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We are pleased to exclusively offer for sale this 5 Unit “value-add” opportunity in the city of Covina. Comprised of 100% Two-Story Townhouse style units, the unit mix consists of: (1) 3-Bedroom / 1.5-Bath Townhouse & (4) 2-Bedroom / 1.5-bath Townhouse style units. Each unit is approximately 1,000 sqft., providing spacious layouts well-suited for stable, long-term tenancy.Tenants benefit from gated entry, covered enclosed parking, private patios, and access to an on-site laundry facility. All units are individually metered for gas and electricity, allowing for efficient utility management.With 50% upside in rental income, a prime rental location, and desirable unit mix, this property offers an ideal value-add opportunity. Ideally located in a private cul-de-sac just minutes from Downtown Covina, the subject property offers access to restaurants, shopping, and nightlife
Property Type(s):
Residential Income
| Last Updated | 4/14/2025 | Year Built | 1961 |
|---|---|---|---|
| Community | Covina | Garage Spaces | 6.0 |
| County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Covina |
| GARAGE | Garage, Garage Faces Rear, Yes |
| HOA DUES | 0 |
| LOT | 9315 sq ft |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| PARKING | Garage,Garage Faces Rear |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| UTILITIES | Electricity Available,Natural Gas Available,Sewer Available,Water Available |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | CVR3-RD1500* |
Location
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Listed with RE/MAX 2000 REALTY
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