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149 Bandy Avenue, West Covina, CA 91790
Priced at Only: $2,915,000
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Address: 149 Bandy Avenue, West Covina, CA 91790
Property Location and Similar Properties
- MLS#: WS26058434 ( Apartment )
- Street Address: 149 Bandy Avenue
- Viewed: 10
- Price: $2,915,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1961
- Bldg sqft: 0
- Days On Market: 23
- Additional Information
- County: LOS ANGELES
- City: West Covina
- Zipcode: 91790
- Provided by: IRN REALTY
- Contact: Jo Jo

- DMCA Notice
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DescriptionPresenting a prime 11 unit multifamily asset located at 149 South Bandy Avenue in the heart of West Covina, California. This garden style community, originally constructed in 1961, sits on a spacious 10,710 square foot lot with approximately 8,026 rentable square feet. The property features a highly desirable unit mix consisting of six one bedroom/one bathroom units, four two bedroom/one bathroom units, and a unique three bedroom/two bathroom cottage. To the benefit of ownership, all units are individually metered for gas and electricity. The asset has been meticulously maintained with several units modernized with contemporary flooring, new kitchen cabinetry, and granite countertops. Residents enjoy essential amenities such as an on site laundry facility, wall air conditioning, and 11 dedicated parking spaces supplemented by ample street parking. Additionally, the property includes a private storage room specifically for the owner's use, providing a convenient space for maintenance supplies or equipment. Situated within walking distance of Plaza West Covina and Edwards Theatre, the property is perfectly positioned to benefit from the areas premier retail and entertainment offerings. The location offers exceptional regional access, situated just 0.6 miles from the Interstate 10 Vincent Avenue exit and 3.4 miles from the Covina Metrolink Station. The property also serves a diverse tenant base due to its proximity to West Covina High School, Mt. San Antonio College, and Cal Poly Pomona. This investment offering represents a rare opportunity to acquire a stabilized asset in one of the San Gabriel Valleys strongest rental markets, providing a sophisticated investor with both immediate cash flow and significant long term appreciation potential.
Features
Assessments
- Unknown
Association Fee
- 0.00
Building Area Total
- 8026.00
Carport Spaces
- 2.00
Commoninterest
- Community Apartment
Common Walls
- 2+ Common Walls
Cooling
- Wall/Window Unit(s)
Country
- US
Days On Market
- 11
Electric Expense
- 1740.00
Entry Location
- Front
Garage Spaces
- 0.00
Gardner Expense
- 1200.00
Insurance Expense
- 8234.00
Laundry Equipment Own Lease
- Lease
Laundry Features
- Community
Laundry Income
- 1800.00
Levels
- One
- Two
Lot Features
- Lot 10000-19999 Sqft
Netoperatingincome
- 145753.00
Number Of Separate Electric Meters
- 11
Number Of Separate Gas Meters
- 11
Parcel Number
- 8476010012
Pool Features
- None
Professionalmanagementexpense
- 8887.00
Property Type
- Apartment
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 458747510:CRM
Tenant Pays
- Gas
- Electricity
Totalactualrent
- 18933.00
Totalexpenses
- 76423.00
Trash Expense
- 6960.00
Uncovered Spaces
- 9.00
Views
- 10
Water Sewer Expense
- 4955.00
Water Source
- Public
Year Built
- 1961
Year Built Source
- Public Records
Zoning
- WCR3
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com















