2355 East Garvey Avenue North

West Covina, CA 91791

$2,000,000
Price
12
Beds
8
Baths
5,868 Sq. Ft.
$341 / Sq. Ft.
5,868
Sq. Ft.
$341
per Sq. Ft.
front view of a house with a street
a view of a house with a wooden deck
a view of a chairs and table in patio
a view of a patio with table and chairs under an umbrella
a view of outdoor space with seating area
a utility room with a washer and dryer

Description

Easy to manage 8-unit apartment located in West Covina. Convenient access to Freeway 10 and shopping centers. There are 2 buildings with 4 units in each building: 2 bed/1 bath x 4 units AND 1 bed/1 bath x 4 units. 100% leased with upside rent income potential. Onsite laundry facility provides extra income. Assigned parking: 6 carport and 6 uncovered parking spaces. Most units were remodeled and upgraded with newer window AC units. Property sold in as-is condition.Easy to manage 8-unit apartment located in West Covina. Convenient access to Freeway 10 and shopping centers. There are 2 buildings with 4 units in each building: 2 bed/1 bath x 4 units AND 1 bed/1 bath x 4 units. 100% leased with upside rent income potential. Onsite laundry facility provides extra income. Assigned parking: 6 carport and 6 uncovered parking spaces. Most units were remodeled and upgraded with newer window AC units. Property sold in as-is condition.
  1. Listed by Yale Huang • DRE #01109851 • Brokerage DRE #01521260 • AC REAL ESTATE SERVICES, INC. • 909-581-4528
  2. Listed by Angela Chu • DRE #01322834 • Brokerage DRE #01521260 • AC REAL ESTATE SERVICES, INC.

Property Details for 2355 East Garvey Avenue North

Architectural Style
Traditional
View
None
Parking Spaces Total
12
Private Pool
No
Cooling Type
Wall/Window
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
LISTING UPDATED: 08/30/2024 03:30 PM

Property Details for 2355 East Garvey Avenue North

StatusActive
MLS #CV24177400
Days on Market71
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1959
CountyLos Angeles County

Building Information for 2355 East Garvey Avenue North

Building/Complex2355 E Garvey Ave NFloor-Stories2Residences-Pet Policy-Year Built1959Building Size-

Property Information for 2355 East Garvey Avenue North

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Insurance
Income / Expense / Tax Details
Income Details
  • Gross Income: $116,530
  • Gross Scheduled Income: $9,623
  • Net Operating Income: $78,225
  • Laundry Income: $1,054
  • Current Financing: None
Expense Details
  • Operating Expense: $38,305
  • Gardener Expense: $805
  • Licenses Expense: $250
  • Electric Expense: $997
  • Insurance Expense: $2,951
  • Maintenance Expense: $3,000
  • Professional Management Expense: $0
  • Trash Expense: $5,671
  • Water Sewer Expense: $4,243
  • Total Expenses: $38,305
Tax / Assessment Info
  • Tax Tract Number: 20181
  • Tax Census Tract: 4064.13
  • CFD/Mello-Roos Fee: $2,959
  • Tax Lot: 53
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Microwave
  • Equipment: Community, Microwave, Room
  • Interior Features: Ceiling Fan(s)
  • Room Type: Family Room, Kitchen
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Community, Individual Room
  • Laundry Equipment Own Lease: Lease
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Laminate, Vinyl
Exterior Features
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Gated Community, Smoke Detector(s)
  • Security: Gated Community
  • Construction Materials: Drywall Walls
  • Exterior Features: Lighting
  • Roof: Shingle
  • Entry Location: Front
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Block, Chain Link
  • Property Condition: Updated/Remodeled
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Front Yard, Landscaped, Sprinkler System
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: Access Road
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity - On Property, Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned, Parking Space, Private
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 0
  • Carport Spaces: 6
  • Parking Features: Assigned, Covered, On Site, Parking Space, Private
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Partially
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,030
  • Unit Type Total Rent: $1,030
  • Unit Type Pro Forma: 1300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Partially
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,320
  • Unit Type Total Rent: $1,320
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Partially
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,378
  • Unit Type Total Rent: $1,378
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Partially
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,039
  • Unit Type Total Rent: $1,039
  • Unit Type Pro Forma: 1300
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Partially
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,315
  • Unit Type Total Rent: $1,315
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Partially
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,092
  • Unit Type Total Rent: $1,092
  • Unit Type Pro Forma: 1300
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Partially
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,092
  • Unit Type Total Rent: $1,092
  • Unit Type Pro Forma: 1300
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Partially
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,357
  • Unit Type Total Rent: $1,357
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 8
Unit Information
  • Number Of Units Leased: 8
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 0
  • Number With Dishwasher: 0
  • Number With Range: 8
  • Number With Refrigerator: 8
  • Number With Disposal: 8
  • Number With Patio: 0
  • Number Wall AC: 8

Property History for 2355 East Garvey Avenue North

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2355 East Garvey Avenue North

Taxable ValueLand$841,275Additions$595,698Total$1,436,973
Tax Record2024$19,640 ($1,637 / month)
Home Facts
Total Finished SqFt5,868 SqFtAbove Grade Finished SqFt5,868 SqFtLot Size11,899 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningWCR3-MF20*CountyLOS ANGELESAPN8453-026-029

Schools near 2355 East Garvey Avenue North

This home is within Covina-Valley Unified School District.
Rating
School
Type
Grades
Distance
Workman Avenue Elementary School
Public - K to 5
Traweek Middle School
Public - 6 to 8
Covina High School
Public - 9 to 12
Fairvalley High (Continuation) School
Public - 9 to 12
Rating
School
Distance
Workman Avenue Elementary School
PublicK to 5

Traweek Middle School
Public6 to 8

Covina High School
Public9 to 12

Fairvalley High (Continuation) 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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More information about 2355 East Garvey Avenue North, West Covina, CA 91791

2355 East Garvey Avenue North is a multi-family home for sale in West Covina, CA 91791. This property was listed for sale on August 28, 2024 by AC REAL ESTATE SERVICES, INC., it's currently listed at $2,000,000. It has been on the market for a total of 71 days and was last sold on October 11, 2013. This listing's school district is Covina-Valley Unified School District. Nearby schools include Workman Avenue Elementary School, Traweek Middle School and Covina High School. 2355 East Garvey Avenue North is a 12-bed, 8-bath, 5,868 sqft multi-family home 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 AC REAL ESTATE SERVICES, INC., Yale Huang, DRE #01109851; AC REAL ESTATE SERVICES, INC., Angela Chu, DRE #01322834

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.