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Jim, Justin and Vickie, Sales Associate
SOLD
$1,790,000
Date 01/05/2024

143 N Grandview Avenue
Covina, CA 91723

Apartment
Residence
5,762
Sqft
0.1819
Lot Size
Listing Agent: KRISTOPHER GERMAN CalDRE: 01800021 - RE/MAX 2000 REALTY, 909-645-0443
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.
CV23171931
Apartment, 2 Story
Los Angeles
1962
0.1819 Acres
Public
2
Public Sewer
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Listing Agent: KRISTOPHER GERMAN CalDRE: 01800021 - RE/MAX 2000 REALTY, 909-645-0443
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