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2425 Ridgewood Drive

West Covina, CA 91792

$1,560,000 Sale Price
Est. Payment: $ 0/mo
9
Bed
0
Bath
4,050 Sq. Ft.
$383 / Sq. Ft.
Sold

2425 Ridgewood Drive

West Covina, CA 91792

Sold
$1,560,000 Sale Price
$0/mo
9
Bed
0
Bath
4,050
Sq. Ft.
We are pleased to present 2425 S Ridgewood Dr, a four unit property located in West Covina, CA to market. This pride of ownership asset has been completely replumbed with copper throughout and lies in an exclusive community where tenants have access to a community pool. The property consists of one 3 bed/2 bath unit and three 2 bed/2 bath units. In addition each unit has its own washer/dryer hookup. There are four single car garages and one double car garage on the property and is separately metered for electric and gas. Rents are currently 40% below market rate allowing a new investor substantial upside in future income. Ridgewood Drive presents an opportunity for an investor to get into a well maintained building in a market where only a handful of buildings sell each year.
PROPERTY INFORMATION
MLS # PW24060461 Lot Size 10,082 Sq. Ft.
HOA Fees $0/Monthly Property Type Apartment
Price $ 1,550,000
Price Per SqFt: $ 383
DOM 438 Days
Address 2425 Ridgewood Drive Type Residential Income
City West Covina Sq.Ft. 4,050 Sq. Ft.
Postal Code 91792 Garage 6
County Los Angeles Year Built 1978
Bed / Bath 9 / 0 Parking 6
Built In 1978 Status Closed
Sold Date 2024-04-30
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Electric Dryer Hookup, Washer Hookup
EntryLocation Side
Entry Level 1
EXTERIOR FEATURES
Has Pool No
Pool Association
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,653
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
04/30/2024 Sold $1,560,000
04/23/2024 Active Under Contract $1,550,000
03/26/2024 Listed $1,550,000
Topfind Realty

Topfind Realty

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(844)-333-8033

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Listing provided courtesy of Jackson Jorgensen, Younglewin Advisors, Inc.. 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.
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