275 E Orlando Way - Apartments FOR SALE


Covina, CA 91723
$1,828,300 USD
626-331-1234
275 E Orlando Way, Covina, CA for Sale
$1,828,300 USD
Apartments - FOR SALE
1/8
null | 5.3% Cap Rate

275 E Orlando Way
Covina, CA 91723


OVERVIEW

275 E Orlando Way is a 7-unit multifamily property located on a quiet, tree-lined residential street in Covina, CA. The property features an excellent unit mix, with one 2B+1B unit, four 1B+1B units, one studio, and one brand-new 2B+2B ADU. Residents benefit from covered parking and an onside laundry facility, an added source of income for the owner. 275 E Orlando Way is centrally located near the 10, 210, and 57 freeways. The property is close to local elementary, middle, and high schools, as well as Mt. San Antonio College, Citrus College, and Azusa Pacific University. Nearby shopping and entertainment centers are a bonus to residents, who will enjoy the local AMC Theater, IKEA, Walmart Supercenter, and In-N-Out Burger. Moreover, the Covina Public Library, Covina Police Department, Urgent Care, United States Postal Service, Wells Fargo Bank, and the local Metrolink station are all approximately within a one-mile radius of the property. This well-maintained property is perfect for the savvy investor who is looking for immediate cash flow.

FOR SALE DETAILS

PRICE

$1,828,300 USD

PRICE/SF

$464 USD /SF

# OF UNITS

7

PRICE/UNIT

$261,186

CAP RATE

5.3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Orlando Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

CVR3-RD125

APN/PARCEL ID

8445-022-013

ASK ABOUT THIS PROPERTY

Jag SinghKW COMMERCIALMore Info
626-331-1234

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

Jag SinghKW COMMERCIALMore Info
626-331-1234

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