Listing Agent: Luis Hsu      Broker/Office: Meridian Capital Real Estate
1725 E Nanette Ave West Covina CA 91792
$ 1,498,000
  9   |    7   |    4050 Sq Feet

Listing ID

#TR25216182

Status

Active

Property Type

Quadruplex

County

Los Angeles

Year Built

1977

Days on website

3

Description
Investor Alert – Fully Rented Quadruplex in West Covina! Looking for steady rental income and growth? This 4-unit property on E Nanette Ave is all tenant-occupied (on-time) and recently upgraded with new flooring, updated kitchens, new water heaters, and more. With a current rent roll generating consistent cash flow and key improvements already in place, this is the kind of investment opportunity that doesn’t stay on the market long! Unit1: New flooring, updated ktichen cabinets, new exhaust fans. Unit2: New water heater, brand new AC. Unit3: New flooring & kitchen cabinets. Unit4: New heater. Monthly total rent ($8293/month). Low HOA dues, no mello roos. Each unit has central A/C, separate electric, laundry hookups, and separate gas meters. Also features a nice community pool and clubhouse that is shared by the residence of Woodbridge Community. Unit 1 - 3 bedrooms and 1.5 baths with 2-car garage. Unit 2 and 3 - 2 bedrooms and 1.5 baths with 1-car garage and extra parking. Unit 4 - 2 bedrooms and 1 bath with attached garage and extra parking space.
Location
Financial Information
List Price:  $ 1498000
Property Features
Association Amenities:  Clubhouse, Other, Pool
Association Fee Frequency:  Monthly
Community Features:  Park, Pool, Sidewalks
High School District:  West Covina
Levels:  Two
Lot Features:  Landscaped
Pool Features:  Association, Community
Senior Community YN:  false
Sewer:  Unknown
Structure Type:  Quadruplex
View:  Neighborhood
High School District:  West Covina
MLS Area Major:  669 - West Covina
City:  West Covina
Senior Community YN:  false
Listed By:   Luis Hsu   Meridian Capital Real Estate 
Co-listed by
Juliet Chung  
CA Lic#