554 E Hurst St - Apartments FOR SALE


Covina, CA 91723
$1,250,000 USD
626-552-1028
554 E Hurst St, Covina, CA for Sale
$1,250,000 USD
Apartments - FOR SALE
1/23
null | 3.8% Cap Rate

554 E Hurst St
Covina, CA 91723


HIGHLIGHTS

  • close to park
  • easy access freeway
  • onsite laundry

OVERVIEW

This 4-unit apartment complex is located on a quiet cul-de-sac in the heart of Covina, sitting on a generous 7,300 SF lot. The two-story building features an ideal unit mix, offering spacious 2-bedroom, 1-bathroom apartments, each with long-term tenants. The property is separately metered for electricity and gas and includes a shared laundry facility. First-floor units enjoy private patios, while all units are equipped with window A/Cs and ceiling fans for added comfort. Parking is ample, with a secured attached garage providing 4 spaces, and tandem parking options bringing the total to 8 spaces. Situated with easy access to major freeways, including the 210, 57, 10, and 605, this property is conveniently close to a wide range of amenities such as parks, schools, libraries, shopping centers, and public transportation. Azusa Pacific University is also just minutes away. This is a fantastic investment opportunity in a prime Covina location!

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$361 USD /SF

# OF UNITS

4

PRICE/UNIT

$312,500

CAP RATE

3.8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

CVR3-RD200

APN/PARCEL ID

8429-008-021

ASK ABOUT THIS PROPERTY

Aldon LaiColdwell Banker Commercial George RealtyMore Info
626-552-1028

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Aldon LaiColdwell Banker Commercial George RealtyMore Info
626-552-1028

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