0.26 Acres Lot
0.26 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV24237683
Condo Fees $225
HOA Fees $225/mo
HOA Y/N Yes
Year Built 1978
Lot Size 0.264 Acres
Property Description
***Unit 1: A 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 patio, 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, an attached one-car garage, and a covered carport.
***Unit 3: Similar in layout to Unit 2, this 2-bedroom, 1.5-bathroom unit includes an attached one-car garage and an additional uncovered parking space.
***Unit 4: A 2-bedroom, 1-bathroom unit featuring a living room, dining room, and a good-sized kitchen. 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
Individual laundry hookups
20% upside in rent
Long term tenants
Buyers are to cooperate with the seller’s 1031 exchange at no cost.
This property is a gem in a sought-after community popular with renters, perfect for investors looking for a stable asset with appreciating value as an addition to their portfolio. The back of the building has the potential to build one ADU.
Location
State CA
County Los Angeles
Area 669 - West Covina
Interior
Interior Features Balcony
Heating Central
Cooling Central Air
Fireplaces Type Living Room
Fireplace Yes
Laundry Washer Hookup, Gas Dryer Hookup, In Garage
Exterior
Parking Features Asphalt, Carport, Door-Multi, Detached Carport, Direct Access, Door-Single, Driveway, Garage, Garage Faces Side
Garage Spaces 5.0
Carport Spaces 3
Garage Description 5.0
Pool Community, In Ground, Association
Community Features Storm Drain(s), Street Lights, Suburban, Sidewalks, Pool
Amenities Available Clubhouse, Pool
Roof Type Shingle
Total Parking Spaces 8
Private Pool No
Building
Lot Description 21-25 Units/Acre, Gentle Sloping, Landscaped, Near Public Transit, Rectangular Lot
Faces West
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
HOA Name Woodbridge HOA
Senior Community No
Tax ID 8735010013
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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Broker Associate/Agent | License ID: 01019252/01857852