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$ 1,650,000
Est. payment | /mo
8 Beds
8 Baths
$ 1,650,000
Est. payment | /mo
8 Beds
8 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25088048
Bedrooms 8
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to exclusively offer for sale this value-add opportunity in the highly sought after rental community of Covina. The subject property is comprised of six units: (4) 2-Bedroom / 1.5-Bath Townhouse-Style units, and (2) 1-bedroom / 1.5-bath single-story units. The unit mix provides a desirable balance of layouts for a diverse tenant base. Tenants benefit from in-unit laundry hookups, private patios, gated entry, and covered/enclosed parking. All units are individually metered for gas and electricity, keeping operating costs efficient. With over 40% upside in rental income, this asset presents a strong value-add opportunity in a supply-constrained market. Located near Downtown Covina, the property offers convenient access to local amenities, retail, and transit.
Location
State CA
County Los Angeles
Zoning Assessor
Direction North of Badillo St, East of Branca Ave
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 8429032009
Listed by Kristopher German RE/MAX 2000 REALTY