We are pleased to exclusively offer for sale this 5 Unit “value-add” opportunity in the city of Covina. Comprised of 100% Two-Story Townhouse style units, the unit mix consists of: (1) 3-Bedroom / 1.5-Bath Townhouse &' (4) 2-Bedroom / 1.5-bath Townhouse style units. Each unit is approximately 1,000 sqft., providing spacious layouts well-suited for stable, long-term tenancy.
Tenants benefit from gated entry, covered enclosed parking, private patios, and access to an on-site laundry facility. All units are individually metered for gas and electricity, allowing for efficient utility management.
With 50% upside in rental income, a prime rental location, and desirable unit mix, this property offers an ideal value-add opportunity. Ideally located in a private cul-de-sac just minutes from Downtown Covina, the subject property offers access to restaurants, shopping, and nightlife
Tenants benefit from gated entry, covered enclosed parking, private patios, and access to an on-site laundry facility. All units are individually metered for gas and electricity, allowing for efficient utility management.
With 50% upside in rental income, a prime rental location, and desirable unit mix, this property offers an ideal value-add opportunity. Ideally located in a private cul-de-sac just minutes from Downtown Covina, the subject property offers access to restaurants, shopping, and nightlife
Property Details
Price:
$1,525,000
MLS #:
CV25081553
Status:
Active
Baths:
0
Address:
673 S Eremland Drive
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
614covina
City:
Covina
Listed Date:
Apr 14, 2025
State:
CA
ZIP:
91723
Lot Size:
9,315 sqft / 0.21 acres (approx)
Year Built:
1961
See this Listing
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Exterior
Community Features
Sidewalks, Street Lights
Fencing
Brick, Wood
Garage Spaces
6.00
Lot Features
0-1 Unit/ Acre
Parking Features
Garage, Garage Faces Rear
Parking Spots
6.00
Pool Features
None
Roof
Shingle
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available
Map
Community
- Address673 S Eremland Drive Covina CA
- Area614 – Covina
- CityCovina
- CountyLos Angeles
- Zip Code91723
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673 S Eremland Drive
Covina, CA
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