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Listed by Kristopher German • RE/MAX 2000 REALTY
$ 1,525,000
Est. payment /mo
Active
673 South Eremland Drive Covina, CA 91723
4,842 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,842 sqft
Price per Sqft $314
MLS Listing ID CV-25081553
Year Built 1961
Lot Size 9,315 Sqft
Property Sub-Type Apartment
Property Description
We are pleased to exclusively offer for sale this 5 Unit "value-add" opportunity in the city of Covina. Comprised of 100% Two-Story Townhouse style units, the unit mix consists of: (1) 3-Bedroom / 1.5-Bath Townhouse & (4) 2-Bedroom / 1.5-bath Townhouse style units. Each unit is approximately 1,000 sqft., providing spacious layouts well-suited for stable, long-term tenancy. Tenants benefit from gated entry, covered enclosed parking, private patios, and access to an on-site laundry facility. All units are individually metered for gas and electricity, allowing for efficient utility management. With 50% upside in rental income, a prime rental location, and desirable unit mix, this property offers an ideal value-add opportunity. Ideally located in a private cul-de-sac just minutes from Downtown Covina, the subject property offers access to restaurants, shopping, and nightlife
Location
State CA
County Los Angeles
Area 614 - Covina
Zoning CVR3-RD1500*
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry Common Area
Exterior
Parking Features Garage, Garage Faces Rear
Garage Spaces 6.0
Pool None
Community Features Sidewalks, Street Lights
Utilities Available Sewer Available, Water Available, Electricity Available, Natural Gas Available
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer