For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID TR23031203
Sold Date 04/14/23
Bedrooms 6
Property Sub-Type Res Income 2-4 Units
Property Type Res Income 2-4 Units
Property Description
This charming duplex nestled in the heart of West Covina, California. This property is a fantastic investment opportunity for both owner/users and investors looking to grow their portfolios. The front unit features 3 bedrooms and 1.5 bathrooms, while the second unit in the back boasts 3 bedrooms and 1 bathroom. Both units are spacious, with large living rooms and dining areas perfect for entertaining guests. The total living space is 1,891 square feet and the lot size is an ample 7,603 square feet. Built in 1954, this single-story duplex has been beautifully maintained with professional landscaping and features a sparkling swimming pool situated between the two units. The property is located within walking distance to South Hills High School and is conveniently located near shopping centers, parks, schools, and has easy access to freeways. This duplex comes with central air conditioning and the owner occupies the front unit, while the tenant occupies the back unit with under-market rent on a month-to-month basis. The up-to-date solar system save you huge electricity bill for hot summer in California. This presents an opportunity for a new owner to increase rent and maximize their return on investment. The gross scheduled income is estimated to be $63,960 with a CAP rate of 5.10%. Don't miss out on this once-in-a-lifetime opportunity to own this stunning duplex in the heart of West Covina, with excellent investment potential and better returns than traditional bank accounts or risky stock market investments. This property is a must-see!
Location
State CA
County Los Angeles
Zoning Assessor
Direction N.Citrus St
Interior
Cooling Central Forced Air
Fireplace No
Exterior
Pool Below Ground, Private
Utilities Available Sewer Connected
View Y/N No
Roof Type Composition,Rock/Gravel
Building
Story 1
Level or Stories 1
Others
Tax ID 8479013019
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with Jeannie Madali REdefine Realty Group
Search All Homes and Condos for Sale in Coronado
Types of Homes for Sale In Coronado:
All Coronado Homes for Sale by Map
Condos and Townhomes for Sale in Coronado
Single Family Homes for Sale in Coronado
Multi-Family Investment Properties for Sale in Coronado
New Construction in Coronado
Rentals in Coronado
Neighborhoods in Coronado
Coronado Cays Homes for Sale
Coronado Shores Condos for Sale
Coronado Village Homes and Condos for Sale
Bayfront Homes for Sale
Oceanview Homes for Sale
Country Club Estates Homes for Sale

Get More Information

Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
- Homes For Sale in Carlsbad, CA
- Homes For Sale in Coronado, CA
- Homes For Sale in Del Mar, CA
- Homes For Sale in Imperial Beach, CA
- Homes For Sale in Encinitas, CA
- Homes For Sale in La Jolla, CA
- Coronado Condos & Townhomes
- Coronado Single Family Homes
- Coronado Shores Condos
- Coronado Cays
- Coronado Bayfront Homes
- Coronado Ocean View Homes