645 S Eremland Drive, Covina, CA 91723

About this property

Lee & Associates Apartment Advisors is pleased to present Eremland Apartments in Covina, CA. Located at 645 S. Eremland Drive, the five unit apartment community was built in 1956. The unit mix is comprised of two x one bedroom/one bath and three x two bedroom/one bath units. The property is located on a quiet cul de sac street and situated on a 7,105 square foot parcel. The units are separately metered and the on-site laundry machines are owned. A new central water heater was installed in 2022, and the staircase was recently replaced. The property is subject to AB 1482 state rent caps which allow for annual rent increases of a minimum of 5% and maximum of 10%. Long term tenants. Please do not disturb tenants or walk on property.

Listing description from the May 2024 sale, as reported to CRMLS.

Sale history

$1,525,000

Sold May 2024 · on market February 2024 · MLS #24359121 · Source: CRMLS

Listing Agent: Robert Leveen · Listing Office: Robert Leveen · Contact: 213-995-6684 · Bought with: Allen Quach · CBD Investment Inc T.C.

$1,300,000

Sold October 2018 · listed $1,380,000, on market May 2018 · MLS #TR18122395 · Source: CRMLS

Listing Agent: Jared Leung · Listing Office: MacroReal Inv Grp Inc. · Contact: 626-898-5868 · Bought with: Robert Leveen · Mark Konopaske

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