3401 Butterfield Avenue
La Verne, CA 91750
For Sale
6,300 sqft
Sale Price
$2,400,000
Brochure
Property Website
Map
Multifamily For Sale - Available September 2026
8 Units | La Verne | Two Connected Fourplexes
Well-Positioned 8-Unit La Verne Asset — Two connected fourplexes on separate parcels in the San Gabriel Valley generating a current CAP rate of 4.29% with stable in-place income.
A pro forma cap rate of 5.37% is achievable upon capturing the available 16% rental upside without major capital expenditure.
Attractive Cost Basis — $300,000 per unit and approximately $381 per square foot.
Updated Residences — Each unit features a fully equipped kitchen, wall air conditioning and heating, vertical blinds and security screen doors.
Dual-Parcel Portfolio — The combined ±15,932 square-foot lot supports ±6,300 square feet averaging 788 square feet per unit.
Ideal Unit Mix — Four 1-bedroom/1-bathroom and four 2-bedroom/ 1-bathroom units across two fourplex buildings serve a broad renter demographic.
Premium Parking & Residential Setting — Each building includes a private garage, covered carport and off-street parking within a quiet end-of-street setting with mature landscaping.
Outstanding Freeway Connectivity — Direct access to the 10, 57 and 210 Freeways places residents minutes from Pomona, Claremont and Pasadena, approximately 30 miles from Downtown Los Angeles.
Proximity to Major Employers — Minutes from University of La Verne, Cal Poly Pomona, the Claremont Colleges, Pomona Valley Hospital Medical Center and San Antonio Regional Hospital.
Metrolink & Metro Rail Access — The nearby Claremont Metrolink station on the San Bernardino Line provides direct service to Los Angeles Union Station, with the new Metro L Line (Gold Line) Foothill Extension offering additional light rail connectivity throughout the San Gabriel Valley.
Get in touch
Eric Chen
Lic: 01489184
Mikel Dominguez
Lic: 02189109
CBRE is pleased to exclusively present a well-positioned multifamily investment opportunity at 3401-3411 Butterfield Avenue in La Verne, California, offering stable in-place income in the highly desirable San Gabriel Valley submarket Comprising two adjacent fourplexes on two separate parcels, the property benefits from convenient access to the 10, 57 and 210 Freeways and is minutes from University of La Verne. At a going-in cost basis of $300,000 per unit, the property presents a current cap rate of 4.29% and a pro forma cap rate of 5.37%, reflecting 16% rental upside available to a new owner.
The two buildings sit on a combined ±15,932 square-foot lot with a total building area of ±6,300 square feet, averaging 788 square feet per unit across a mix of four 1-bedroom/1-bathroom and four 2-bedroom/1-bathroom units. Each residence features a fully equipped kitchen, wall air conditioning and heating, vertical blinds and security screen doors. Located at the end of a quiet residential street near newer homes, the buildings feature mature landscaping, one garage per property, three covered carport parking spots and ample off-street parking.
Situated approximately 30 miles east of Downtown Los Angeles, La Verne offers residents a suburban lifestyle with strong regional connectivity. The 10, 57 and 210 Freeways are all within easy reach, placing residents minutes from Pomona, Claremont and Pasadena. The nearby Claremont Metrolink station on the San Bernardino Line provides direct service to Los Angeles Union Station, and the new Metro L Line (Gold Line) Foothill Extension offers residents additional light rail connectivity throughout the San Gabriel Valley and into Downtown Los Angeles.
The San Gabriel Valley benefits from a diverse and resilient employment base anchored by University of La Verne, Cal Poly Pomona, the Claremont Colleges, Pomona Valley Hospital Medical Center and San Antonio Regional Hospital. The Bonita Unified School District, which serves more than 10,000 students across 14 schools, further supports family-oriented demand, generating consistent renter demand from educators, healthcare professionals and students throughout the submarket.
3401-3411 Butterfield Avenue is a stable income-producing asset in the San Gabriel Valley, well-positioned for long-term growth and capital appreciation. Whether you are a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value.
The two buildings sit on a combined ±15,932 square-foot lot with a total building area of ±6,300 square feet, averaging 788 square feet per unit across a mix of four 1-bedroom/1-bathroom and four 2-bedroom/1-bathroom units. Each residence features a fully equipped kitchen, wall air conditioning and heating, vertical blinds and security screen doors. Located at the end of a quiet residential street near newer homes, the buildings feature mature landscaping, one garage per property, three covered carport parking spots and ample off-street parking.
Situated approximately 30 miles east of Downtown Los Angeles, La Verne offers residents a suburban lifestyle with strong regional connectivity. The 10, 57 and 210 Freeways are all within easy reach, placing residents minutes from Pomona, Claremont and Pasadena. The nearby Claremont Metrolink station on the San Bernardino Line provides direct service to Los Angeles Union Station, and the new Metro L Line (Gold Line) Foothill Extension offers residents additional light rail connectivity throughout the San Gabriel Valley and into Downtown Los Angeles.
The San Gabriel Valley benefits from a diverse and resilient employment base anchored by University of La Verne, Cal Poly Pomona, the Claremont Colleges, Pomona Valley Hospital Medical Center and San Antonio Regional Hospital. The Bonita Unified School District, which serves more than 10,000 students across 14 schools, further supports family-oriented demand, generating consistent renter demand from educators, healthcare professionals and students throughout the submarket.
