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
Senior Community YN:false
MLS Area Major:669 - West Covina
City:West Covina
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Listed By:
Luis Hsu
Meridian Capital Real Estate
Co-listed by
Juliet Chung
CA Lic#
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