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Mike And Mary Jafarkhani

[email protected] +1(949) 533-5040

$ 1,300,000

Est. payment -/mo

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Active Under Contract

131 N Vecino DR Covina, CA 91723

8 Beds

4 Baths

3,473 SqFt

UPDATED:

10/07/2024 11:40 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,473 sqft

Price per Sqft $374

MLS Listing ID WS24201863

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 1959

Lot Size 6,137 Sqft

Acres 0.1409

Property Description

This is a well-maintained four-unit complex, offering 2 bedrooms and 1 bathroom per unit. Corner lot! Each unit has access to one designated carport parking spaces, ensuring convenience for tenants. The rental income is stable, with long-term tenants in place, making it an attractive investment opportunity. Current total income: $7611 per month/ $91332 annual. owner pays for water, trash, hot water gas, pest control and gardening service, total average $630 per month. Building in very good shape; Hip Roof! Not flat roof!! Rain gutter installed. Freshly exterior painted enhancing its curb appeal and overall aesthetic. Stair and balcony inspections have been fully inspected and passed. The property also features a small garden, adding a touch of greenery to the living environment. Easy to manage and easy to rent out. Property offers excellent location with strong amenities. It is conveniently close to popular destinations like IKEA and McDonald’s many stores near by also close to Covina Valley Unified School District.
Drive by only. Do not disturb tenants. Thank you

Location

State CA

County Los Angeles

Area 614 - Covina

Zoning CVR3-RD1250*

Rooms

Main Level Bedrooms 4

Ensuite Laundry None

Interior

Laundry Location None

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Garage Detached Carport

Carport Spaces 4

Pool None

Community Features Sidewalks

View Y/N No

View None

Parking Type Detached Carport

Total Parking Spaces 4

Private Pool No

Building

Lot Description Level, Near Public Transit

Dwelling Type Quadruplex

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Covina Valley Unified

Others

Senior Community No

Tax ID 8429030042

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by JENIFER CHOW • Doubletree Realtors • 626-278-0946

Mike And Mary Jafarkhani

Broker Associate | License ID: 00999447

+1(949) 533-5040

Mike And Mary Jafarkhani

131 N Vecino DR Covina, CA 91723

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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131 N Vecino DR