2425 Ridgewood Drive
West Covina, CA 91792
Sold
2425 Ridgewood Drive
West Covina, CA 91792
Sold
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
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,653
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
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 |

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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.