721 S Fernwood Street

West Covina, CA 91791

  • 0 Bed(s)
  • 0 Bath(s)
  • 32,001 Sqft
  • 52013
    Sqft(Lot)
$13,000,000

Description

Fernwood terrace apartments is a 30-unit garden-style apartment community (29 legal units) in the middle of the san gabriel valley city of west covina. built in 1963, the property has been gradually undergoing a complete exterior and interior renovation for the past 3 years. currently the last couple of units are being finished at this time. the interior renovations at fernwood terrace feature best-in-class finish levels: fully appointed kitchens with quartz countertops, new doors, white shaker style cabinetry, wood plant-style vinyl flooring, stainless steel appliances, dishwashers, built-in microwaves, custom paint, all new blinds, and interior hardware (24 of 30 units have been completed). the units themselves are very spacious, most being between 1,000 to 1,300 sq. ft. upper units have decks and lower units have large oversized yards. there are 43 parking spaces and the lot is 1.19 acres. several of the units have new washer dryer units that have been installed during the renovation and there is a common laundry room as well. exterior renovation includes all new paint, all new concrete hardscape, all new contemporary landscaping, all new asphalt, all new pool, pool deck, and pool furniture, new gating, and new exterior doors. it should be noted here that fernwood terrace has undergone a 3-year renovation period that is just now coming to an end, thus the financials will reflect this effort as it relates to both expenses and occupancy.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    48119913

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Property Details

  • Water/Sewer

    • Water Source : Other
    • Sewer : Unknown

  • Building Information

    • Year Built: 1963
    • Building Area Total: 32,001

    Pool Features

    • Community

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 1.1941
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 52013

  • Listing Price Information

    • Original List Price: 13,000,000
    • Listing Contract Date: 2024-12-09

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 8486028018

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 669 - West Covina
    • Directions: Turn Left or Right onto S Fernwood St from E Cameron Ave
    • Source Property Type: Residential Income
    • Area: 669 - West Covina
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 62
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: Gate
    • Property Attached: Yes
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BuyOwner last updated this listing 01/18/2025 @ 05:58

  • MLS: OC24251036
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 32,001 sqft, 52,013 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of West Covina , in zip code 91791, this Los Angeles County Home are nearby neighborhoods.