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$6,800,000
32 Beds ⋅ 28 Baths ⋅ 26877653 MLS ⋅ Active Status
28-Unit Multifamily Investment Opportunity in West Covina. Exceptional opportunity to acquire West Covina Terrace Apartments, a well-located 28-unit multifamily apartment community situated at 1127-1131 E Garvey Ave N in West Covina. Built in 1958, the two-story property encompasses approximately 18,382 square feet of building area on an approximately 33,829-square-foot (0.78-acre) lot.The property is currently generating approximately $560,000 in annual gross income, providing an investor with substantial in-place revenue from day one. With an asking price of $6,800,000, the property is offered at approximately $243,000 per unit, an attractive basis for a 28-unit multifamily asset in the San Gabriel Valley. In addition to its current income stream, the property offers the potential for future revenue growth through continued professional management and the opportunity to increase rents over time as permitted.An additional benefit to ownership is the property's tenant utility reimbursement program for water and trash. Water and trash expenses are initially paid by ownership and subsequently billed back to and reimbursed by a majority of the tenants through a third-party utility billing service. These reimbursements provide additional income to help offset a portion of the property's utility expenses and improve operating efficiency.West Covina Terrace features a desirable and diversified unit mix consisting of 4 studio units, 20 one-bedroom/one-bathroom units, and 4 two-bedroom/one-bathroom units. The strong concentration of highly marketable one-bedroom apartments, complemented by studio and two-bedroom residences, appeals to a broad tenant base and provides a balanced rental mix.Additional property features include a gated courtyard-style setting, community laundry facilities, 28 separately metered electrical services, and designated on-site parking for every unit. Providing each residence with assigned parking is a particularly desirable amenity in the Southern California rental market and further enhances the property's tenant appeal.Strategically positioned along the Garvey Avenue corridor, the property offers excellent access to the I-10 Freeway and is conveniently located near Plaza West Covina, shopping, restaurants, employment centers, schools and everyday services. Its central San Gabriel Valley location provides convenient connectivity to surrounding communities and the greater Los Angeles area.The surrounding area also benefits from attractive demographics, with approximately 23,000 residents and more than 7,000 households within a one-mile radius, along with a median household income of approximately $89,000.With 28 units, approximately $539,000 in current annual gross income, Significant tenant reimbursement of water and trash expenses, designated parking for every unit, an asking price of approximately $243,000 per unit, a highly marketable unit mix and a substantial parcel, West Covina Terrace Apartments represents an excellent opportunity for an investor seeking immediate income, scale and long-term ownership potential in an established Southern California rental market. Please do not disturb tenants or walk the property without an appointment. Buyer and buyer's representatives are advised to independently verify all information, including but not limited to unit count and mix, square footage, lot size, zoning, permitted uses, rents, income, expenses, utility reimbursements, parking, building systems and development potential with the appropriate governmental agencies and other sources.

1127 E Garvey Avenue, West Covina
$469,900
2 Beds ⋅ 1 Baths ⋅ CV26167497 MLS ⋅ Active Status
Move-in-ready, single-level condo in the Galstar Wood community of West Covina, California. This upper-level, two-bedroom residence offers a bright, open living and dining area with light-toned flooring, multiple windows, and direct access to a spacious covered balcony overlooking the landscaped community. The adjoining galley kitchen features granite countertops, abundant wood cabinetry, recessed lighting, a gas range, built-in microwave, dishwasher, and double-basin sink. A dedicated laundry area with washer and dryer hookups and overhead cabinets provides convenient in-unit functionality and additional storage. Both bedrooms offer generous proportions, ample natural light, and spacious closets. The primary bedroom includes a ceiling fan, walk-in closet, and direct access to the centrally located bathroom, which is also accessible from the hallway. The bathroom features a granite-topped vanity, storage cabinetry, and a tub-and-shower combination. Community amenities include a swimming pool, clubhouse, playground, landscaped greenbelts, and mature trees. Parking includes a covered carport with storage plus a second permitted parking space. With an open floor plan, practical storage, outdoor living space, and convenient community amenities, this West Covina condo offers a comfortable opportunity for homeownership in the San Gabriel Valley.

2101 E Aroma, West Covina
$850,000
3 Beds ⋅ 2 Baths ⋅ TR26156141 MLS ⋅ Active Status
Welcome to this beautifully updated single-story home in the heart of West Covina, offering 3 bedrooms, 2 bathrooms, approximately 1,414 square feet of living space on a generous 6,614-square-foot lot. Extensively renovated just a few years ago, this home showcases a thoughtfully designed interior with stylish finishes, updated flooring, windows, modern kitchen and bathrooms, and a warm, inviting atmosphere throughout. the property has been exceptionally maintained and is beautifully appointed, creating a true move-in-ready experience. The house just minutes from supermarkets, restaurants, shopping centers, parks, schools, and convenient access to 60 freeways, this home combines everyday comfort with exceptional convenience. Whether you're searching for your primary residence or simply looking for a beautifully updated, move-in-ready home in a desirable West Covina neighborhood, this is an opportunity you won't want to miss.

