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Listed by Luis Hsu • Meridian Capital Real Estate
$ 1,498,000
Est. payment | /mo
9 Beds
7 Baths
4,050 SqFt
$ 1,498,000
Est. payment | /mo
9 Beds
7 Baths
4,050 SqFt
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,050 sqft
Price per Sqft $369
MLS Listing ID CRTR25216253
Bedrooms 9
Full Baths 7
HOA Fees $260/mo
Year Built 1976
Lot Size 10,367 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Quadruplex Investment Opportunity Located in a desirable West Covina neighborhood, this 4-unit property offers an excellent chance to own a stable, income-producing asset. The building features a variety of 2- and 3-bedroom layouts with garages, patios, and private outdoor spaces that attract long-term tenants. ? Property Highlights: All garage motors replaced within the last 3 years Newer water heaters installed Private patios, enclosed yards, and upgraded interiors in select units Recent improvements include newer windows, sliding doors, granite countertops, laminate flooring, and updated blinds Landlord currently covers water (~$250/mo), trash & sewer (~$325/mo), and HOA (~$260/mo) ?? Income Potential: This fully occupied property benefits from strong rental demand, smooth Section 8 rent processing, and tenants required to maintain their units. A turnkey investment that generates immediate cash flow with future growth potential. Water and trash are covered. ?? Recent Upgrades Unit 1: Newer carpet, newer blinds, updated water heater Unit 2: Long-term tenancy with consistent upkeep Unit 3: Newer granite countertops, laminate flooring (stairs & 2nd floor) Unit 4: Patio space, updated windows and doors ?? Rent Roll Unit 1: $2,959 Unit 2: $1,742
Location
State CA
County Los Angeles
Area 669 - West Covina
Interior
Cooling Central AC, Other
Fireplaces Type Other
Exterior
Garage Spaces 5.0
Pool Community Facility
Utilities Available Other
View Local/Neighborhood, Other
Building
Sewer TBD
Water Other
Others
Tax ID 8735009008
Special Listing Condition Not Applicable
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Yuri Lavrentiev
REALTOR® | Lic# CA DRE #02103193