Est. mensual: $12,033 Recalcular
Acerca de esta propiedad
Multifamiliar (2-4 unidades)Número de MLS: #CV24238095
For information on this apartment building, please call/text Nick Abbadessa: 909-292-7888Great opportunity to purchase a 14 unit apartment building near downtown Covina. The building offers eight 2-bedroom/1-bathroom units and six 1-bedroom/1-bathroom units. The exterior has been recently and completely repainted, and the parking and asphalt areas have been fully redone. The property features manicured grounds with a spacious interior courtyard for residents to enjoy.
One of the two-bedroom units is completely remodeled and currently unrented, with an estimated rental income of $2,200 per month. The remaining seven two-bedroom units are currently rented at $1,400 per month, and the one-bedroom units are rented at $1,240 per month.
The current gross income is $239,520, and with rent increases due in May, this will rise to $257,725.44. The operating income, factoring in the new property taxes at a rate of 1.25%, will be $69,225.60. Calculating with a 3% vacancy rate, the cap rate for this building is currently at 4.4%, which, with the upcoming rent increases in May, will increase to 4.9%.
Características de la propiedad
Antigüedad: | Más de 50 años de antigüedad |
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Amenidades: | Puerto, Sistema de riego |
Equipamiento: | Triturador de residuos, Cocina, Cocina - a gas |
Estilo arquitectónico: | Otro |
Sistema de refrigeración: | Equipos de aire acondicionado de ventana |
Tipo de fachada exterior: | Estuco |
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Escuela primaria
WORKMAN AVENUE ELEMENTARY SCHOOL
0.9
MillasVer detalle
Escuela secundaria (ciclo básico)
TRAWEEK MIDDLE SCHOOL
0.7
MillasVer detalle
Escuela secundaria (ciclo superior)
COVINA HIGH SCHOOL
0.4
MillasVer detalle
Otros escuelas cercanos | Distancia | Tipo | Grados/años | Califaciones |
---|---|---|---|---|
Firm Foundation Christian Academy | 0.3 mi | Private | KG-12 | |
Sacred Heart School | 0.7 mi | Private | KG-8 | |
Discovery Montessori Preschool Kindergarten | 0.8 mi | Private | PK-TKG | |
Barranca Elementary School | 0.8 mi | Public | KG-5 | B |
Cypress Elementary School | 0.9 mi | Public | KG-5 | B+ |
Sierra Vista Middle School | 1.0 mi | Public | 6-8 | C+ |
Covina-valley Learning Options Academy | 1.1 mi | Public | KG-12 | |
Christ Lutheran School | 1.1 mi | Private | PK-8 | |
Mt. Sac Early College Academy At West Covina | 1.2 mi | Public | 9-12 | A+ |
Northview High School | 1.3 mi | Public | 9-12 | B- |
Fairvalley High (continuation) | 1.4 mi | Public | 9-12 | D- |
Ben Lomond Elementary School | 1.4 mi | Public | KG-5 | B |
Grovecenter Elementary School | 1.4 mi | Public | KG-5 | A- |
Mesa Elementary School | 1.4 mi | Public | KG-5 | B+ |
Rowland Avenue Elementary School | 1.4 mi | Public | KG-5 | B- |
Las Palmas Middle School | 1.5 mi | Public | 6-8 | B |
Kindercare Learning Center #219 | 1.5 mi | Private | PK-KG |