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1015 W Garvey Avenue

West Covina, CA 91790
  • $13,430,000
  • STATUS: ACTIVE
  • ON SITE: 24 Days
  • ID#: TR22087882
$13,430,000
  • 3
    BEDS
  • 1.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

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. 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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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.lajollaagent.com/homes/128176605
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1015 W Garvey Avenue West Covina, CA 91790

  • Price: $13,430,000
  • Status: ACTIVE
  • On Site: 24 Days
  • ID#: TR22087882
3
Beds
0
Baths
0
½ Baths
1.11
Acres
Neighborhood:
West Covina (91790)
County:
Los Angeles
Area:
West Covina (91790)
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. 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

Parking Garage Desc Unit1 Assigned Pool Community/Common

Interior Features

Total Baths Unit1 1 Total Baths Unit2 1

Property Features

Actual Cap Rate 4.0 Annual Expense Actual 0 Buildings 1 Cfd Mello Roos Fee 13376.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 861018 Terms CashConventionalExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 1499.0 Unit2 Rent Actual 1779.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Macroreal Inv Grp Inc.. Listing information © 2022 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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