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Listed by Kristopher German • RE/MAX 2000 REALTY
$1,650,000
Est. payment /mo
5,348 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,348 sqft
Price per Sqft $308
MLS Listing ID CRCV25088048
HOA Y/N No
Year Built 1961
Lot Size 7,381 Sqft
Property Sub-Type Other
Source Datashare California Regional
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
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Inside
Exterior
View None
Building
Water Public
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