$926,000 $4,971 est/mo Sourced by Back At You

2517 E Walnut Creek,West Covina, CA 91791

West Covina CA, 91791

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Description

This charming duplex nestled in the heart of West Covina, California. This property is a fantastic investment opportunity for both owner/users and investors looking to grow their portfolios. The front unit features 3 bedrooms and 1.5 bathrooms, while the second unit in the back boasts 3 bedrooms and 1 bathroom. Both units are spacious, with large living rooms and dining areas perfect for entertaining guests. The total living space is 1,891 square feet and the lot size is an ample 7,603 square feet. Built in 1954, this single-story duplex has been beautifully maintained with professional landscaping and features a sparkling swimming pool situated between the two units. The property is located within walking distance to South Hills High School and is conveniently located near shopping centers, parks, schools, and has easy access to freeways. This duplex comes with central air conditioning and the owner occupies the front unit, while the tenant occupies the back unit with under-market rent on a month-to-month basis. The up-to-date solar system save you huge electricity bill for hot summer in California. This presents an opportunity for a new owner to increase rent and maximize their return on investment. The gross scheduled income is estimated to be $63,960 with a CAP rate of 5.10%. Don't miss out on this once-in-a-lifetime opportunity to own this stunning duplex in the heart of West Covina, with excellent investment potential and better returns than traditional bank accounts or risky stock market investments. This property is a must-see!

Details

Listing IDTR23031203
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusPending
Days On Site437
Listing Provided ByRe/Max Champions | Steven Cheng

Features

PoolYes
Story(s)1
Units2
ZoningAssessor
Acreage0.17

Market Activity 91791

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Learn More About This Property

StateCA
CountyLos Angeles
CityWest Covina
Zip Code91791
Listing VS Median (in 91791)
Price:
$926,000
low | high
Med:
$899,000
52.915766738661% of Average
On Site:
437
low | high
Med:
27.000000
100% of Average
Sourced by Back At You
Listing Updated: April 6, 2023 at 8:12:06 PM PDT
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