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ResidentialIncome — 206 N Grandview, Covina, CA

$1,099,000

206 N Grandview, Covina, CA

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About this property

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.

Property details

Year built
1959
Property type
ResidentialIncome

Location

206 N Grandview • Covina, CA 91723

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Listed by

Lonnie Andre · RE/MAX MASTERS REALTY