For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,400,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV24180732
Year Built 1959
Lot Size 7,357 Sqft
Property Description
Presenting an excellent investment opportunity, this two-story, 6-unit apartment building ideally situated in a prime West Covina location. There are six 2-bed, 1-bath units, featuring solar hot water, individual gas and electric meters, along with a dedicated 1-car garage and a laundry room in the complex. The property is surrounded by lush greenery, providing a serene environment for residents. Its location near Plaza West Covina, a famous bakery, cinemas, and the 10 freeway makes it an attractive choice for tenants. Potential cap rate could be 4.63%. 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.
Location
State CA
County Los Angeles
Area 669 - West Covina
Zoning WCR3-MF20*
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry Common Area, Laundry Room
Exterior
Parking Features Assigned, Garage
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Street Lights, Sidewalks
Building
Lot Description Lawn, Yard
Story 2
Sewer Unknown
Water See Remarks
New Construction No
Others
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Trust
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with JACKY MAI • Your Home Sold Guaranteed Rlty