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Listing Details

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School Ratings & Info

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). Conveniently located to shops, banks, restaurants, super markets, malls, schools, parks, and minutes to major freeways.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T10:28:50.73. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
www.searchwithcompass.com/homes/119519944
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415 W Center Street Covina, CA 91723

  • Price: $2,100,000
  • Status: Active
  • Updated: 25 min ago
  • ID#: TR21159349
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1990
Built
Neighborhood:
614 - Covina
County:
Los Angeles
Area:
614 - Covina
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). Conveniently located to shops, banks, restaurants, super markets, malls, schools, parks, and minutes to major freeways.
Exterior Features

Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 5 Open Parking Spaces 3 Parking Total 9 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsSidewalks Contingency Contact Listing Agent At 626-437-3219 For Any Questions. Electric Expense 420 Fuel Expense 2760 Garage YN Yes Gross Income 78564 Gross Scheduled Income 79284 Insurance Expense 1844 Land Lease YN No Laundry Features Laundry Room Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 70864 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 8420 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 9733 Trash Expense 1716 Water Sewer Expense 1680 Water Source Public Zoning Cvr3-Rd1500*

Listing provided courtesy of Brandon Lutran of Re/Max Champions


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T10:28:50.73. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
 
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Brandon Hobbs Group | Compass
341 Bayside Drive
Newport Beach CA, 92660