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372 N Vecino DR Covina, CA 91723
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Key Details
Sold Price $720,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV14133010
Sold Date 08/01/14
HOA Y/N No
Year Built 1960
Tax Year 2013
Lot Size 7,361 Sqft
Property Description
We are pleased to exclusively offer for sale this 5 unit Multi-Family Investment Property in the desirable rental community of Covina. The subject property boasts a unit mix of ALL Two Bedroom units, one of which is an "Owner's Unit" with fireplace. Tenants enjoy onsite, covered car-port parking as well as an onsite laundry facility. At a 9% CASH ON CASH RETURN with market rents in place, this property will serve the next investor with substantial cash-flow.
Do not walk on the property nor disturb the tenants as they are unaware that the property is for sale.
Location
State CA
County Los Angeles
Area 614 - Covina
Zoning CVRD2000
Interior
Fireplace No
Exterior
Parking Features Assigned
Carport Spaces 5
Pool None
Community Features Curbs
Utilities Available Sewer Available
Total Parking Spaces 5
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story Two
Entry Level Two
Water Public
Level or Stories Two
Others
Tax ID 8429033024
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with KRISTOPHER GERMAN • RE/MAX 2000