2426 Nancy Street S
West Covina, CA 91792
0.26 acres | #CV24237683
Description
We are delighted to present this well-maintained four-unit property in the desirable community of Woodbridge in West Covina, conveniently located within a short walking distance of three supermarkets, restaurants, and public transportation. This outstanding asset is right across to the community pool and comprises the following units:
***Unit 1: A spacious 3-bedroom, 1.5-bathroom unit featuring a large living room with a fireplace, a dining room, and a kitchen with ample cabinetry. This unit also offers a private patio, a powder room downstairs, an upstairs bathroom with dual sinks, and an attached two-car garage.
***Unit 2: This is a 2-bedroom, 1.5-bathroom unit with a living room, dining room, and a good-sized kitchen. It also has a guest powder room downstairs, a full bath upstairs, a private patio, an attached one-car garage, and a covered carport.
***Unit 3: Similar in layout to Unit 2, this 2-bedroom, 1.5-bathroom unit includes an attached one-car garage and an additional uncovered parking space.
***Unit 4: A 2-bedroom, 1-bathroom unit featuring a living room, dining room, and a good-sized kitchen. It also has a shared full bath with an extra sink, a balcony, a one-car garage, and an uncovered parking space.
Separate meters for electricity and gas
Individual laundry hookups
20% upside in rent
Long term tenants
Buyers are to cooperate with the seller’s 1031 exchange at no cost.
This property is a gem in a sought-after community popular with renters, perfect for investors looking for a stable asset with appreciating value as an addition to their portfolio. The back of the building has the potential to build one ADU.
Property Details
- Lot DescriptionTwentyOneToTwentyFiveUnitsAcre, GentleSloping, Landscaped, NearPublicTransit, RectangularLot
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$1,625,000
- MLS #CV24237683
- Property SubtypeQuadruplex
- MLS #CV24237683
- InteriorBalcony
- Cost1625000
- Acres0.2641
- Utility SourcePublic
- Year Built1978
- FoundationSlab
- Hoa Fees225
- Stories2
- Parking Spaces5
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Shawn Luong (#c19517)
Listing Office: eXp Realty of Greater Los Angeles (#52883)
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