$3,990,000
$3,360,000
18.8%For more information regarding the value of a property, please contact us for a free consultation.
0.73 Acres Lot
SOLD DATE : 02/18/2022
Key Details
Sold Price $3,990,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR21251232
Sold Date 02/18/22
HOA Y/N No
Year Built 1959
Lot Size 0.731 Acres
Property Description
First time on the market in over 20 years! 570 N. Hollenbeck Ave is a 14-unit multifamily property located in Covina, CA. The property was built in 1959 and features an excellent unit mix: (9) 2 bed/1 bath units and (5) 1 bed/1 bath units. Tenants enjoy the onsite pool and plentiful parking. The property is well maintained, and is close to local elementary, middle, and high schools. Located minutes from Downtown Covina, tenants benefit from easy access to local parks, grocery stores, and eateries. Given the rental upside potential, this is an excellent addition to any real estate investor's portfolio.
Location
State CA
County Los Angeles
Area 614 - Covina
Zoning CVR3-RD2000*
Interior
Fireplace No
Laundry Laundry Room
Exterior
Garage Spaces 2.0
Carport Spaces 16
Garage Description 2.0
Pool Community
Community Features Sidewalks, Pool
Total Parking Spaces 18
Private Pool No
Building
Lot Description Level
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 8431019027
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard, Trust
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Bought with Vipula Yalamanchili Positive Investments Inc
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