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544 S 1st Ave
Covina, CA 91723
3 Units VACANT! 6.78% Market CAP Rate! · Multifamily Property For Sale
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5 Units
Investment Highlights
- Property Consists of (2) 2-Bed/1-Bath & (3) 1-Bed/1-Bath Units
- Significant Upside Potential
- Three Units To Be Delivered Vacant at Close of Escrow
- Tenants Enjoy On-Site Covered Parking & Laundry Facilities
Property Facts
| No. Units | 5 | Building Size | 3,788 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 4.75/1,000 SF |
| Lot Size | 0.18 AC | ||
| Zoning | CVR3 - Multiple Dwelling | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 3,788 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 4.75/1,000 SF |
| Zoning | CVR3 - Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Oven
- Range
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $2,295 | - |
| 1+1 | 3 | $1,518 | - |
Property Taxes
| Parcel Number | 8445-026-005 | Improvements Assessment | $359,183 |
| Land Assessment | $291,120 | Total Assessment | $650,303 |
Property Taxes
Parcel Number
8445-026-005
Land Assessment
$291,120
Improvements Assessment
$359,183
Total Assessment
$650,303
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