$1,020,000
$1,099,000
7.2%For more information regarding the value of a property, please contact us for a free consultation.
206 N Grandview Covina, CA 91723
7,697 Sqft Lot
Key Details
Sold Price $1,020,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV26056663
Sold Date 06/08/26
Construction Status Turnkey
HOA Y/N No
Year Built 1959
Lot Size 7,697 Sqft
Property Sub-Type Quadruplex
Property Description
Welcome to Grandview Ave., we are proud to exclusively represent this well-kept 4-unit multifamily investment opportunity in the highly sought-after city of Covina. This property is comprised of 4 spacious 2-bedroom 1-bath units, with over 750 sqft. each. Each 2-bedroom unit offers a spacious and open floor plan. The property has a centrally located laundry room that can be used to generate additional income and increase the bottom line. Recent upgrades to the property includes granite counter tops in the kitchens an dual pane windows. The current rents are well below market rates, which could be a great upside for a savvy investor to greatly increase cash flow. The property is located in the South Hills school district providing residents kids with a great education. This area has a strong rental market with consistent demand and long-term stability. All the units are currently rented on month to month duration.
Location
State CA
County Los Angeles
Area 614 - Covina
Interior
Interior Features Granite Counters
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile, Wood
Fireplaces Type None
Fireplace No
Appliance Gas Range, Gas Water Heater
Laundry Common Area
Exterior
Parking Features Carport
Carport Spaces 5
Fence Chain Link, Wood
Pool None
Community Features Dog Park, Street Lights, Sidewalks, Park
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
View Y/N Yes
View Mountain(s)
Roof Type Composition,Shingle
Total Parking Spaces 7
Private Pool No
Building
Lot Description Near Park, Near Public Transit, Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 8429030003
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Lonnie Andre RE/MAX MASTERS REALTY
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