Back To Search
157 Bandy Avenue
West Covina, CA 91790
Sold
We are pleased to present this great investment opportunity that is available for sale for the first time in 15 years! A 7 unit apartment in the high demand rental area of West Covina. This property consists of spacious 1, 2 and 3 bedroom units and is situated within a short distance to many shopping and dining at the Plaza West Covina. With many recent upgrades in select units, this cash-flowing investment brings in a 4.68% Cap Rate on current rents yet still has value add opportunity that any investor can take advantage of. All units are separately metered for gas and electricity with separate water heaters for each unit. The tenants enjoy the convenience of having an on-site laundry room with the property having secured entry and on-site parking. The property is only subject to statewide AB1482 rent ordinance which is currently at 8.8%. The quick access to the 10 freeway and nearby amenities, this location scores an 85 Walk Score giving it a Very Walkable Area. Call now for more details.
PROPERTY INFORMATION
| MLS # | 23293691 | Lot Size | 7,079 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 2,168,888
Price Per SqFt: $ 409 |
DOM | 685 Days |
| Address | 157 Bandy Avenue | Type | Residential Income |
| City | West Covina | Sq.Ft. | 5,308 Sq. Ft. |
| Postal Code | 91790 | Garage | N/A |
| County | Los Angeles | Year Built | 1961 |
| Bed / Bath | 12 / 0 | Parking | 7 |
| Built In | 1961 | Status | Closed |
| Sold Date | 2023-09-08 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Individual Room |
| Has Appliances | Yes |
| Kitchen Appliances | Dishwasher |
| Has Heating | Yes |
| Heating Information | Fireplace(s) |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,313
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 07/24/2023 | Listed | $2,168,888 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
Interested in buying or selling a home similar to 157 Bandy Avenue?
Listing provided courtesy of Shant Sherbetdjian, Remax Commercial and Investment Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
