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Key Details
Sold Price $2,000,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID TR22030314
Sold Date 04/12/22
Bedrooms 6
HOA Y/N No
Lot Size 8,524 Sqft
Property Description
This well-maintained 4-unit condo-style apartment is located on a beautiful, tree-lined, quiet street in the heart of Covina. This is a great opportunity to add this lovely, newer-style investment property to your portfolio. Great upside for rent increase due to currently low rent status. Many upgrades made in recent years and long-term tenants. Three enclosed 2-car garages for 6 cars (Unit A, B, and D); and 1 uncovered parking (Unit C). The owner recently painted the property, Unit C is totally remodeled with new floor, new kitchen, new bathroom. This building also have new AC unit, private enclosed parking and additional parking spaces in an enclosed fenced yard. Additional income from laundry coined machines. Conveniently located to shops, banks, restaurants, super markets, malls, schools, parks, and minutes to major freeways.
This well-maintained 4-unit condo-style apartment is located on a beautiful, tree-lined, quiet street in the heart of Covina. This is a great opportunity to add this lovely, newer-style investment property to your portfolio. Great upside for rent increase due to currently low rent status. Many upgrades made in recent years and long-term tenants. Three enclosed 2-car garages for 6 cars (Unit A, B, and D); and 1 uncovered parking (Unit C). The owner recently painted the property, Unit C is totally remodeled with new floor, new kitchen, new bathroom. This building also have new AC unit, private enclosed parking and additional parking spaces in an enclosed fenced yard. Additional income from laundry coined machines. Conveniently located to shops, banks, restaurants, super markets, malls, schools, parks, and minutes to major freeways.
Location
State CA
County Los Angeles
Area Covina (91723)
Zoning Assessor
Interior
Cooling Central Forced Air
Exterior
Parking Features Unit1:Assigned
Roof Type Tile/Clay
Building
Lot Description Curbs
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Space Rent $2,039
Financing Exchange
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Bought with Linh Tran • Meridox Real Estate
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