673 S Eremland DR new Save Request In-Person Tour Request Virtual Tour
Covina,CA 91723
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25081553
HOA Y/N No
Year Built 1961
Lot Size 9,313 Sqft
Property Sub-Type Apartment
Property Description
We are pleased to exclusively offer for sale this 5 Unit “value-add” opportunity in the city of Covina. Comprised of 100% Two-Story Townhouse style units, the unit mix consists of: (1) 3-Bedroom / 1.5-Bath Townhouse & (4) 2-Bedroom / 1.5-bath Townhouse style units. Each unit is approximately 1,000 sqft., providing spacious layouts well-suited for stable, long-term tenancy.
Tenants benefit from gated entry, covered enclosed parking, private patios, and access to an on-site laundry facility. All units are individually metered for gas and electricity, allowing for efficient utility management.
With 50% upside in rental income, a prime rental location, and desirable unit mix, this property offers an ideal value-add opportunity. Ideally located in a private cul-de-sac just minutes from Downtown Covina, the subject property offers access to restaurants, shopping, and nightlife
Location
State CA
County Los Angeles
Area 614 - Covina
Zoning CVR3-RD1500*
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Parking Features Garage,Garage Faces Rear
Garage Spaces 6.0
Garage Description 6.0
Fence Brick,Wood
Pool None
Community Features Street Lights,Sidewalks
Utilities Available Electricity Available,Natural Gas Available,Sewer Available,Water Available
View Y/N No
View None
Roof Type Shingle
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 8451003030
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard