819 N Grandview Ave
Covina, CA 91723
Well maintained triplex-30 year financing! · Multifamily Property For Sale
·
3 Units
Property Facts
| No. Units | 3 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Lot Size | 0.15 AC | Year Built/Renovated | 1956/2016 |
| Building Size | 1,885 SF | Parking Ratio | 1.59/1,000 SF |
| Zoning | CVR3-RD200 | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Lot Size | 0.15 AC |
| Building Size | 1,885 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1956/2016 |
| Parking Ratio | 1.59/1,000 SF |
| Zoning | CVR3-RD200 |
About 819 N GRANDVIEW AVE , COVINA, CA 91723
Located in Covina, California, this low maintenance triplex offers (3)-1 bed / 1 bath units and offers an incoming cap rate north of 4%. Two of the three units have been fully renovated with washer/dryer hook-ups and new split system air-conditioners. With the rear unit in need of a renovation, the new owner may realize a rental bump of approximately $275 per month. The property sits on a quiet residential street and has easy access to restaurants, retailers, and Stater Bros. market. Furthermore, the property is in proximity to Kahler Russell Park and Charter Oak High School. This property is ideal for a buyer looking for the possibility to lock in a low interest rate thirty year loan with great cash flow for an investment of this size. With the upside presented in the back unit, the project offers promise of growth in a great neighborhood.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | $1,350 | 625 |
Property Taxes
| Parcel Number | 8429-019-003 | Improvements Assessment | $262,472 |
| Land Assessment | $546,820 | Total Assessment | $809,292 |
Property Taxes