3401-3411 Butterfield Avenue is a stable income-producing asset in the San Gabriel Valley, well-positioned for long-term growth and capital appreciation. Whether you are a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value.
GEOGRAPHIC
Situated at the base of the San Gabriel Mountains, La Verne, California occupies a quiet foothill position in Los Angeles County’s San Gabriel Valley. Originally known as Lordsburg and incorporated in 1906, the city was renamed La Verne in 1917 — a nod to the Church of the Brethren college that has anchored its community life for more than a century. Its hillside setting offers sweeping views of the mountains and easy access to the trails of Marshall Canyon and the slopes of nearby Mount Baldy. Spanning approximately 8.5 square miles, La Verne sits roughly 30 miles east of Downtown Los Angeles.
GENERAL ECONOMIC OVERVIEW
The San Gabriel Valley and Los Angeles County enjoy a robust and multifaceted economy. A strong emphasis on higher education, with the University of La Verne and the Claremont Colleges as anchors, fuels innovation and cultivates a skilled workforce.
Healthcare is a major driver, with Pomona Valley Hospital Medical Center among the region’s leading institutions. Manufacturing retains a significant role, particularly in the City of Industry and the surrounding logistics corridor. Tourism thrives on the area’s natural beauty and proximity to Los Angeles. Technology and professional services are growing sectors, further diversifying the economic landscape. International trade flourishes, fueled by Pacific Rim connections and proximity to major ports. This diverse economic engine, supported by an expanding transit network connecting La Verne to employment centers across the region, positions the San Gabriel Valley for continued growth.
La Verne boasts a diverse economy anchored by education, healthcare, and professional services. The University of La Verne, founded in 1891, serves as the city’s largest employer, drawing more than 8,000 students to its historic Old Town campus and supporting surrounding retail and service businesses. A growing professional sector continues to attract employers across technology, logistics, and healthcare. Brackett Field Airport further anchors the local economy with general aviation activity and aviation-related enterprise.
RECREATION & ENTERTAINMENT
Beyond its economic strengths, La Verne and the broader San Gabriel Valley offer a wealth of recreational activities and entertainment. Outdoor enthusiasts can explore the trails of Marshall Canyon Regional Park — connecting to a broader trail network
above La Verne and Claremont — or fish and boat at nearby Frank G. Bonelli Regional Park. Equestrians flock to the Fred M. Palmer Equestrian Center, while Historic Route 66 along Foothill Boulevard draws visitors to local dining, boutique shops, and the charming Old Town district.
Situated at the base of the San Gabriel Mountains, La Verne, California occupies a quiet foothill position in Los Angeles County’s San Gabriel Valley. Originally known as Lordsburg and incorporated in 1906, the city was renamed La Verne in 1917 — a nod to the Church of the Brethren college that has anchored its community life for more than a century. Its hillside setting offers sweeping views of the mountains and easy access to the trails of Marshall Canyon and the slopes of nearby Mount Baldy. Spanning approximately 8.5 square miles, La Verne sits roughly 30 miles east of Downtown Los Angeles.
GENERAL ECONOMIC OVERVIEW
The San Gabriel Valley and Los Angeles County enjoy a robust and multifaceted economy. A strong emphasis on higher education, with the University of La Verne and the Claremont Colleges as anchors, fuels innovation and cultivates a skilled workforce.
Healthcare is a major driver, with Pomona Valley Hospital Medical Center among the region’s leading institutions. Manufacturing retains a significant role, particularly in the City of Industry and the surrounding logistics corridor. Tourism thrives on the area’s natural beauty and proximity to Los Angeles. Technology and professional services are growing sectors, further diversifying the economic landscape. International trade flourishes, fueled by Pacific Rim connections and proximity to major ports. This diverse economic engine, supported by an expanding transit network connecting La Verne to employment centers across the region, positions the San Gabriel Valley for continued growth.
La Verne boasts a diverse economy anchored by education, healthcare, and professional services. The University of La Verne, founded in 1891, serves as the city’s largest employer, drawing more than 8,000 students to its historic Old Town campus and supporting surrounding retail and service businesses. A growing professional sector continues to attract employers across technology, logistics, and healthcare. Brackett Field Airport further anchors the local economy with general aviation activity and aviation-related enterprise.
RECREATION & ENTERTAINMENT
Beyond its economic strengths, La Verne and the broader San Gabriel Valley offer a wealth of recreational activities and entertainment. Outdoor enthusiasts can explore the trails of Marshall Canyon Regional Park — connecting to a broader trail network
above La Verne and Claremont — or fish and boat at nearby Frank G. Bonelli Regional Park. Equestrians flock to the Fred M. Palmer Equestrian Center, while Historic Route 66 along Foothill Boulevard draws visitors to local dining, boutique shops, and the charming Old Town district.
Total Space Available
6,300 sqft
Sale Price
$2,400,000
Amenity
Claremont Village
Retail/Restaurants
3.9 miles
8 min.
/drive
Montclair Plaza
Retail
4 miles
10 min.
/drive
Transit/Subway
Metro San Dimas Station
3 miles
6 min.
/drive
CommuterRail
Pomona North Metrolink Station
3 miles
6 min.
/drive
Airport
Ontario International Airport
12.8 miles
19 min.
Highway
10 Freeway
4 miles
8 min.
/drive
Get in touch
Eric Chen
Lic: 01489184
Mikel Dominguez
Lic: 02189109