$2,000,000
$2,000,000
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8,524 Sqft Lot
SOLD DATE : 04/12/2022
Key Details
Sold Price $2,000,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID TR22030314
Sold Date 04/12/22
HOA Y/N No
Year Built 1990
Lot Size 8,524 Sqft
Property Sub-Type Apartment
Property Description
This well-maintained 4-unit condo-style apartment is located on a beautiful, tree-lined, quiet street in the heart of Covina. This is a great opportunity to add this lovely, newer-style investment property to your portfolio. Great upside for rent increase due to currently low rent status. Many upgrades made in recent years and long-term tenants. Three enclosed 2-car garages for 6 cars (Unit A, B, and D); and 1 uncovered parking (Unit C). The owner recently painted the property, Unit C is totally remodeled with new floor, new kitchen, new bathroom. This building also have new AC unit, private enclosed parking and additional parking spaces in an enclosed fenced yard. Additional income from laundry coined machines. Conveniently located to shops, banks, restaurants, super markets, malls, schools, parks, and minutes to major freeways.
Location
State CA
County Los Angeles
Area 614 - Covina
Zoning CVR3-RD1500*
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Laundry Room
Exterior
Parking Features Assigned, Garage Faces Front, Gated, Garage Faces Rear
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Curbs, Street Lights
Roof Type Tile
Total Parking Spaces 8
Private Pool No
Building
Lot Description 2-5 Units/Acre, Front Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 8444004031
Energy Description 2760.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Trade
Special Listing Condition Standard
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