819 North Grandview Avenue
Covina, CA 91723

$750,000
0.15
Acres
$750,000
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under contract
1/3
Street View
Street View

Please check the documents tab to access the marketing package. 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.

$750,000
0.15
Acres
Listing #: 819002220
Listed by Keller Williams Realty
$750,000
Favorite

Please check the documents tab to access the marketing package. 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.

Listed by:
Keller Williams Realty

Source:
CRMLS

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Property details

Community Features

  • No HOA

Exterior features

  • No Pool

Interior Features

  • Carpet Floors
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