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    222 S Pima Avenue

    West Covina, CA 91790
    • $1,900,000
    • STATUS: Active
    • ON SITE: 19 days
    • MLS #: CV21002254
    UPDATED: 42 min ago
    $1,900,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,696
      SQFT
    • $334
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    Outstanding 7 unit building in highly desirable rental area of West Covina. Unit count is as follows: (3) 2-Bedroom 1-bath, (1) 2-bedroom 2-Bathrooms and (3) 1-Bedroom 1-Bathroom. Occupied by reliable an long term paying tenants. Building has 6 garages and enclosed common area patio. Includes owned coin operated laundry machines. Building is well maintained. Rents are below market value and have room to grow.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-25T18:30:39.803. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

    www.desertareahomesforsale.com/homes/113025708
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    222 S Pima Avenue West Covina, CA 91790

    • Price: $1,900,000
    • Status: Active
    • Updated: 42 min ago
    • MLS #: CV21002254
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    5,696
    SQFT
    $334
    $/SQFT
    1959
    Built
    Neighborhood:
    669 - West Covina
    County:
    Los Angeles
    Area:
    669 - West Covina
    Property Description
    Outstanding 7 unit building in highly desirable rental area of West Covina. Unit count is as follows: (3) 2-Bedroom 1-bath, (1) 2-bedroom 2-Bathrooms and (3) 1-Bedroom 1-Bathroom. Occupied by reliable an long term paying tenants. Building has 6 garages and enclosed common area patio. Includes owned coin operated laundry machines. Building is well maintained. Rents are below market value and have room to grow.
    Exterior Features

    Garage Spaces 5.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 7.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition Spa Features None Spa YN No Uncovered Spaces 2.00

    Interior Features

    Appliances Disposal Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Flooring CarpetTile Heating Central Heating YN Yes Laundry Features CommunityIndividual Room Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 5.20 Community Features Curbs Country Us Electric Expense 673.00 Elevation Units Feet Fuel Expense 3126.00 Gardener Expense 1180.00 Gross Income 120036.00 Gross Operating Income 120036.00 Gross Scheduled Income 117636.00 Insurance Expense 2666.00 Land Lease YN No Laundry Equipment Own Lease Own Laundry Income 200.00 Laundry YN Yes Maintenance Expense 1800.00 Net Operating Income 85384.00 New Construction YN No New Taxes Expense 17856.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Number Of Units Leased 6 Number Wall AC 7 Operating Expense 34652.00 Pest Control Expense 505.00 Professional Management Expense 0.00 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Expenses 34652.00 Trash Expense 3330.00 Vacancy Allowance 1650 Water Sewer Expense 3516.00 Water Source Public Year Built Source Assessor Zoning Wcr3-Mf20*

    Listing provided courtesy of Michael Campbell of Porches And Places and John Morrison of Porches And Places


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-25T18:30:39.803. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

     
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