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829 N Grandview Avenue, Covina, CA 91723

Triplex · 2 recorded sales since 2014

829 N Grandview Avenue, Covina, CA 91723 Sold January 2017 CRMLS
$735,000Sold January 2017

Listing Agent: Tony Parise (DRE #01879358) · Listing Office: Reliance Real Estate Services · Contact: 714-255-1554 · Bought with: Tony Parise · Reliance Real Estate Services · MLS #PW16763197 · Source: CRMLS

6,988 sqft
Lot Size
1957
Year Built
Triplex
Type
2
Garage
WallWindowUnits
Cooling
WallFurnace
Heating

About this triplex

Great investment opportunity! Beautiful and well maintained triplex shows pride of ownership. This triplex offers 3 units, 1 upper unit has 1 bedroom 1 bath with a nice balcony and views of the mountains. Two lower level units both have 2 bedrooms and 1 bath. All units have been upgraded with new kitchen and remodeled bathrooms, newer windows, electrical and copper plumbing have also been updated. Complex offers nice size front yard and private backyard. Property also features onsite laundry room with coin operated machines, plenty of parking in driveway as well as a separate detached 2 car garage. 
 
 The property has potential to add value by increasing rents to current market values as leases expire. Current tenants are on a month to month contract. Complex is located in an highly desirable location within the South Hills School District. Unit is very close to schools, shopping centers and freeways. Covina has become a very lucrative income property market for investors as rentals are demanding in this area. This is an excellent opportunity, don't miss out on this great investment. Complex has great rental history with long term tenants.

Listing description from the January 2017 sale, as reported to CRMLS.

Sale history

$735,000
Sold January 2017 · on market December 2016 · MLS #PW16763197 · Source: CRMLS
Listing Agent: Tony Parise · Listing Office: Reliance Real Estate Services · Contact: 714-255-1554 · Bought with: Tony Parise · Reliance Real Estate Services
$565,000
Sold November 2014 · listed $579,900, orig. $599,900, on market September 2014 · MLS #CV14200606 · Source: CRMLS
Listing Agent: LUIS SEQUEIRA · Listing Office: RE/MAX MASTERS REALTY · Contact: 626-967-1779 · Bought with: Tony Parise · Prudential California Realty
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