2323 E Garvey Avenue N, West Covina, CA 91791
- $1,850,000
- List Price
- $1,850,000
- Status
- ACTIVE
- MLS#
- SW26150430
- Year Built
- 1981
- Lot Size
- 12,079
- Acres
- 0.28
- Lot Location
- Corner Lot, Landscaped, Paved
- Days on Market
- 17
- Property Type
- Commercial
- Property Sub Type
- Multi Family
Property Description
Excellent investment opportunity in the heart of West Covina. This well maintained five unit apartment building sits on a generous 12,079 square foot lot and offers a total of 5,310 square feet of living space. The property features an attractive unit mix of four 2 bedroom, 1 bathroom units and one spacious 3 bedroom, 2.5 bathroom unit, providing strong rental appeal for a variety of tenants. Many of the units have been updated with recessed lighting and newer cabinetry, while the spacious three bedroom unit also features central air conditioning. The building has been upgraded with PEX plumbing and includes a 200 gallon water heater with a hot water recirculation system to improve efficiency and tenant comfort. Parking is a valuable feature with three garages on the property. The larger unit includes a two car garage, while each of the remaining four units has a garage space plus an additional assigned outdoor parking space. Conveniently located near shopping, restaurants, schools, parks, and major freeways, this property offers both accessibility and strong long term rental appeal. Whether you are looking to expand your investment portfolio or acquire a well maintained multifamily property in a desirable location, this is an opportunity you won’t want to miss.
Additional Information
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Central Air, Wall/Window Unit(s)
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $123,000
- Operating Expense
- 12000
Listing courtesy of Listing Agent: Vanessa Bradford (homes@vanessabradford.com) from Listing Office: Link Brokerages.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.