CA > Covina
Covina, CA 91723,219 W Center Street
Covina, CA 91723,219 W Center Street
Covina, CA 91723,219 W Center Street
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Listed by Kristopher German • RE/MAX 2000 REALTY
$1,575,000
Est. payment /mo
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4,486 SqFt
Pending

219 W Center Street Covina, CA 91723

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Kenneth Er

Kenneth Er

+1(510) 828-8572

UPDATED:

02/04/2025 06:02 AM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 4,486 sqft

Price per Sqft $351

MLS Listing ID CRCV25015027

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1985

Lot Size 10,204 Sqft

Property 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.

Location

State CA

County Los Angeles

Interior

Heating Other

Cooling Central Air

Fireplace No

Laundry Other, Inside

Exterior

View None

Building

Water Public

Bay East AOR and Contra Costa AOR
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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agent

Kenneth Er

Agent | License ID: 01942269

+1(510) 828-8572

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