1015 W Garvey Ave - Apartments FOR SALE


West Covina, CA 91790
$10,880,000 USD
626-407-7701
1015 W Garvey Ave, West Covina, CA for Sale
$10,880,000 USD
Apartments - FOR SALE
1/10
null | 6.38% Cap Rate

1015 W Garvey Ave
West Covina, CA 91790


HIGHLIGHTS

  • Strong Demographic Location
  • Completely Exterior Upgraded, including Landscaping, Painting and Windows
  • Selected Units are Fully Renovated
  • New Cabinet with Granite Countertops; New Appliances; New Flooring and New Interior Paints
  • Convenient to Access Interstate 10 Freeway
  • Potential RUBS for Additional Income

OVERVIEW

We are pleased to exclusively present a multifamily opportunity to acquire a value-add asset in a dynamic in-fill location in the city of West Covina. The property is conveniently located near central West Covina with access to I-10 freeway and many retail centers in minutes. The property is close to the West Covina Plaza, downtown West Covina, Del Norte Park, Monte Vista Elementary School and West Covina Medical Center.

FOR SALE DETAILS

PRICE

$10,880,000 USD

PRICE/SF

$329 USD /SF

# OF UNITS

46

PRICE/UNIT

$236,522

CAP RATE

6.38%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Villa Capri Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

MF20-CN, West Covina

APN/PARCEL ID

8457-029-014

ASK ABOUT THIS PROPERTY

Grady LiuMacroReal CommercialMore Info
626-407-7701

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Grady LiuMacroReal CommercialMore Info
626-407-7701

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