Cecilia Realty

West Covina LP: $948,000

For Sale Active

Primary Type: Multifamily Duplex/Triplex/Fourplex No. Units: 4 Building Size: 4,050 SF Lot Size: 9,248 SF Occupancy: 100.00% Price: $948,000 Price/Unit: $237,000.00 Cap Rate: 4.06% Year Built: 1977

Financial Summary

Actual

Year: 2005 Scheduled Gross Income: $57,600 Vacancy: $0 Effective Gross Income: $57,600 Taxes: $4,977 Insurance: $1,108 Other Expenses: $5,498 Total Expenses: $11,583 Net Operating Income: $46,017

Unit Mix Information

3 bd/1.5 ba No. Units: 1 Avg. Mo. Rent: $1,500 2 bd/1.5 ba No. Units: 2 Avg. Mo. Rent: $1,000 2 bd/1.5 ba No. Units: 3 Avg. Mo. Rent: $1,100 2 bd/1.25 ba No. Units: 4 Avg. Mo. Rent: $1,200

Property Description:
Good Income Property. Built in 1977 all units have central air & heat, own laundry hook-up. All units have attached garage with new roll up door & opener. Unit 1,2,3 are townhouse style. Unit 4 is upstairs with own garage below. New copper plumbing (2006) throughout. New installed security lights on side & back yards. Newly painted (2005).