3040 La Puente, West Covina
$1,850,000
SW26150159 MLS ⋅ Active Status
Excellent investment opportunity in the heart of West Covina. This well maintained five unit apartment building sits on a generous 12,079 square foot lot and offers a total of 5,310 square feet of living space. The property features an attractive unit mix of four 2 bedroom, 1 bathroom units and one spacious 3 bedroom, 2.5 bathroom unit, providing strong rental appeal for a variety of tenants. Many of the units have been updated with recessed lighting and newer cabinetry, while the spacious three bedroom unit also features central air conditioning. The building has been upgraded with PEX plumbing and includes a 200 gallon water heater with a hot water recirculation system to improve efficiency and tenant comfort. Parking is a valuable feature with three garages on the property. The larger unit includes a two car garage, while each of the remaining four units has a garage space plus an additional assigned outdoor parking space. Conveniently located near shopping, restaurants, schools, parks, and major freeways, this property offers both accessibility and strong long term rental appeal. Whether you are looking to expand your investment portfolio or acquire a well maintained multifamily property in a desirable location, this is an opportunity you won’t want to miss.

2323 E Garvey Avenue N, West Covina
$505,000
2 Beds ⋅ 2 Baths ⋅ PW26138692 MLS ⋅ Active Status
This wonderful 2 bedroom and 2 bathroom 900+ sq ft corner unit townhome is a must see. In a peaceful and open neighborhood it has an open floor plan with a large living room, beautiful kitchen, and outdoor patio. The large windows open to so much natural light and bring a warmth to the home. Each of the bedrooms on the second floor very spacious with plenty of storage, allow for all the living space to be down on first section. It also has laundry area inside the home as well as very close to the association park, playground and pool. This home is very close to shopping, schools, freeway and so much more. Priced right and ready for its next homeowner.

2148 Eveningside, West Covina
$499,900
3 Beds ⋅ 2 Baths ⋅ AR26143650 MLS ⋅ Active Under Contract Status
Nestled in desirable Galstar Wood Community, West Covina, this well-maintained condominium is ideally located near shopping, dining, grocery stores, libraries, schools, fitness centers, and everyday conveniences. Nearby parks offer hiking trails, outdoor recreation, and freeway access. The gated community features a swimming pool, clubhouse, children's playground, greenbelts and walking paths. Mature trees enhance the community setting. Includes one assigned carport with a storage cabinet and one permitted outdoor parking space. The living room features recessed lighting, wood flooring, and large windows with abundant natural light. The open floor plan flows into the dining area. The kitchen features white raised-panel cabinetry, granite countertops, gas range, dishwasher, dual-basin sink, ceiling fan, and tile flooring. The dining area opens to the private enclosed patio. The main level also includes a powder room and separate indoor laundry room. Upstairs offers three bedrooms with laminate wood flooring and sliding-door closets. The primary bedroom features double-door entry and an oversized closet, while two additional bedrooms provide flexible space for a home office. A full bathroom includes a granite-topped vanity and a shower-over-tub combination. The enclosed patio offers space for seating, potted plants, or personalized landscaping. This move-in-ready home offers a functional layout and versatile living space, ideal for homeowners or investors. 2 Designated Parking Spaces (1 Carport + 1 Assigned).

2025 E Aroma Drive, West Covina
$349,000
2 Beds ⋅ 2 Baths ⋅ DW26051464 MLS ⋅ Active Status
Welcome to resort-style living in the highly desirable Courtyard of South Hills, an exclusive 62+ senior community in the heart of West Covina. This beautifully maintained condominium offers the perfect blend of comfort, convenience, and low-maintenance living designed for an active adult lifestyle. Step inside to discover a bright and inviting floor plan featuring a spacious living area that flows effortlessly into the dining space and kitchen—ideal for both relaxing and entertaining. Large windows and sliding glass doors invite natural light while providing access to a private balcony or patio where you can enjoy peaceful views and fresh air. The thoughtfully designed layout includes generously sized bedrooms, ample closet space, and well-appointed bathrooms, creating a comfortable and functional living environment. The home also offers the convenience of in-unit laundry, central air and heat, and plenty of storage throughout. Residents of this secure gated community enjoy a variety of amenities designed to enhance everyday living, including beautifully landscaped grounds, a relaxing spa and jacuzzi, gazebo and barbecue areas, and a welcoming community recreation room perfect for social gatherings and activities. Elevator access and assigned parking add to the ease and convenience of the community. Ideally located near shopping centers, restaurants, medical facilities, and major freeways including the 10 Freeway, this home provides both tranquility and accessibility. Whether you're looking to downsize, simplify, or enjoy an active senior lifestyle, this property offers the perfect opportunity. Don’t miss your chance to own a wonderful home in one of West Covina’s most sought-after senior communities.

130 S Barranca Unit 212, West Covina

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.