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19529 E Cypress St
Covina, CA 91724
Cypress Villa Apartments · Multifamily Property For Sale
·
11 Units
Investment Highlights
- 8.19% Proforma Cap Rate / 51% Rental Upside / $275,000 per Unit
- 1984 Construction / Copper Plumbing / Two Parking Spaces per Apartment
- Newer Windows / Individually Metered for Gas & Electricity / On-Site Laundry Room
- Assumable Loan of $1,260,000 Fixed at 3.07% Until October 2026 or Obtain New Loan
- All Two Bedroom/One Bathroom Floor Plans / Central Air Conditioning & Heat
- Located in Unincorporated Los Angeles County / Close Proximity to Downtown Covina & Metrolink
Property Facts
| No. Units | 11 | Building Size | 9,207 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1984 |
| Building Class | C | Parking Ratio | 2.39/1,000 SF |
| Lot Size | 0.37 AC | ||
| Zoning | R3, County | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 9,207 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1984 |
| Parking Ratio | 2.39/1,000 SF |
| Zoning | R3, County |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 11 | $1,679 | 837 |
Property Taxes
| Parcel Number | 8404-004-046 | Improvements Assessment | $642,616 |
| Land Assessment | $641,138 | Total Assessment | $1,283,754 |
Property Taxes
Parcel Number
8404-004-046
Land Assessment
$641,138
Improvements Assessment
$642,616
Total Assessment
$1,283,754
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