See all 6 photos
$1,525,000
Est. payment /mo
9 Beds
8 Baths
Active
673 S Eremland Drive Covina, CA 91723
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25081553
Bedrooms 9
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to exclusively offer for sale this 5 Unit value-add opportunity in the city of Covina. Comprised of 100% Two-Story Townhouse style units, the unit mix consists of: (1) 3-Bedroom / 1.5-Bath Townhouse & (4) 2-Bedroom / 1.5-bath Townhouse style units. Each unit is approximately 1,000 sqft., providing spacious layouts well-suited for stable, long-term tenancy. Tenants benefit from gated entry, covered enclosed parking, private patios, and access to an on-site laundry facility. All units are individually metered for gas and electricity, allowing for efficient utility management. With 50% upside in rental income, a prime rental location, and desirable unit mix, this property offers an ideal value-add opportunity. Ideally located in a private cul-de-sac just minutes from Downtown Covina, the subject property offers access to restaurants, shopping, and nightlife
Location
State CA
County Los Angeles
Zoning Assessor
Direction Just south of Rowland St between Barranca Ave and Citrus Ave
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 8451003030

Listed by Kristopher German RE/MAX 2000 REALTY