7 Units | Covina
Announcing an extraordinary investment opportunity expertly curated by the Southern California Apartment Group, led by Shant Sherbetdjian, now successfully sold. This recent transaction unveils a coveted 7-unit property nestled in the vibrant East San Gabriel Valley of Covina. Featuring a diverse mix of spacious 1, 2, and 3-bedroom residences, this property made its mark on the market under Shant's adept direction. Constructed in 1988 across two parcels on a generous double lot, each unit boasted garage parking, central A/C, and heat. With a blend of townhouse-style and one-bedroom units, this property promised both pride of ownership and high rental demand. Its strategic location within walking distance of shops, restaurants, parks, and schools made it an appealing investment. Sold under the purview of the Statewide AB1482 Rent Ordinance, this property represented a lucrative opportunity.

Transaction Highlights

  • HIGHLIGHT COMING SOON!
  • HIGHLIGHT COMING SOON!
  • HIGHLIGHT COMING SOON!
  • HIGHLIGHT COMING SOON!
  • HIGHLIGHT COMING SOON!
  • HIGHLIGHT COMING SOON!
  • HIGHLIGHT COMING SOON!
  • HIGHLIGHT COMING SOON!

Investment Highlights

  • Excellent Unit Mix of Spacious 1, 2 & 3 Bedroom Units in Covina (East San Gabriel Valley)
  • First Time Offered For Sale in 20 Years! | Desirable 1988 Construction | Sale Includes 2 Parcels
  • Huge Double Lot Measuring 21,334 SqFt | All Units Have Garage Parking & Central A/C & Heat
  • (1) 3 Bed + 2 Bath Townhouse Style, (4) 2 Bed + 1.75 Bath & (2) 1 Bed + 1 Bath Unit Mix
  • Pride of Ownership | Trophy Investment | High Demand Rental Neighborhood
  • Separately Metered for Gas & Electricity | Tenants Enjoy Convenience of On-Site Laundry
  • Situated within Walking Distance to nearby Shops, Restaurants, Parks and Schools
  • Property is Only Subject to the Statewide AB1482 Rent Ordinance
Share by: