Price
$ 13,999,999
4540 N Lark Ellen Avenue, Covina, CA 91722  

4540 N Lark Ellen Avenue, Covina, CA 91722  

We are pleased to present this unique opportunity to acquire forty-four two bedroom one bathroom units situated in the thriving Covina market. This asset extends the opportunity for a new investor to capitalize on healthy current rents with nearly 20% upside potential. The owner has meticulously maintained the property, it is in outstanding condition. The building features an abundance of parking (73 spaces). Lush landscaping throughout, inviting pool and spa area, separate barbecue pit and a relaxing gazebo within the common area. Large laundry room which produces significant income. The asset is situated within walking distance to Northview High School and Lark Ellen Elementary school. This outstanding location is also in close proximity to many other local amenities and freeways.

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  • Listing Type Multi-Family
  • Listing ID SB19083270
  • Lot Size 1.38 acres
  • Listing Status Active
  • Year Built 1984
  • County Los Angeles
  • Units 44
  • Zoning LCC1*
  • TaxID 8420006016
Listing courtesy of Mason Rowland~Lyon Stahl Investment Real Estate, Inc.

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