250 Olive St

Claremont, CA 91711
  • $1,850,000

    Price
  • 8

    Bed
  • 6

    Bath
  • 3,536

    SqFt

About the Listing PB22567 - TRAGUIPET,TRHERMERI

This 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. Three of the units have been freshly renovated, with one currently vacant undergoing a remodel. 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 Colleges—a prestigious consortium that includes Claremont Graduate University, Scripps College, Claremont McKenna College, Harvey Mudd College, Pitzer College, and Keck Graduate Institute—this 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.

Listing Highlights

Status Active
Days on Site 50
Property Type Multi-Family
MLS ® TR26031614
Year Built 1947
Total Square Footage 3,536
Lot/Acreage 0.63

Interior Details

  • Bedrooms: 8
  • Bathrooms: 6 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: 6-10 Units/Acre,No Land Lease
  • Garage Capacity: 7 car
  • Parking Spaces: 7
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Assigned,Garage,Private

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 8313026030
  • Tax Year: N/A

Payment Calculator

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Questions About..

250 Olive St Claremont, CA 91711

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Originating MLS: CRMLS

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