West Covina, CA 91790,2225 W Merced Avenue
West Covina, CA 91790,2225 W Merced Avenue
West Covina, CA 91790,2225 W Merced Avenue
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$1,000,000
Est. payment /mo
4 Beds
0.46 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR25260157

Bedrooms 4

Lot Size 0.458 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Prime duplex investment opportunity in West Covina, conveniently located near the 10 Freeway. The front unit features 3 bedrooms and 2 bathrooms with partial renovations, a wall AC unit, and wall heater. The rear unit offers 1 bedroom and 1 bathroom, ideal for additional rental income. Both units are tenant-occupied with reliable, on-time payments. Current rents are $3,000/month (front) and $1,600/month (rear), generating a total of $4,600/month with a 3.5% cap rate. The property also boasts a gigantic yard, offering excellent potential for future development or expansion. Dont miss this rare chance to acquire a well-located, income-producing duplex with long-term upside.

Location

State CA

County Los Angeles

Zoning Assessor

Direction https://maps.app.goo.gl/HCcJMRhtJk6gs12r9

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 8468001047

Acceptable Financing Conventional

Listing Terms Conventional


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MLS Router / San Diego MLS
Listed by Ian Ho A + Realty & Mortgage

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Mike Jones

Mike Jones

+1(480) 326-9233

Agent | CA BRE #01094232

Agent CA BRE #01094232

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