2426 South Nancy Street

West Covina, CA 91792

$1,625,000
Price
9
Beds
8
Baths
4,050 Sq. Ft.
$401 / Sq. Ft.
4,050
Sq. Ft.
$401
per Sq. Ft.

Description

We are delighted to present this well-maintained four-unit property in the desirable community of Woodbridge in West Covina, conveniently located within a short walking distance of three supermarkets, restaurants, and public transportation. This outstanding asset is right across to the community pool and comprises the following units: Unit 1: A spacious 3-bedroom, 1.5-bathroom unit featuring a large living room with a fireplace, a dining room, and a kitchen with ample cabinetry. This unit also offers...We are delighted to present this well-maintained four-unit property in the desirable community of Woodbridge in West Covina, conveniently located within a short walking distance of three supermarkets, restaurants, and public transportation. This outstanding asset is right across to the community pool and comprises the following units: Unit 1: A spacious 3-bedroom, 1.5-bathroom unit featuring a large living room with a fireplace, a dining room, and a kitchen with ample cabinetry. This unit also offers a private patio, a powder room downstairs, an upstairs bathroom with dual sinks, and an attached two-car garage. Unit 2: This is a 2-bedroom, 1.5-bathroom unit with a living room, dining room, and a good-sized kitchen. It also has a guest powder room downstairs, a full bath upstairs, a private patio, an attached one-car garage, and a covered carport. Unit 3: Similar in layout to Unit 2, this 2-bedroom, 1.5-bathroom unit includes an attached one-car garage and an additional uncovered parking space. Unit 4: A 2-bedroom, 1-bathroom unit featuring a living room, dining room, and a good-sized kitchen. It also has a shared full bath with an extra sink, a balcony, a one-car garage, and an uncovered parking space. Separate meters for electricity and gas
Individual laundry hookups
20% upside in rent
Long term tenants

Buyers are to cooperate with the seller’s 1031 exchange at no cost. This property is a gem in a sought-after community popular with renters, perfect for investors looking for a stable asset with appreciating value as an addition to their portfolio. The back of the building has the potential to build one ADU.
  1. Listed by Shawn Luong • DRE #00857818 • Brokerage DRE #02188471 • eXp Realty of Greater Los Angeles • 626-643-7090

Property Details for 2426 South Nancy Street

Parking Spaces Total
8
Private Pool
No
Cooling Type
Central Forced Air
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4050
Assessor Parcel Number
8735-010-013
LISTING UPDATED: 02/03/2025 04:54 AM

Property Details for 2426 South Nancy Street

StatusActive
MLS #CV24237683
Days on Market86
Taxes-
HOA Fees$225 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1978
Lot Size0.26 AC / 11,503 SF
CountyLos Angeles County

Virtual Tour

Building Information for 2426 South Nancy Street

Stories2Residences-Year Built1978Building Size-Lot Size0.26 AC / 11,503 SF

Property Information for 2426 South Nancy Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
  • Pets Allowed: Call For Rules
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $126,600
  • Vacancy Allowance: 3798
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $122,802
  • Net Operating Income: $89,677
  • Gross Multiplier: 12.83
  • Cap Rate: 5.52
Expense Details
  • Operating Expense: $35,125
  • Operating Expense Percent: 27.74%
  • New Taxes Expense: $21,782
  • Gardener Expense: $900
  • Insurance Expense: $2,300
  • Professional Management Expense: $5,943
  • Other Expense: $2,700
  • Other Expense Description: HOA dues
  • Trash Expense: $1,200
  • Water Sewer Expense: $3,000
  • Total Expenses: $13,343
Tax / Assessment Info
  • Tax Tract Number: 32339
  • CFD/Mello-Roos Fee: $2,968
  • Tax Lot: 11
Community / Development
Community / Development
  • Association Amenities: Pool, Clubhouse
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban
  • Complex Name: Woodbridge HOA
  • Association Name: Woodbridge HOA
Property / Structure Info
Interior Features
  • Interior Features: Balcony, Copper Plumbing Full
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Virtual Tour URL Unbranded: https://www.youtube.com/embed/v6dcAJaVSzk
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Shingle
  • Entry Location: living room
  • Foundation Details: Slab
  • Pool Features: Association, Community, In Ground
  • Pool Description: Association Pool, In Ground
  • Pool: Below Ground, Community/Common
Land/Lot Info
  • Lot Features: 21-25 Units/Acre, Gentle Sloping, Landscaped, Lot 6500-9999, Rectangular Lot, Near Public Transit
  • Direction Faces: West
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking: Yes
  • Parking Garage: Carport, Direct Entrance, Driveway, Garage - 1 Car, Garage - 2 Car
  • Parking Garage Spaces: 5
  • Carport Spaces: 3
  • Parking Features: Carport, Detached Carport, Direct Garage Access, Driveway, Asphalt, Garage Faces Side, Garage - Single Door, Garage - Two Door
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,148
  • Unit Type Total Rent: $2,148
  • Unit Type Pro Forma: 3100
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,150
  • Unit Type Total Rent: $2,150
  • Unit Type Pro Forma: 2550
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $1,800
  • Unit Type Pro Forma: 2550
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $1,800
  • Unit Type Pro Forma: 2550
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 2426 South Nancy Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2426 South Nancy Street

Taxable ValueLand$200,966Additions$200,966Total$401,932
Tax Record2024$7,715 ($643 / month)
Home Facts
Total Finished SqFt4,050 SqFtAbove Grade Finished SqFt4,050 SqFtLot Size11,500 SqFtStyleQuadraplexYear Built1978ZoningWCPCD1*CountyLOS ANGELESAPN8735-010-013

Schools near 2426 South Nancy Street

This home is within Rowland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Villacorta Elementary School
PublicK to 6

Giano Intermediate School
Public7 to 8

Nogales High School
Public9 to 12

Rowland Assistive Technology Academy
PublicK 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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2426 South Nancy Street is a multi-family home for sale in West Covina, CA 91792. This property was listed for sale on December 9, 2024 by eXp Realty of Greater Los Angeles, it's currently listed at $1,625,000. This listing's school district is Rowland Unified School District. Nearby schools include Villacorta Elementary School, Giano Intermediate School and Nogales High School. 2426 South Nancy Street is a 9-bed, 8-bath, 4,050 sqft multi-family home built in 1978.

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 eXp Realty of Greater Los Angeles, Shawn Luong, DRE #00857818

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.