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570 N Hollenbeck Avenue

Covina, CA 91723
  • $3,360,000
  • STATUS: Active
  • ON SITE: 13 Days
  • ID#: AR21251232
UPDATED: 69 min ago
$3,360,000
  • 0
    BEDS
  • 0.73
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1959
County:
Area:

School Ratings & Info

Listing provided courtesy of Jagmeet Singh of Keller Williams Realty

Description

First time on the market in over 20 years! 570 N. Hollenbeck Ave is a 14-unit multifamily property located in Covina, CA. The property was built in 1959 and features an excellent unit mix: (9) 2 bed/1 bath units and (5) 1 bed/1 bath units. Tenants enjoy the onsite pool and plentiful parking. The property is well maintained, and is close to local elementary, middle, and high schools. Located minutes from Downtown Covina, tenants benefit from easy access to local parks, grocery stores, and eateries. Given the rental upside potential, this is an excellent addition to any real estate investors portfolio.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T21:29:04.5. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/123374337
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570 N Hollenbeck Avenue Covina, CA 91723

  • Price: $3,360,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 69 min ago
  • ID#: AR21251232
0
Beds
0
Baths
0
½ Baths
0.73
Acres
1959
Built
Neighborhood:
614 - Covina
County:
Los Angeles
Area:
614 - Covina
Property Description
First time on the market in over 20 years! 570 N. Hollenbeck Ave is a 14-unit multifamily property located in Covina, CA. The property was built in 1959 and features an excellent unit mix: (9) 2 bed/1 bath units and (5) 1 bed/1 bath units. Tenants enjoy the onsite pool and plentiful parking. The property is well maintained, and is close to local elementary, middle, and high schools. Located minutes from Downtown Covina, tenants benefit from easy access to local parks, grocery stores, and eateries. Given the rental upside potential, this is an excellent addition to any real estate investors portfolio.
Exterior Features

Carport Spaces 16 Carport YN Yes Lot Features Level Number Of Separate Electric Meters 15 Parking Total 18 Pool Features Community Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Common Interest None Community Features SidewalksPool Electric Expense 2284 Fuel Expense 0 Garage YN Yes Gross Income 241800 Gross Scheduled Income 241800 Insurance Expense 8402 Land Lease YN No Laundry Features Laundry Room Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 134801 New Construction YN No New Taxes Expense 39632 Number Of Separate Gas Meters 15 Number Of Separate Water Meters 1 Operating Expense 134801 Pest Control Expense 1295 Pool Expense 2549 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions StandardTrust Trash Expense 6243 Water Sewer Expense 6726 Water Source Public Zoning Cvr3-Rd2000*



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T21:29:04.5. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing provided courtesy of Jagmeet Singh of Keller Williams Realty