819 N Grandview Avenue, COVINA, CA 91723  

Please check the documents tab to access the marketing package. Located in Covina, California, this low maintenance triplex offers (3)-1 bed / 1 bath units and offers an incoming cap rate north of 4%. Two of the three units have been fully renovated with washer/dryer hook-ups and new split system air-conditioners. With the rear unit in need of a renovation, the new owner may realize a rental bump of approximately $275 per month. The property sits on a quiet residential street and has easy access to restaurants, retailers, and Stater Bros. market. Furthermore, the property is in proximity to Kahler Russell Park and Charter Oak High School. This property is ideal for a buyer looking for the possibility to lock in a low interest rate thirty year loan with great cash flow for an investment of this size. With the upside presented in the back unit, the project offers promise of growth in a great neighborhood.

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  • Listing Type Multi-Family
  • Listing ID 819002220
  • Lot Size 6,720.00 sqft
  • Listing Status Active
  • Year Built 1956
  • County Los Angeles
  • Subdivision Not Applicable - 1007242
  • Floors 1
  • Units 3
  • Zoning CVR3-RD2000*
  • Taxes 8757.0
  • TaxID 8429019003
Listing courtesy of Casey Picard~Keller Williams Realty

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  2. Down Payment optional for VA Loans. No PMI is required.
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    *This option is for a conforming mortgage. For amounts exceeding $484,350, you may need a jumbo mortgage.

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Sold Info

Date Sold for * Help Change
05/20/2016 $485,000 +22.8%
12/04/2011 $395,000 N/A
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