204 S Bandy Avenue, West Covina, CA 91790

$1,600,000
List Price
$1,600,000
Status
ACTIVE
MLS#
CV24180732
Year Built
1959
Lot Size
7,357
Acres
0.17
Lot Location
Lawn, Yard
Days on Market
15
Property Type
Multifamily
Property Sub Type
Mixed Use
Stories
Two Levels

Property Description

Presenting an excellent investment opportunity, this two-story, 6-unit apartment building ideally situated in a prime West Covina location. There are six 2-bed, 1-bath units, featuring solar hot water, individual gas and electric meters, along with a dedicated 1-car garage and a laundry room in the complex. The property is surrounded by lush greenery, providing a serene environment for residents. Its location near Plaza West Covina, a famous bakery, cinemas, and the 10 freeway makes it an attractive choice for tenants. Potential cap rate could be 4.63%. Buyers and/or their agent to complete their own due diligence in regard to all aspects of the property, including but not limited to income, expenses, and potential rents, etc.

Additional Information

Pool Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Garage Spaces Total
6
Sewer
Unknown
Water
See Remarks
Attached Structure
Attached
Number Of Units Total
6
Gross Scheduled Income
$102,036
Operating Expense
36960

Listing courtesy of Listing Agent: THE MARK AND AL TEAM (offers@markandal.com) from Listing Office: CENTURY 21 MASTERS.

Mortgage Calculator

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Calculator source: Real Geeks

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.