This well-maintained two-story apartment building presents an excellent investment opportunity in a highly sought-after market. Comprising 28 units, including twenty-four 2-bed, 1-bath units, three 1-bed, 1-bath units, and one studio. Key features include a separate community laundry room and a gated in-ground pool centrally located in the courtyard, providing a serene escape for residents. The property is secured with a gated entrance, ensuring peace of mind for tenants. Additionally, there are 28 garages with storage, plus 4 extra parking spaces currently being rented, adding to the income potential. The building is efficiently managed with 29 electric meters, 29 gas meters, and 1 water meter. Positioned on a beautiful tree-lined street and the 10 Freeway, this property is an enticing option for investors looking to expand their portfolio in a desirable and thriving area. Buyers and/or their agent to complete their own due diligence in regard to all aspects of the property, including but not limited to income, expenses, and potential rents, etc.
|
DAYS ON MARKET
|
82
|
LAST UPDATED
|
10/2/2024
|
|
YEAR BUILT
|
1960
|
COMMUNITY
|
West Covina
|
|
GARAGE SPACES
|
28.0
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
Prior to Oct 2, '24
|
$7,950,000
|
| Oct 2, '24 - Today |
$6,950,000 |
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| AREA |
West Covina |
| GARAGE |
Assigned, Community Structure, Garage, One Space, Yes |
| HEAT |
Wall Furnace |
| HOA DUES |
0 |
| LOT |
0.77 acre(s) |
| LOT DESCRIPTION |
26-30 Units/Acre |
| PARKING |
Assigned,Garage,One Space,Community Structure |
| POOL |
Yes |
| POOL DESCRIPTION |
Community,In Ground |
| SEWER |
Unknown |
| STORIES |
2 |
| VIEW DESCRIPTION |
None |
| WATER |
See Remarks |
| ZONING |
WCR3-MF45* |
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Listed with CENTURY 21 MASTERS
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/25/24 9:35 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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