233 S Bandy Ave - Apartments FOR SALE


West Covina, CA 91790
$4,388,000 USD
626-331-1234
233 S Bandy Ave, West Covina, CA for Sale
$4,388,000 USD
Apartments - FOR SALE
1/8
null | 5.53% Cap Rate

233 S Bandy Ave
West Covina, CA 91790


HIGHLIGHTS

  • Central location close to 10 Freeway
  • Onsite pool, laundry and parking
  • Excellent unit mix

OVERVIEW

Welcome to Algiers Apartments, an 18-unit multifamily property located at 233 S Bandy Ave, West Covina, CA 91723. This property presents an excellent investment opportunity with a desirable unit mix of ten 1-bedroom/1-bathroom units, and eight studio units located on a 12,559 SF lot. Built in 1957, the two-story building features an onsite pool, 14 parking spots, and laundry facilities, adding to the appeal for tenants. Situated in a prime central location, the property offers easy access to the 10 Freeway and is less than a mile from West Covina High School and Plaza West Covina, home to popular destinations such as Porto’s Bakery, Macy’s, Nordstrom Rack, and Best Buy.

FOR SALE DETAILS

PRICE

$4,388,000 USD

PRICE/SF

$513 USD /SF

# OF UNITS

18

PRICE/UNIT

$243,778

CAP RATE

5.53%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Algiers Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

MF-20

APN/PARCEL ID

8476-011-019

ASK ABOUT THIS PROPERTY

Jag SinghKW COMMERCIALMore Info
626-331-1234

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Jag SinghKW COMMERCIALMore Info
626-331-1234

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.