206 N Grandview, Covina, CA 91723
206 N Grandview, Covina, CA 91723
206 N Grandview, Covina, CA 91723
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,099,000
Est. payment /mo
7,697 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV26056663

Construction Status Turnkey

HOA Y/N No

Year Built 1959

Lot Size 7,697 Sqft

Property Sub-Type Quadruplex

Property Description

Welcome to Grandview Ave., we are proud to exclusively represent this well-kept 4-unit multifamily investment opportunity in the highly sought-after city of Covina. This property is comprised of 4 spacious 2-bedroom 1-bath units, with over 750 sqft. each. Each 2-bedroom unit offers a spacious and open floor plan. The property has a centrally located laundry room that can be used to generate additional income and increase the bottom line. Recent upgrades to the property includes granite counter tops in the kitchens an dual pane windows. The current rents are well below market rates, which could be a great upside for a savvy investor to greatly increase cash flow. The property is located in the South Hills school district providing residents kids with a great education. This area has a strong rental market with consistent demand and long-term stability. All the units are currently rented on month to month duration.

Location

State CA

County Los Angeles

Area 614 - Covina

Interior

Interior Features Granite Counters

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Tile, Wood

Fireplaces Type None

Fireplace No

Appliance Gas Range, Gas Water Heater

Laundry Common Area

Exterior

Parking Features Carport

Carport Spaces 5

Fence Chain Link, Wood

Pool None

Community Features Dog Park, Street Lights, Sidewalks, Park

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

View Y/N Yes

View Mountain(s)

Roof Type Composition,Shingle

Total Parking Spaces 7

Private Pool No

Building

Lot Description Near Park, Near Public Transit, Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 8429030003

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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Listed by Lonnie Andre RE/MAX MASTERS REALTY 626-272-8546, DRE #00989667

NEARBY SCHOOL & BUSINESS

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