Listing Agent: Shawn Luong      Broker/Office: eXp Realty of Greater Los Angeles
2426 Nancy Street S West Covina CA 91792
$ 1,499,000
  9   |    8   |    4050 Sq Feet

Listing ID

#CV25252968

Status

Active

Property Type

Quadruplex

County

Los Angeles

Year Built

1978

Days on website

2

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, 2-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, 1.5-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
Financial Information
List Price:  $ 1499000
Property Features
Association Amenities:  Clubhouse, Pool
Association Fee Frequency:  Monthly
Community Features:  Pool, Sidewalks, Suburban
Construction Materials:  Stucco
Direction Faces:  West
Foundation Details:  Slab
Heating:  Central
High School District:  Rowland Unified
Interior Features:  Balcony
Levels:  Two
Lot Features:  Landscaped
Parking Features:  Asphalt, Carport, Driveway, Garage
Pool Features:  Association, Community
Road Surface Type:  Paved
Roof:  Shingle
Senior Community YN:  false
Structure Type:  Quadruplex
View:  Hills, Neighborhood, Pool
Water Source:  Public
High School District:  Rowland Unified
MLS Area Major:  669 - West Covina
City:  West Covina
Senior Community YN:  false
Listed By:   Shawn Luong   eXp Realty of Greater Los Angeles 
CA Lic#