Presenting a prime 11-unit multifamily asset located at 149 South Bandy Avenue in the heart of West Covina, California. This garden-style community, originally constructed in 1961, sits on a spacious 10,710-square-foot lot with approximately 8,026 rentable square feet. The property features a highly
desirable unit mix consisting of six one-bedroom/one-bathroom units, four two-bedroom/one-bathroom units, and a unique three-bedroom/two-bathroom cottage. To the benefit of ownership, all units are individually metered for gas and electricity.
The asset has been meticulously maintained with several units modernized with contemporary flooring, new kitchen cabinetry, and granite countertops. Residents enjoy essential amenities such as an on-site laundry facility, wall air-conditioning, and 11 dedicated parking spaces supplemented by ample street parking. Additionally, the property includes a private storage room specifically for the owner's use, providing a convenient space for maintenance supplies or equipment.
Situated within walking distance of Plaza West Covina and Edwards Theatre, the property is perfectly positioned to benefit from the area’s premier retail and entertainment offerings. The location offers exceptional regional access, situated just 0.6 miles from the Interstate 10 Vincent Avenue exit and 3.4 miles from the Covina Metrolink Station. The property also serves a diverse tenant base due to its proximity to West Covina High School, Mt. San Antonio College, and Cal Poly Pomona. This investment offering represents a rare opportunity to acquire a stabilized asset in one of the San Gabriel Valley’s strongest rental markets, providing a sophisticated investor with both immediate cash flow and significant long-term appreciation potential.
142 days
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78
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3
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Zillow last checked:
Listing updated:
Listed by:
Jo LinDRE #020729966262630132,
IRN REALTY
Source: CRMLS,MLS#: WS26058434Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 17
Bathrooms: 12
Cooling
Wall/Window Unit(s)
Appliances
Laundry: Common Area
Features
Common walls with other units/homes: 2+ Common Walls
Source: Remax Commercial and Investment Realty #15929789Report a problem
8/31/2015
Price change
$1,880,000-5.1%$234/sqft
Source: Remax Commercial and Investment Realty #15929789Report a problem
8/6/2015
Listed for sale
$1,980,000$247/sqft
Source: Remax Commercial and Investment Realty #15929789Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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