236 E College Street

    Covina, CA 91723
    • $1,200,000
    • STATUS: Active
    • ON SITE: 13 days
    • ID#: CV19122192
    UPDATED: 60 min ago
    $1,200,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,505
      SQFT
    • $479
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:
    Area:

    School Ratings & Info

    Description

    This property offers the rare opportunity to acquire a 4-unit multifamily property in the desirable city of Covina. Nestled in a quiet, residential area of Covina, this is an investor's dream! There is a front house, a duplex, and a back house. Front house is a 2 Bed, 1 Bath with central air/heat. Duplex has two separate units, each 1 Bed, 1 Bath with wall a/c. Separate back house is a 1 Bed, 1 Bath with wall a/c. A common courtyard boasts a gorgeous garden full of beautiful plants, flowers, and a small koi pond. Recent upgrades include newer windows and roof within the last 5 years. The front house was completely renovated inside within the last 7 years. Unit 232 has refinished floors. Located close to downtown Covina, Covina Police Department, Covina Public Library, Metrolink Station, shopping, restaurants. Schools for the area are in the Covina Valley Unified School district.This property also offers the chance to purchase the lot located next door MLS#CV19122226, which is zoned commercial and additional units may be built. Buy both and the sky's the limit! Buyer to verify all information with the city.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-24T18:39:11.2. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/95743117

    236 E College Street Covina, CA 91723

    • Price: $1,200,000
    • Status: Active
    • Updated: 60 min ago
    • ID#: CV19122192
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    2,505
    SQFT
    $479
    $/SQFT
    1950
    Built
    Neighborhood:
    614 - Covina
    County:
    Los Angeles
    Area:
    614 - Covina
    Property Description
    This property offers the rare opportunity to acquire a 4-unit multifamily property in the desirable city of Covina. Nestled in a quiet, residential area of Covina, this is an investor's dream! There is a front house, a duplex, and a back house. Front house is a 2 Bed, 1 Bath with central air/heat. Duplex has two separate units, each 1 Bed, 1 Bath with wall a/c. Separate back house is a 1 Bed, 1 Bath with wall a/c. A common courtyard boasts a gorgeous garden full of beautiful plants, flowers, and a small koi pond. Recent upgrades include newer windows and roof within the last 5 years. The front house was completely renovated inside within the last 7 years. Unit 232 has refinished floors. Located close to downtown Covina, Covina Police Department, Covina Public Library, Metrolink Station, shopping, restaurants. Schools for the area are in the Covina Valley Unified School district.This property also offers the chance to purchase the lot located next door MLS#CV19122226, which is zoned commercial and additional units may be built. Buy both and the sky's the limit! Buyer to verify all information with the city.
    Exterior Features

    Garage Spaces 0.00 Lot Features GardenLandscaped Lot Size Source Assessor Lot Size Units Square Feet Parking Features Driveway Parking Total 0.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Appliances Dishwasher Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling Central AirWall/Window Unit(S)See Remarks Cooling YN Yes Fireplace Features None Fireplace YN No Heating CentralWall FurnaceSee Remarks Heating YN Yes Laundry Features Inside Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Sidewalks Country Us Elevation Units Feet Gross Income 41600.00 Gross Scheduled Income 41600.00 Insurance Expense 1200.00 Land Lease YN No Laundry YN Yes Net Operating Income 32828.00 New Construction YN No New Taxes Expense 15000.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Number Wall AC 3 Number With Dishwasher 1 Number With Disposal 4 Number With Drapes 1 Number With Range 4 Operating Expense 8772.00 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public SewerSewer Paid Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Actual Rent 3075.00 Total Expenses 8772.00 Trash Expense 1515.00 Water Sewer Expense 1810.00 Water Source Public Year Built Source Assessor Zoning Cvr3-Rd1500*

    Listing provided courtesy of Donna Dance of Royal Homes & Loans


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-24T18:39:11.2. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Heller The Home Seller | Keller Williams Realty
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    Encinitas CA, 92024