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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$1,530,000

Est. payment - /mo

0.26 Acres Lot

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25174185

Condo Fees $225

HOA Fees $225/mo

HOA Y/N Yes

Year Built 1978

Lot Size 0.264 Acres

Property Sub-Type Quadruplex

Property Description

We are delighted to present this well-maintained four-unit property in the desirable community of Woodbridge in West Covina, conveniently located within a short walking distance of three supermarkets, restaurants, and public transportation. This outstanding asset is right across to the community pool and comprises the following units:

***Unit 1: A spacious 3-bedroom, 1.5-bathroom unit featuring a large living room with a fireplace, a dining room, and a kitchen with ample cabinetry. This unit also offers a private patio, a powder room downstairs, an upstairs bathroom with dual sinks, and an attached two-car garage.

***Unit 2: This is a 2-bedroom, 1.5-bathroom unit with a living room, dining room, and a good-sized kitchen. It also has a guest powder room downstairs, a full bath upstairs, a private patio, an attached one-car garage, and a covered carport.

***Unit 3: Similar in layout to Unit 2, this 2-bedroom, 1.5-bathroom unit includes an attached one-car garage and an additional uncovered parking space.

***Unit 4: A 2-bedroom, 1-bathroom unit featuring a living room, dining room, and a good-sized kitchen. It also has a shared full bath with an extra sink, a balcony, a one-car garage, and an uncovered parking space.

Separate meters for electricity and gas
Individual laundry hookups
20% upside in rent
Long-term tenants

Buyers are to cooperate with the seller's 1031 exchange at no cost.
This property is a gem in a sought-after community, popular with renters, and is ideal for investors seeking a stable asset with appreciating value to add to their portfolio. The back of the building has the potential to build one ADU (SB 1211).

Location

State CA

County Los Angeles

Area 669 - West Covina

Interior

Interior Features Balcony

Heating Central

Cooling Central Air

Fireplaces Type Living Room

Fireplace Yes

Laundry Washer Hookup, Gas Dryer Hookup, In Garage

Exterior

Parking Features Asphalt, Carport, Door-Multi, Detached Carport, Direct Access, Door-Single, Driveway, Garage, Garage Faces Side

Garage Spaces 5.0

Carport Spaces 3

Garage Description 5.0

Pool Community, In Ground, Association

Community Features Storm Drain(s), Street Lights, Suburban, Sidewalks, Pool

Amenities Available Clubhouse, Pool

Roof Type Shingle

Total Parking Spaces 8

Private Pool No

Building

Lot Description 21-25 Units/Acre, Gentle Sloping, Landscaped, Near Public Transit, Rectangular Lot

Faces West

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

HOA Name Woodbridge HOA

Senior Community No

Tax ID 8735010013

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

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Listed by Shawn Luong eXp Realty of Greater Los Angeles 626-643-7090

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2426 Nancy ST S West Covina, CA 91792