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$ 1,650,000
Est. payment /mo
New
335 N Prospero Drive Covina, CA 91723
8 Beds
8 Baths
7,381 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25088048
Bedrooms 8
HOA Y/N No
Lot Size 7,381 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to exclusively offer for sale this value-add opportunity in the highly sought after rental community of Covina. The subject property is comprised of six units: (4) 2-Bedroom / 1.5-Bath Townhouse-Style units, and (2) 1-bedroom / 1.5-bath single-story units. The unit mix provides a desirable balance of layouts for a diverse tenant base. Tenants benefit from in-unit laundry hookups, private patios, gated entry, and covered/enclosed parking. All units are individually metered for gas and electricity, keeping operating costs efficient. With over 40% upside in rental income, this asset presents a strong value-add opportunity in a supply-constrained market. Located near Downtown Covina, the property offers convenient access to local amenities, retail, and transit.
We are pleased to exclusively offer for sale this value-add opportunity in the highly sought after rental community of Covina. The subject property is comprised of six units: (4) 2-Bedroom / 1.5-Bath Townhouse-Style units, and (2) 1-bedroom / 1.5-bath single-story units. The unit mix provides a desirable balance of layouts for a diverse tenant base. Tenants benefit from in-unit laundry hookups, private patios, gated entry, and covered/enclosed parking. All units are individually metered for gas and electricity, keeping operating costs efficient. With over 40% upside in rental income, this asset presents a strong value-add opportunity in a supply-constrained market. Located near Downtown Covina, the property offers convenient access to local amenities, retail, and transit.
We are pleased to exclusively offer for sale this value-add opportunity in the highly sought after rental community of Covina. The subject property is comprised of six units: (4) 2-Bedroom / 1.5-Bath Townhouse-Style units, and (2) 1-bedroom / 1.5-bath single-story units. The unit mix provides a desirable balance of layouts for a diverse tenant base. Tenants benefit from in-unit laundry hookups, private patios, gated entry, and covered/enclosed parking. All units are individually metered for gas and electricity, keeping operating costs efficient. With over 40% upside in rental income, this asset presents a strong value-add opportunity in a supply-constrained market. Located near Downtown Covina, the property offers convenient access to local amenities, retail, and transit.
Location
State CA
County Los Angeles
Area Covina (91723)
Zoning Assessor
Interior
Cooling Wall/Window
Building
Lot Description Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Monthly Total Fees $204
Space Rent $1,700
Listed by Kristopher German • RE/MAX 2000 REALTY
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