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Key Details
Sold Price $1,400,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 4,611 sqft
Price per Sqft $303
MLS Listing ID CRCV24180732
Sold Date 11/07/24
HOA Y/N No
Year Built 1959
Lot Size 7,357 Sqft
Acres 0.17
Property Description
Presenting an excellent investment opportunity, this two-story, 6-unit apartment building ideally situated in a prime West Covina location. There are six 2-bed, 1-bath units, featuring solar hot water, individual gas and electric meters, along with a dedicated 1-car garage and a laundry room in the complex. The property is surrounded by lush greenery, providing a serene environment for residents. Its location near Plaza West Covina, a famous bakery, cinemas, and the 10 freeway makes it an attractive choice for tenants. Potential cap rate could be 4.63%. 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.
Location
State CA
County Los Angeles
Area Listing
Zoning WCR3
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Community Facility, Laundry Room
Exterior
Utilities Available Other Water/Sewer, Water/Sewer See Remarks
Building
Lot Description Other
Water Other
New Construction No
Others
Tax ID 8476013004
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with JackyMai