Covina, CA 91723,327 N Prospero DR
Covina, CA 91723,327 N Prospero DR
Covina, CA 91723,327 N Prospero DR
8
See all 8 photos
$1,975,000
Est. payment /mo
Save
7,744 Sqft Lot
New

327 N Prospero DR Covina, CA 91723

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Tue
22
Apr
Wed
23
Apr
Thu
24
Apr

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25082530

HOA Y/N No

Year Built 1963

Lot Size 7,744 Sqft

Property Sub-Type Apartment

Property Description

We are pleased to exclusively present this rare value-add 7-unit multifamily investment opportunity in the highly sought-after city of Covina. The property is comprised of a desirable unit mix featuring mostly two-story townhouse-style layouts, including (2) 3-bedroom / 1.5-bath units, (2) 2-bedroom / 1.5-bath units, and (3) 2-bedroom / 1.5-bath single-level units. Each unit offers a spacious and functional floor plan, averaging approximately 1,100 square feet—an uncommon feature for buildings of this era.

Residents enjoy a gated entry, covered parking, private patios or balconies, and the convenience of an on-site laundry facility. Each unit is individually metered for gas and electricity, allowing for simplified utility management and reduced operating expenses.


With over 50% rental upside, this asset presents a compelling opportunity for investors to reposition the property and significantly increase cash flow. Located in a strong rental market with consistent demand, this well-located and generously sized property is ideal for the value-driven investor seeking long-term growth and stability.

Location

State CA

County Los Angeles

Area 614 - Covina

Zoning CVRD2000*

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type Living Room

Fireplace Yes

Laundry Common Area

Exterior

Parking Features Carport

Carport Spaces 6

Fence Wood

Pool None

Community Features Street Lights, Sidewalks

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

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 8429032010

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Kristopher German • RE/MAX 2000 REALTY • 909-645-0443

GET MORE INFORMATION

agent

Karen Anderson

Broker Associate | License ID: 01224307

+1(310) 251-2883

Name
Phone*
Message

Go tour this home

327 N Prospero DR