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
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49366125
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Shingle
- Fireplace: None
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1961
- Building Area Total: 4,842
- Roof: Shingle
Pool Features
- None
Laundry Features
- Common Area
Fencing
- Brick,Wood
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2138
- Lot Size Source: Assessor
- Lot Size Square Feet: 9315
-
Listing Information
Listing Price Information
- Original List Price: 1,525,000
- Listing Contract Date: 2025-04-14
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 8451003030
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Garage,Garage Faces Rear
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 614 - Covina
- Postal Code Plus 4: 3522
- Directions: Just south of Rowland St between Barranca Ave and Citrus Ave
- Zoning: CVR3-RD1500*
- Source Property Type: Residential Income
- Area: 614 - Covina
- Property SubType: Apartment
Building and Construction
- Property Age: 64
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 04/26/2025 @ 14:46
- MLS: CV25081553
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 4,842 sqft, 9,315 sized lot, and 6 parking. are nearby neighborhoods.