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We are pleased to exclusively offer for sale this “value-add” opportunity in the highly sought after rental community of Covina. The subject property is comprised of six units: (4) 2-Bedroom / 1.5-Bath Townhouse-Style units, and (2) 1-bedroom / 1.5-bath single-story units. The unit mix provides a desirable balance of layouts for a diverse tenant base.Tenants benefit from in-unit laundry hookups, private patios, gated entry, and covered/enclosed parking. All units are individually metered for gas and electricity, keeping operating costs efficient.With over 40% upside in rental income, this asset presents a strong value-add opportunity in a supply-constrained market. Located near Downtown Covina, the property offers convenient access to local amenities, retail, and transit.
Last Updated | 4/22/2025 | Year Built | 1961 |
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Community | Covina | County | Los Angeles |
Additional Details
AIR | Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
AREA | Covina |
GARAGE | Detached Carport |
HOA DUES | 0 |
LOT | 7381 sq ft |
LOT DESCRIPTION | 0-1 Unit/Acre |
PARKING | Detached Carport |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
UTILITIES | Electricity Available,Natural Gas Available,Sewer Available,Water Available |
VIEW DESCRIPTION | None |
WATER | Public |
ZONING | CVRD2000* |
Location
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