N. Tustin - John Lewis
1/7
Listed By: RE/MAX 2000 REALTY, 909-645-0443, Kristopher German
Local Realty Services Provided By: Keller Williams Covina
Overview
What It'll Cost
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$1,575,000
219 W Center Street, Covina, CA 91723
4,486 sq ft
.23 ac
$1,575,000

219 W Center Street, Covina, CA 91723

Estimation provided by Keller Williams Realty Inc.
4,486 sq ft
.23 ac
Pending
For Sale

Property Description

We are pleased to exclusively offer for sale a remarkable investment opportunity in the city of Covina, 5 pride of ownership units constructed in 1985. The unit mix includes four 2-bedroom/1.5-bathroom two-story town-house style units, each offering two levels of living space, and one oversized 1-bedroom/1-bathroom unit. Collectively, these units comprise 4,486 rental square feet on a well-proportioned 10,201 square foot lot. The property boasts a solid 5.56% CAP rate and a 12.73 Gross Rent Multiplier, underlining its profitability and investment appeal.



Each unit is equipped with central air conditioning and heating, ensuring comfort year-round. Tenants also benefit from private garage and open space parking (13 spaces total), private patios, and interior laundry hookups. Each unit amenity enhances desirability and tenant satisfaction. This investment represents a unique opportunity to acquire a stable, high-yield asset in Covina, ideal for investors seeking a property with both immediate returns and long-term growth potential.

Property Details

Compare This Home
Overview
Property Type
Apartment
Property Size
4,486 sq ft
Year Built
1985
Days on Site
63 Days
HVAC
Central, Central Air
Parking
13 Parking Spaces
Keller Williams N Tustin
Keller Williams N Tustin
01998787

Activity History

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Purchase Price: $1,575,000
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Price & Tax History

Date
Event
Price
01/21/2025
Listed
$1,575,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$10,240
(+1.21%)
$688,651
Land 319,475 + Additions 369,176
2022
$10,117
(+1.51%)
$661,912
Land 307,070 + Additions 354,842
2021
$9,967
(+1.97%)
$661,912
Land 307,070 + Additions 354,842
2019
$9,774
(+7.32%)
$655,126
Land 303,922 + Additions 351,204
2017
$9,107
$629,688
Land 292,121 + Additions 337,567
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Keller Williams N Tustin
Keller Williams N Tustin
01998787

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