219 W Center Street
Covina, CA 91723
- – beds
- – baths
- – sqft
- 10,204 sqft lot
- 1985 build
- – on site
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.
Listed By CRMLS_CA / Kristopher German / RE/MAX 2000 REALTY / 909-645-0443
Last checked:
Checking…
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Last updated Jan 22, 2025
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MLS# CV25015027 —
The Building
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Year Built:1985
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Year Built Source:Appraiser
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New Construction:No
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Building Area Total:4486.00
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Building Area Units:Square Feet
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Total Number Of Units:5
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# of Buildings:1
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Roof:Tile
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Foundation:Slab
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:5
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# of Separate Water Meters:1
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# of Separate Electric Meters:5
Interior
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Entry Location:Ground
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Fireplace:No
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Fireplace:None
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Laundry:Inside, Washer Hookup
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Laundry:1
Location
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Directions:North of 10 Fwy, East of Citrus Ave., South of Badillo St
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Latitude:34.08541000
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Longitude:-117.89290200
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:CVR3-RD1250*
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Lot Features:0-1 Unit/Acre
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Lot Size Area:10204.0000
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Lot Size Acres:0.2343
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Lot Size SqFt:10204.00
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Lot Size Source:Assessor
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View:None
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Fencing:Brick
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Fence:Yes
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:12
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Tax Census Tract:4061.03
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Tax Tract:002
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Tax Lot:18
The Listing
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Special Listing Conditions:Standard
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Parcel Number:8444002030
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Utilities
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Utilities:Electricity Available, Natural Gas Available, Sewer Available, Water Available
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Sewer:Public Sewer
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Electric:Standard
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Water Source:Public
Appliances
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Appliances:None
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Included:No
The Community
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Features:Gutters, Sidewalks, Street Lights
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
Parking
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Parking:Yes
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Parking:Assigned, Garage
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Parking Spaces:13.00
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Garage Spaces:8.00
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Uncovered Spaces:5.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/21/25
Jan 21, 2025
|
Listed / Active | CRMLS_CA | $1,575,000 |