Covina, CA 91723,143 N Grandview AVE
Covina, CA 91723,143 N Grandview AVE
Covina, CA 91723,143 N Grandview AVE
Covina, CA 91723,143 N Grandview AVE
Covina, CA 91723,143 N Grandview AVE
Covina, CA 91723,143 N Grandview AVE
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$1,790,000

$1,845,000

3.0%
Est.Price: ?

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Est. payment /mo

7,923 Sqft Lot


SOLD DATE : 01/05/2024

Key Details

Sold Price $1,790,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV23171931

Sold Date 01/05/24

HOA Y/N No

Year Built 1962

Lot Size 7,923 Sqft

Property Description

NEW PRICE!!! Private Seller Financing Available! We are pleased to offer for sale this 6 unit multi-family investment property in the city of Covina. The units are comprised of 4 spacious two-story townhouse style units, and 2 traditional style apartment units for a total rental square footage of 5,762 SqFT. The unit mix consists of 4(2 Bed/1.5 Bath) two-story townhouses, 1(2 Bed/1 Bath), & 1(1 Bed/1 Bath). Tenants pay for electricity & gas while the owner is responsible for water and trash. The property boasts convenient onsite garage and open space parking, as well as an onsite laundry facility, (although temporarily closed by the owner) providing an opportunity for additional income once operational. Although the owner has done a commendable job managing rental increases, there remains untapped potential for growth and increased cash flow. Seller private financing terms; 30% down payment, 7% interest only payments, due in 10 years.

Location

State CA

County Los Angeles

Area 614 - Covina

Zoning CVR3-RD1250*

Interior

Fireplace No

Laundry Common Area, Inside

Exterior

Garage Spaces 3.0

Carport Spaces 4

Garage Description 3.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 7

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 8429029005

Acceptable Financing Cash, Cash to New Loan, Owner Will Carry, Private Financing Available

Listing Terms Cash, Cash to New Loan, Owner Will Carry, Private Financing Available

Financing Seller Financing

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Kristopher German • RE/MAX 2000 REALTY • 909-645-0443
Bought with ANDRE VERASTEGUI • NORTH ROCK REAL ESTATE
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