219 W Center Street

Covina, CA 91723

  • 0 Bed(s)
  • 0 Bath(s)
  • 4,486 Sqft
  • 10204
    Sqft(Lot)
$1,575,000

Description

We are pleased to exclusively offer for sale a remarkable investment opportunity in the city of covina, 5 pride of ownership units constructed in 1985. the unit mix includes four 2-bedroom/1.5-bathroom two-story town-house style units, each offering two levels of living space, and one oversized 1-bedroom/1-bathroom unit. collectively, these units comprise 4,486 rental square feet on a well-proportioned 10,201 square foot lot. the property boasts a solid 5.56% cap rate and a 12.73 gross rent multiplier, underlining its profitability and investment appeal.



each unit is equipped with central air conditioning and heating, ensuring comfort year-round. tenants also benefit from private garage and open space parking (13 spaces total), private patios, and interior laundry hookups. each unit amenity enhances desirability and tenant satisfaction. this investment represents a unique opportunity to acquire a stable, high-yield asset in covina, ideal for investors seeking a property with both immediate returns and long-term growth potential.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    48398261

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Tile
    • Fireplace: None

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1985
    • Building Area Total: 4,486
    • Roof: Tile

    Foundation

    • Slab

    Pool Features

    • None

    Laundry Features

    • Washer Hookup,Inside

    Fencing

    • Brick

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2343
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 10204

  • Listing Price Information

    • Original List Price: 1,575,000
    • Listing Contract Date: 2025-01-21

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 8444002030

  • Garage and Parking

    • Garage Description: Assigned,Garage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Pending
    • Source Neighborhood: 614 - Covina
    • Postal Code Plus 4: 2556
    • Directions: North of 10 Fwy, East of Citrus Ave., South of Badillo St
    • Zoning: CVR3-RD1250*
    • Source Property Type: Residential Income
    • Area: 614 - Covina
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 40
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Appraiser
    • Entry Level: 1
    • Entry Location: Ground
    • Property Attached: Yes
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BuyOwner last updated this listing 02/22/2025 @ 17:22

  • MLS: CV25015027
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is recently sold, it has 4,486 sqft, 10,204 sized lot, and 8 parking. are nearby neighborhoods.