2426 S Nancy St - Multi-Family FOR SALE


West Covina, CA 91792
$1,530,000 USD
626-643-7090
2426 S Nancy St, West Covina, CA for Sale
$1,530,000 USD
Multi-Family - FOR SALE
1/27
null | 4.96% Cap Rate

2426 S Nancy St
West Covina, CA 91792


HIGHLIGHTS

  • Across the street from the HOA pool and clubhouse, the 3-bedroom was designed and built as an owner unit, long term tenants, room for one ADU.

OVERVIEW

We are delighted to present this well-maintained four-unit property in the desirable community of Woodbridge in West Covina, conveniently located within a short walking distance of three supermarkets, restaurants, and public transportation. This outstanding asset is right across to the community pool and comprises the following units: ***Unit 1: A spacious 3-bedroom, 2-bathroom unit featuring a large living room with a fireplace, a dining room, and a kitchen with ample cabinetry. This unit also offers a private 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. It also has a guest powder room downstairs, a full bath upstairs, a private patio, an attached one-car garage, and a covered carport. ***Unit 3: Similar in layout to Unit 2, this 2-bedroom, 1.5-bathroom unit includes an attached one-car garage and an additional uncovered parking space. ***Unit 4: A 2-bedroom, 1.5-bathroom unit featuring a living room, dining room, and a good-sized kitchen. It also has a shared full bath with an extra sink, a balcony, a one-car garage, and an uncovered parking space. Separate meters for electricity and gas Individual laundry hookups 20% upside in rent Long-term tenants Buyers are to cooperate with the seller’s 1031 exchange at no cost. 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. The back of the building has the potential to build one ADU (SB 1211).

FOR SALE DETAILS

PRICE

$1,530,000 USD

PRICE/SF

$378 USD /SF

# OF UNITS

4

PRICE/UNIT

$382,500

CAP RATE

4.96%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2426 S Nancy St, West Covina, CA 91792

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,500 SF

ZONING

WCPCD1*

APN/PARCEL ID

8735-010-013

ASK ABOUT THIS PROPERTY

Shawn LuongSpectrum Realty SolutionsMore Info
626-643-7090

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Shawn LuongSpectrum Realty SolutionsMore Info
626-643-7090

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