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250 Olive Street, Claremont, CA 91711
Priced at Only: $2,250,000
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Address: 250 Olive Street, Claremont, CA 91711
Property Location and Similar Properties
- MLS#: TR26030289 ( Multi Family )
- Street Address: 250 Olive Street
- Viewed: 2
- Price: $2,250,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1947
- Bldg sqft: 0
- Days On Market: 35
- Additional Information
- County: LOS ANGELES
- City: Claremont
- Zipcode: 91711
- Provided by: Circle Real Estate
- Contact: Peter Peter

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DescriptionThis six unit apartment building offers exceptional upside potential, with the City of Claremont indicating that up to eight additional units may be possible to build on the property (buyer to verify). The property features a recently painted exterior, enhancing its curb appeal. Two of the units have been freshly renovated, with one currently vacant. The unit mix includes four 1 bedroom/1 bath units and two 2 bedroom/1 bath units. The building is separately metered for gas and electricity, providing convenience for tenants and efficient management for ownership. Additionally, there are 7 detached garages on the property, offering extra income potential or convenient storage options for tenants. Ideally located just three blocks from the Claremont Collegesa prestigious consortium that includes Claremont Graduate University, Scripps College, Claremont McKenna College, Harvey Mudd College, Pitzer College, and Keck Graduate Institutethis property benefits from strong rental demand. Claremont is renowned for its highly regarded educational institutions, tree lined streets, and historic architecture. The city is primarily residential, with vibrant commercial activity centered around The Village, a popular destination featuring charming street front shops, boutiques, art galleries, offices, and restaurants adjacent to and west of the Claremont Colleges.
Features
Accountingtype
- Actual
Assetclass
- Multi-Family
Building Area Total
- 3536.00
Carport Spaces
- 7.00
Commoninterest
- Condominium
Cooling
- Wall/Window Unit(s)
Country
- US
Current Financing
- Conventional
Electric
- Electricity - On Property
Heating
- See Remarks
Land Use
- Multi-Family
Laundry Features
- None
Laundry Income
- 0.00
Parcel Number
- 8313026030
Property Type
- Multi Family
Uncovered Spaces
- 11.00
Utilities
- Cable Available
- Electricity Available
- Natural Gas Available
- Phone Available
- Sewer Available
- Water Available
Water Source
- Public
Year Built
- 1947
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com


















