20
See all 20 photos
$1,000,000
Est. payment /mo
4 Beds
0.46 Acres Lot
Active
2225 W Merced Avenue West Covina, CA 91790
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR25260157
Bedrooms 4
Lot Size 0.458 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Prime duplex investment opportunity in West Covina, conveniently located near the 10 Freeway. The front unit features 3 bedrooms and 2 bathrooms with partial renovations, a wall AC unit, and wall heater. The rear unit offers 1 bedroom and 1 bathroom, ideal for additional rental income. 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. Dont miss this rare chance to acquire a well-located, income-producing duplex with long-term upside.
Location
State CA
County Los Angeles
Zoning Assessor
Direction https://maps.app.goo.gl/HCcJMRhtJk6gs12r9
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 8468001047
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Ian Ho A + Realty & Mortgage
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