2225 West Merced Avenue West Covina, CA 91790
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,714 sqft
Price per Sqft $583
MLS Listing ID TR-25260157
Style Bungalow
Year Built 1939
Lot Size 0.458 Acres
Property Sub-Type Duplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Both units are tenant-occupied with reliable, on-time payments. Current rents are $3,000/month (front) and $1,600/month (rear), generating a total of $4,600/month with a 3.5% cap rate. The property also boasts a gigantic yard, offering excellent potential for future development or expansion.
Don't miss this rare chance to acquire a well-located, income-producing duplex with long-term upside.
Location
State CA
County Los Angeles
Area 669 - West Covina
Interior
Interior Features Ceiling Fan(s), Recessed Lighting
Heating Wall Furnace
Flooring Wood
Fireplaces Type Family Room
Laundry Gas Dryer Hookup, Individual Room, Washer Hookup
Exterior
Exterior Feature Lighting
Parking Features Garage, Driveway
Garage Spaces 1.0
Pool None
Community Features Storm Drains, Street Lights, Suburban
Utilities Available Sewer Connected, Water Connected, Cable Connected, Electricity Connected, Natural Gas Connected
View Y/N No
View None
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer