544 S 1st Av Unit 3,
Covina, CA 91723
交易中 $1,200,000 ($120萬)
卧室: -- 浴室: -- / 其他類型
房屋信息

其他類型

7827 平方英呎
(727平方米)

1962 年

2

6 停車位

冷: WW

暖: CF

2025年02月24日
已上市 62 天

地產編號: CV25040761
所處郡縣: LA
面積單價:$316.79/sq.ft ($3,410 / 平方米)
車位類型:CPA
房屋簡介

Probate Sale! 5 Units in Covina! We are pleased to exclusively offer for sale this value-add opportunity which is comprised of of two (2-Bedroom/1-Bathroom) units and three (1-Bedroom/1-Bathroom) units, totaling 3,788 rental square feet on a 7,827 square foot lot. This asset provides desirable tenant amenities including an onsite laundry facility and covered car-port parking, enhancing the living experience and convenience for residents. Each unit is individually metered for electricity (all electric building), offering efficiency in utility management while the owner covers the water and trash expenses. Notably, three of the units will be delivered vacant, presenting an immediate opportunity to adjust rental rates to current market levels. The property boasts a potential 6.78% market CAP Rate and an 10.67 market Gross Rent Multiplier (GRM), illustrating its profitability and appeal as an investment. This probate sale requires court confirmation and is to be sold in "as-is" condition. Importantly, no loan contingency is allowed and the terms stipulate the need to close escrow in 30 days or less. This property represents a prime investment with significant upside potential in a sought-after Covina location.

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