence
Listed 5.6% above the median closed sale of $710,000. Price per sqft ($966) is a 58% premium to closed comps ($613). Closed comps sold at 101% of list — strong seller's market.
Price Position
Positioned above the market — commands a premium.
Active Properties (3)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 428 Lupine Place Place | La Verne | 1984 | 3 | 2 | 1,264 | 3,401 | $616 | $779,000 | 2 | 53 |
| 1000 Alessandro Avenue | La Verne | 1962 | 4 | 2 | 1,319 | 7,661 | $682 | $899,000 | 39 | 49 |
| 2549 College Lane | La Verne | 1964 | 3 | 2 | 1,362 | 2,016 | $492 | $670,000 | 43 | 47 |
| Total: 3 · Average | 3.3 | 2.0 | 1,315 | 4,359.333 | $596.667 | $782,666.667 | 28 | |||
| Median | 1,319 | $779,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1526 1st Street | La Verne | 1955 | 08/26/2026 | 3 | 1 | 1,048 | 5,750 | $540,000 | $535,000 | $510 | 0.99 | 32 | 68 |
| 507 Juniper Street | La Verne | 1984 | 06/23/2026 | 3 | 2 | 1,040 | 4,733 | $698,000 | $690,000 | $663 | 0.99 | 55 | 62 |
| 352 Sun Rose St. | La Verne | 1984 | 06/12/2026 | 3 | 2 | 1,040 | 4,643 | $699,000 | $750,000 | $721 | 1.07 | 30 | 62 |
| 1416 5th | La Verne | 1947 | 06/30/2026 | 3 | 2 | 1,229 | 6,269 | $695,000 | $710,000 | $578 | 1.02 | 39 | 56 |
| 895 Arbor Circle | La Verne | 1991 | 10/06/2026 | 3 | 2 | 1,328 | 5,698 | $789,000 | $790,000 | $595 | 1.00 | 26 | 52 |
| Total: 5 · Average | 3.0 | 1.8 | 1,137 | 5,418.6 | $695,000 | $695,000 | $613.4 | — | 36.4 | ||||
| Median | 1,048 | $710,000 | $710,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.