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.
Mls | CV24179404 |
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Listing Type | For Sale |
Style | Mixed Use |
Subtype | Resale |
Status | Pending |
Year | 1960 |
Days On Site | 99 |
Listing Provided By | CENTURY 21 MASTERS 800-463-0977 | THE MARK AND AL TEAM |
Sq Feet | 22,428 |
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Garage | 28 |
Pool | Yes |
Storys | 2 |
Units | 28 |
Buildings | 1 |
Zoning | WCR3-MF45* |
Acreage | 0.77 |
Property View | None |
State | CA |
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County | Los Angeles |
City | West Covina |
Zip Code | 91791 |
Area | 669 West Covina |
Listing VS Median (in 91791) | |
Price: $6,950,000 low | high Med: $928,000 SqFt: 22,428 low | high Med: 1,826 $ / SqFt: $310 low | high Med: $508 On Site: 99 low | high Med: 6.000000 |