204 South Bandy Avenue

West Covina, CA 91790

$1,600,000
Price
12
Beds
6
Baths
4,611 Sq. Ft.
$347 / Sq. Ft.
4,611
Sq. Ft.
$347
per Sq. Ft.

Description

Presenting an excellent investment opportunity, this two-story, 6-unit apartment building ideally situated in a prime West Covina location. There are six 2-bed, 1-bath units, featuring solar hot water, individual gas and electric meters, along with a dedicated 1-car garage and a laundry room in the complex. The property is surrounded by lush greenery, providing a serene environment for residents. Its location near Plaza West Covina, a famous bakery, cinemas, and the 10 freeway makes it an attractive...Presenting an excellent investment opportunity, this two-story, 6-unit apartment building ideally situated in a prime West Covina location. There are six 2-bed, 1-bath units, featuring solar hot water, individual gas and electric meters, along with a dedicated 1-car garage and a laundry room in the complex. The property is surrounded by lush greenery, providing a serene environment for residents. Its location near Plaza West Covina, a famous bakery, cinemas, and the 10 freeway makes it an attractive choice for tenants. Potential cap rate could be 4.63%. Buyers and/or their agent to complete their own due diligence in regard to all aspects of the property, including but not limited to income, expenses, and potential rents, etc.
  1. Listed by THE MARK AND AL TEAM • DRE #00914322 • Brokerage DRE #01849354 • CENTURY 21 MASTERS • offers@markandal.com

Property Details for 204 South Bandy Avenue

Parking Spaces Total
6
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4611
Assessor Parcel Number
8476-013-004
LISTING UPDATED: 09/04/2024 09:44 AM

Property Details for 204 South Bandy Avenue

StatusActive
MLS #CV24180732
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1959
Lot Size0.17 AC / 7,357 SF
CountyLos Angeles County

Building Information for 204 South Bandy Avenue

Stories2Residences-Year Built1959Building Size-Lot Size0.17 AC / 7,357 SF

Property Information for 204 South Bandy Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $102,036
  • Gross Scheduled Income: $102,036
  • Net Operating Income: $66,036
  • Laundry Income: $960
  • Cap Rate: 4.13
Expense Details
  • Operating Expense: $36,960
  • Gardener Expense: $3,120
  • Fuel Expense: $0
  • Electric Expense: $842
  • Insurance Expense: $4,380
  • Maintenance Expense: $1,728
  • Professional Management Expense: $4,557
  • Other Expense: $1,887
  • Other Expense Description: Gas
  • Trash Expense: $4,012
  • Water Sewer Expense: $4,012
  • Supplies Expense: $981
  • Total Expenses: $41,517
Tax / Assessment Info
  • Tax Tract Number: 19612
  • Tax Census Tract: 4065.00
  • Tax Lot: 14
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community, Individual Room
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Lawn, Yard
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: See Remarks
  • Sewer: Unknown
  • Water Source: See Remarks
Parking Info
  • Garage Spaces: 6
  • Parking: Yes
  • Parking Garage: Assigned, Garage
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
  • Parking Features: Assigned, Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $966
  • Unit Type Total Rent: $966
  • Unit Type Pro Forma: 1043
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,782
  • Unit Type Total Rent: $1,782
  • Unit Type Pro Forma: 1924
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,512
  • Unit Type Total Rent: $1,782
  • Unit Type Pro Forma: 1632
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,404
  • Unit Type Total Rent: $1,404
  • Unit Type Pro Forma: 1516
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,765
  • Unit Type Total Rent: $1,765
  • Unit Type Pro Forma: 1906
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,074
  • Unit Type Total Rent: $1,074
  • Unit Type Pro Forma: 1159
  • Unit Type Type: 6
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1

Property History for 204 South Bandy Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 204 South Bandy Avenue

Taxable ValueLand$275,238Additions$225,563Total$500,801
Tax Record2023$7,692 ($641 / month)
Home Facts
Total Finished SqFt4,611 SqFtAbove Grade Finished SqFt4,611 SqFtLot Size7,357 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningWCR3-MF20*CountyLOS ANGELESAPN8476-013-004

Schools near 204 South Bandy Avenue

This home is within West Covina Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Cameron Elementary School
PublicK to 5

Edgewood Middle School
Public6 to 8

Edgewood High School
Public9 to 12

West Covina High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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204 South Bandy Avenue is a mixed use property for sale in West Covina, CA 91790. This property was listed for sale on September 4, 2024 by CENTURY 21 MASTERS, it's currently listed at $1,600,000. This listing's school district is West Covina Unified School District. Nearby schools include Cameron Elementary School, Edgewood Middle School and Edgewood High School. 204 South Bandy Avenue is a 12-bed, 6-bath, 4,611 sqft mixed use property built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CENTURY 21 MASTERS, THE MARK AND AL TEAM, DRE #00914322

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.