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Listed by Kristopher German • RE/MAX 2000 REALTY
$ 1,525,000
Est. payment | /mo
4,842 SqFt
$ 1,525,000
Est. payment | /mo
4,842 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,842 sqft
Price per Sqft $314
MLS Listing ID CRCV25081553
HOA Y/N No
Year Built 1961
Lot Size 9,315 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
We are pleased to exclusively offer for sale this 5 Unit “value-add†opportunity in the city of Covina. Comprised of 100% Two-Story Townhouse style units, the unit mix consists of: (1) 3-Bedroom / 1.5-Bath Townhouse & (4) 2-Bedroom / 1.5-bath Townhouse style units. Each unit is approximately 1,000 sqft., providing spacious layouts well-suited for stable, long-term tenancy. Tenants benefit from gated entry, covered enclosed parking, private patios, and access to an on-site laundry facility. All units are individually metered for gas and electricity, allowing for efficient utility management. With 50% upside in rental income, a prime rental location, and desirable unit mix, this property offers an ideal value-add opportunity. Ideally located in a private cul-de-sac just minutes from Downtown Covina, the subject property offers access to restaurants, shopping, and nightlife
Location
State CA
County Los Angeles
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Other
Exterior
View None
Building
Water Public

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Ray Marquez
Broker-Associate | Lic# CA DRE#01800314 AZ# BR70577800