2225 W Merced AVE new Save Request In-Person Tour Request Virtual Tour
West Covina,CA 91790
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR25260157
HOA Y/N No
Year Built 1939
Lot Size 0.458 Acres
Property Sub-Type Duplex
Property Description
Prime duplex investment opportunity in West Covina, conveniently located near the 10 Freeway. The front unit features 3 bedrooms and 2 bathrooms with partial renovations, a wall AC unit, and wall heater. The rear unit offers 1 bedroom and 1 bathroom, ideal for additional rental income.
Both units are tenant-occupied with reliable, on-time payments. Current rents are $3,000/month (front) and $1,600/month (rear), generating a total of $4,600/month with a 3.5% cap rate. The property also boasts a gigantic yard, offering excellent potential for future development or expansion.
Don't miss this rare chance to acquire a well-located, income-producing duplex with long-term upside.
Location
State CA
County Los Angeles
Area 669 - West Covina
Rooms
Other Rooms Guest House
Interior
Interior Features Ceiling Fan(s),Recessed Lighting,All Bedrooms Down
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplaces Type Family Room
Fireplace Yes
Appliance Dishwasher,Gas Range,Microwave,Water Heater
Laundry Washer Hookup,Gas Dryer Hookup,Laundry Room
Exterior
Exterior Feature Lighting
Parking Features Driveway,Garage
Garage Spaces 1.0
Garage Description 1.0
Fence Wire
Pool None
Community Features Storm Drain(s),Street Lights,Suburban
Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Y/N No
View None
Roof Type Shingle
Accessibility None
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre
Faces Southwest
Story 1
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories One
Additional Building Guest House
New Construction No
Others
Senior Community No
Tax ID 8468001047
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash to New Loan,Conventional
Listing Terms Cash to New Loan,Conventional
Special Listing Condition Standard