309 E Puente Street

    Covina, CA 91723
    • $1,550,000
    • STATUS: Active
    • ON SITE: 198 days
    • ID#: CV18102050
    $1,550,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,194
      SQFT
    • $298
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:
    Area:

    School Ratings & Info

    Description

    Great 5 unit non-rent controlled income property in the desirable City of Covina. The complex is situated in an area surrounded by other duplexes and SFR's. The schools for the area are South Hills High School, Barranca Elementary, and Sierra Vista Junior High.The property consists of a two story apartment building built in 1962, containing 4 units of approximately 3,100 square feet of living area. Which offers a superb mix of (2) 2 bedroom + 1 bath units, and (2) 1 bedroom + 1 bath units. There is also a front unit, which is a 2 story single family home built in 1925 with approximately 2,094 square feet of living area. The single family home offers 4 nice size bedrooms and 2.5 baths. The SFR would be perfect owner+GGs unit. Total building square footage of both is 5,194 approximately.Each unit is separately metered for electricity and gas. All units have individual water heaters. There is an onsite community laundry facility (Machines are owned). The apartment+GGs have wall heaters and air conditioners.There are 8 garage spaces. The units are situated on a lot size of 11,113 square feet. The units are located in a high demand area. Several blocks to the grocery store, other retail outlets. There are various dining options along Shoppers Land and Citrus Avenue. It is within close proximity to downtown Covina and accessible from the 10 Freeway. The Metro Link access is located on Citrus Avenue by downtown Covina. Given the location, attractive local area amenities.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-17T00:33:29.53. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/83163843

    309 E Puente Street Covina, CA 91723

    • Price: $1,550,000
    • Status: Active
    • ID#: CV18102050
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    5,194
    SQFT
    $298
    $/SQFT
    1925
    Built
    Neighborhood:
    614 - Covina
    County:
    Los Angeles
    Area:
    614 - Covina
    Property Description
    Great 5 unit non-rent controlled income property in the desirable City of Covina. The complex is situated in an area surrounded by other duplexes and SFR's. The schools for the area are South Hills High School, Barranca Elementary, and Sierra Vista Junior High.The property consists of a two story apartment building built in 1962, containing 4 units of approximately 3,100 square feet of living area. Which offers a superb mix of (2) 2 bedroom + 1 bath units, and (2) 1 bedroom + 1 bath units. There is also a front unit, which is a 2 story single family home built in 1925 with approximately 2,094 square feet of living area. The single family home offers 4 nice size bedrooms and 2.5 baths. The SFR would be perfect owner+GGs unit. Total building square footage of both is 5,194 approximately.Each unit is separately metered for electricity and gas. All units have individual water heaters. There is an onsite community laundry facility (Machines are owned). The apartment+GGs have wall heaters and air conditioners.There are 8 garage spaces. The units are situated on a lot size of 11,113 square feet. The units are located in a high demand area. Several blocks to the grocery store, other retail outlets. There are various dining options along Shoppers Land and Citrus Avenue. It is within close proximity to downtown Covina and accessible from the 10 Freeway. The Metro Link access is located on Citrus Avenue by downtown Covina. Given the location, attractive local area amenities.
    Exterior Features

    Carport Spaces 1.00 Garage Spaces 8.00 Lot Features Level With StreetLot 10000-19999 SqftLot-Level/Flat Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage - Single DoorGarage - Two Door Parking Total 9.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features CommunityIndividual Room

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsGuttersSuburban Country Us Electric Expense 300.00 Elevation Units Feet Fuel Expense 276.00 Gardener Expense 1800.00 Gross Income 0.00 Gross Scheduled Income 37740.00 Insurance Expense 1015.00 Land Lease YN No Laundry YN Yes Net Operating Income 0.00 New Construction YN No New Taxes Expense 19375.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 4 Number With Disposal 5 Number With Range 5 Operating Expense 0.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Sewer Paid Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 3145.00 Total Expenses 0.00 Trash Expense 668.00 Water Sewer Expense 1800.00 Water Source Public Year Built Source Assessor Zoning Cvr3-Rd2000*

    Listing provided courtesy of Scott Lee Bachmann of Re/Max Masters Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-17T00:33:29.53. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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