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$1,850,000
SW26150159 MLS ⋅ Active Status
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.

2323 E Garvey Avenue N, West Covina
$2,770,000
WS26058434 MLS ⋅ Active Status
Presenting a prime 11-unit multifamily asset located at 149 South Bandy Avenue in the heart of West Covina, California. This garden-style community, originally constructed in 1961, sits on a spacious 10,710-square-foot lot with approximately 8,026 rentable square feet. The property features a highly desirable unit mix consisting of six one-bedroom/one-bathroom units, four two-bedroom/one-bathroom units, and a unique three-bedroom/two-bathroom cottage. To the benefit of ownership, all units are individually metered for gas and electricity. The asset has been meticulously maintained with several units modernized with contemporary flooring, new kitchen cabinetry, and granite countertops. Residents enjoy essential amenities such as an on-site laundry facility, wall air-conditioning, and 11 dedicated parking spaces supplemented by ample street parking. Additionally, the property includes a private storage room specifically for the owner's use, providing a convenient space for maintenance supplies or equipment. Situated within walking distance of Plaza West Covina and Edwards Theatre, the property is perfectly positioned to benefit from the area’s premier retail and entertainment offerings. The location offers exceptional regional access, situated just 0.6 miles from the Interstate 10 Vincent Avenue exit and 3.4 miles from the Covina Metrolink Station. The property also serves a diverse tenant base due to its proximity to West Covina High School, Mt. San Antonio College, and Cal Poly Pomona. This investment offering represents a rare opportunity to acquire a stabilized asset in one of the San Gabriel Valley’s strongest rental markets, providing a sophisticated investor with both immediate cash flow and significant long-term appreciation potential.

149 S Bandy Avenue, West Covina

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.