Property listed by Maywood Property Group, Nicholas Hayner 310-650-9696
$26,000,000
**SELLER FINANCING**4-5% INTEREST ONLY 7-10 YEARS ONLY $5.5-6M DOWN Maywood Property Group is pleased to present this 76-unit garden-style apartment community in high-demand West Covina. A rare gem offering scale, stability, and true upside on an exceptional 5.5-acre parcel, an extraordinary find in land-starved Los Angeles… Read More County.With all new roofs and windows installed in the last 56 years, copper plumbing, and updated electrical sub-panels in over 70% of units, the property is well-positioned for long-term, low-maintenance ownership. A large, unused section of land in the northeast corner presents prime development or detached ADU potential, adding another layer of value. Typically reserved for institutional players, this asset is uniquely accessible thanks to attractive seller financing with minimal down payment requirements. Strong in-place cash flow and clear rental upside make this offering a standout opportunity in one of LA County's most competitive rental markets. Read Less
Listing Snapshot
Days Online
1
Last Updated
Property Type
Other
Beds
99
Square Ft.
73,826
Lot Size
5.23 Acres
Year Built
1978
MLS Number
25571751
30 Days Snapshot Of 91792
$719k
-11%
(avg) sold price
8
-33%
homes sold
88
+31%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Refrigerator
Building
Built in 1978, Building area total: 73,826, Levels: MultiSplit, Living area: 73826, 5 buildings
Heating
WallFurnace
Income
Gross income: $178,248, Net operating income: $1,478,338
Interior Features
CeilingFans
Lot
5.2276 acres, 227,714 square feet, Size: 227,714
Parking
Covered
Property
Zoning: WCMF15*
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Based on information from California Regional Multiple Listing Service, Inc. as of 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.
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