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1015 W Garvey Avenue N

West Covina, CA 91790
  • $13,430,000
  • STATUS: Active
  • ON SITE: 27 Days
  • ID#: TR22087882
UPDATED: 49 min ago
$13,430,000
  • 0
    BEDS
  • 1.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1959
County:

School Ratings & Info

Listing Agent(s): Grady Liu of Macroreal Inv Grp Inc. (626-898-5868) and Hao Ding of Macroreal Inv Grp Inc.(626-898-5868)


Description

We are pleased to present the rare opportunity to acquire a 46-unit multi-family investment in West Covina, California. The property is located at 1015 West Garvey Avenue North, West Covina, one of the most desirable city in Los Angeles County. Over 70 percent of the units have been upgraded or renovated. The area has an excellent demographics with an approximate $85,256 Average Household Income with a mile radius. The spacious unit mix consists of 36 one-bedroom/ one-bath units, and 10 two-bedroom/one-bath units with on-site laundry facilities and open parking spaces.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T20:33:03.473. 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 or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/128176528
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1015 W Garvey Avenue N West Covina, CA 91790

  • Price: $13,430,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 49 min ago
  • ID#: TR22087882
0
Beds
0
Baths
0
½ Baths
1.11
Acres
1959
Built
Neighborhood:
669 - West Covina
County:
Los Angeles
Area:
669 - West Covina
Property Description
We are pleased to present the rare opportunity to acquire a 46-unit multi-family investment in West Covina, California. The property is located at 1015 West Garvey Avenue North, West Covina, one of the most desirable city in Los Angeles County. Over 70 percent of the units have been upgraded or renovated. The area has an excellent demographics with an approximate $85,256 Average Household Income with a mile radius. The spacious unit mix consists of 36 one-bedroom/ one-bath units, and 10 two-bedroom/one-bath units with on-site laundry facilities and open parking spaces.
Exterior Features

Lot Features Lot Over 40000 Sqft Number Of Separate Electric Meters 47 Parking Features Assigned Parking Total 0 Pool Features CommunityFenced Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Cap Rate 4 Common Interest None Community Features UrbanPool Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 861018 Insurance Expense 0 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 Exchange Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 47 Number Of Separate Water Meters 1 Operating Expense 0 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Wcmf20-Cn*



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T20:33:03.473. 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 or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Grady Liu of Macroreal Inv Grp Inc. (626-898-5868) and Hao Ding of Macroreal Inv Grp Inc.(626-898-5868)