1737 E Nanette Ave - Multi-Family FOR SALE


West Covina, CA 91792
$1,450,000 USD
626-688-7763
1737 E Nanette Ave, West Covina, CA for Sale
$1,450,000 USD
Multi-Family - FOR SALE
1/7
null | 4.22% Cap Rate

1737 E Nanette Ave
West Covina, CA 91792


HIGHLIGHTS

  • Four-unit multifamily property in the Woodbridge community.
  • Separate gas and electric meters for individual units.
  • Located near grocery stores, restaurants, and public transportation.

OVERVIEW

First Time in the Market after almost 50 years. Original Owner. We are pleased to present this well-maintained four-unit property in the desirable community of Woodbridge in West Covina, conveniently located within a short walking distance to stores, supermarkets, restaurants, and public transportation. The amenities in this Woodbridge Community include a club house and community pool. These are the brief descriptions of the 4 units on the subject property. Unit 1: Is very spacious 3-bedroom, 1.5-bathroom unit featuring a large living room with a fireplace, a dining room, and a kitchen with ample cabinetry. Has new A/C condenser. This unit also offers a private enclosed 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 with newer Stove. It also has a guest powder room downstairs, a full bath upstairs, a private patio, an attached one-car garage, and a covered carport. Has concrete flooring at the front patio. Unit 3: Similar in layout as Unit 2, this 2-bedroom, 1.5-bathroom unit includes an attached one-car garage and an additional uncovered parking space. Has an enclosed backyard with concrete flooring. It was remodeled in 2024. Unit 4: A 2-bedroom, 1-bathroom unit featuring a living room, dining room, and a good-sized kitchen with newer Stove. It also has a shared full bath with an extra sink, a balcony, a one-car garage, and an uncovered parking space. The bathroom was remodeled in 2024. Separate meters for electricity and gas for each unit. Individual laundry hookups are located in each individual garage. This property is a gem in a sought-after community, popular with renters, and is ideal for investors seeking a stable asset with appreciating value to add to their portfolio.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$358 USD /SF

# OF UNITS

4

PRICE/UNIT

$362,500

CAP RATE

4.22%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Woodbridge Fourplex

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

8735-008-012

ASK ABOUT THIS PROPERTY

August WenCentury 21 CommercialMore Info
626-688-7763

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August WenCentury 21 CommercialMore Info
626-688-7763

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.