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206 Grandview, Covina, CA 91723
Priced at Only: $1,199,000
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Address: 206 Grandview, Covina, CA 91723
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  • MLS#: CV26056663 ( Quadruplex )
  • Street Address: 206 Grandview
  • Viewed: 8
  • Price: $1,199,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1959
  • Bldg sqft: 0
  • Days On Market: 26
  • Additional Information
  • County: LOS ANGELES
  • City: Covina
  • Zipcode: 91723
  • Provided by: RE/MAX MASTERS REALTY
  • Contact: Lonnie Lonnie
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Welcome to Grandview Ave., we are proud to exclusively represent this well kept 4 unit multifamily investment opportunity in the highly sought after city of Covina. This property is comprised of 4 spacious 2 bedroom 1 bath units, with over 750 sqft. each. Each 2 bedroom unit offers a spacious and open floor plan. The property has a centrally located laundry room that can be used to generate additional income and increase the bottom line. Recent upgrades to the property includes granite counter tops in the kitchens an dual pane windows. The current rents are well below market rates, which could be a great upside for a savvy investor to greatly increase cash flow. The property is located in the South Hills school district providing residents kids with a great education. This area has a strong rental market with consistent demand and long term stability
Features
Appliances
  1. Gas Water Heater
  2. Gas Range
Assessments
  1. Unknown
Association Fee
  1. 0.00
Building Area Total
  1. 3072.00
Carport Spaces
  1. 5.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Construction Materials
  1. Stucco
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Days On Market
  1. 17
Electric Expense
  1. 897.00
Fencing
  1. Chain Link
  2. Wood
Fireplace Features
  1. None
Flooring
  1. Tile
  2. Wood
Fuel Expense
  1. 0.00
Garage Rental Rate
  1. 0.00
Garage Spaces
  1. 0.00
Gardner Expense
  1. 4230.00
Heating
  1. Wall Furnace
Insurance Expense
  1. 1294.00
Interior Features
  1. Granite Counters
Laundry Features
  1. Common Area
Laundry Income
  1. 0.00
Levels
  1. Two
Lot Features
  1. Near Public Transit
  2. Park Nearby
  3. Yard
Netoperatingincome
  1. 40947.00
Newtaxesexpense
  1. 15625.00
Parcel Number
  1. 8429030003
Parking Features
  1. Carport
Pool Features
  1. None
Property Type
  1. Quadruplex
Property Condition
  1. Turnkey
Roof
  1. Composition
  2. Shingle
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 458615502:CRM
Spa Features
  1. None
Tenant Pays
  1. Gas
  2. Electricity
Totalactualrent
  1. 4.00
Totalexpenses
  1. 29853.00
Trash Expense
  1. 4692.00
Uncovered Spaces
  1. 2.00
Utilities
  1. Water Available
  2. Sewer Available
  3. Natural Gas Available
  4. Electricity Available
View
  1. Mountain(s)
Water Sewer Expense
  1. 1233.00
Water Source
  1. Public
Window Features
  1. Double Pane Windows
Year Built
  1. 1959
Year Built Source
  1. Assessor
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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