$ 1,450,000
-
$1,450,000
Price -
9
Bed -
7
Bath -
4,050
SqFt
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About the Listing 53010 - C29235
First Time in the Market after almost 50 years. Original Owners. We are pleased to present this well-maintained four-unit property in the desirable community of Woodbridge in West Covina, conveniently located within a short walking distance to stores, supermarkets, restaurants, and public transportation. The amenities in this Woodbridge Community include a club house and community pool. These are the brief descriptions of the 4 units on the subject property. Unit 1: Is very spacious 3-bedroom, 1.5-bathroom unit featuring a large living room with a fireplace, a dining room, and a kitchen with ample cabinetry. This unit also offers a private enclosed patio, laminated wood floors, a powder room downstairs, an upstairs bathroom with dual sinks, and an attached two-car garage. Unit 2: This is a 2-bedroom, 1.5-bathroom unit with a living room, dining room, and a good-sized kitchen. It also has a guest powder room downstairs, a full bath upstairs, a private patio, carpet floors throughout, an attached one-car garage, and a covered carport. Unit 3: Similar in layout as Unit 2, this 2-bedroom, 1.5-bathroom unit includes an attached one-car garage and an additional uncovered parking space. Laminated wood floors. Has an enclosed backyard. Unit 4: A 2-bedroom, 1-bathroom unit featuring a living room, dining room, and a good-sized kitchen. Laminated wood floors. It also has a shared full bath with an extra sink, a balcony, a one-car garage, and an uncovered parking space. Separate meters for electricity and gas for each unit. Individual laundry hookups are located in each individual garage. Unit 3 & 4 have a newer A/C unit. See attached Rent-Roll and GRM & Cap Rate Analysis for more details. Unit 4 has been renovated in 2024. This property is a gem in a sought-after community, popular with renters, and is ideal for investors seeking a stable asset with appreciating value to add to their portfolio. Actual Cap Rate = 4.5%, Proforma Cap Rate = 6.22%.
Listing Highlights
Status
Active With Contingency
Days on Site
30
Property Type
Multi-Family
MLS ®
CV26122358
Year Built
1977
Total Square Footage
4,050
Lot/Acreage
0.24
Interior Details
- Bedrooms: 9
- Bathrooms: 7 Full
- Appliances: Free-Standing Range
- Air Cond: Central Air
- Heating: Forced Air
- Fireplaces: Living Room
- Floor: Carpet,Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Balcony,All Bedrooms Up
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 5 car
- Parking Spaces: 8
- Roof: Composition
- Others: Stucco,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Assigned,Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 8735008013
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
1741 E Nanette West Covina, CA 91792
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