Covina, CA 91723 554 E Hurst Street
$1,199,000
1 more
Presented By: Aldon Chiwa Lai with High Ten Partners, Inc.; 626-552-1028
Beds • 8
Baths • 4
SQFT • 3,464
Garage • 5
Year Built • 1959
Home Details
This is a 4-units apartment complex located in the City of Covina. The property is a two-story building situated on a cul-de-sac street with 7,300 square feet lot. The property offers an excellent unit mix consisting of 2 bedrooms plus 1 bathroom with long term tenants. The property is separately metered for electricity and gas and has a shared laundry facility. Each unit has it’s spacious 2 bedroom and 1 bathroom with window A/Cs, private patio area for 1st floor units, and ceiling fans. The parking is provided through an attached garage with 4 secured parking spaces. Tenants can also park in tandem
which provides total of 8 parking spaces. The property is located in the heart of Covina with great access to the different freeways, which are FWY 210, 57, 10, and freeway 605. Also, the property is within minutes to major amenities such as parks, schools, library, shopping centers, and public transportations. Azusa Pacific University is located North of the property and is accessible within minutes.
Presented By: Aldon Chiwa Lai with High Ten Partners, Inc.; 626-552-1028
Interior Features for 554 E Hurst Street
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 554 E Hurst Street
Additional Parcels Y/NNo
AppliancesWaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate2.8
Carport Y/NNo
CityCovina
Community FeaturesCurbs, StreetLights
CoolingWallWindowUnits
CountyLos Angeles
DirectionsEast Hurst Street and North Grandview Ave
ElectricStandard
Electric On Property Y/NNo
Entry LocationGround
Garage Spaces5.0
Garage Y/NYes
Gross Income64800.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense1670.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet7544.0
Lot Size UnitsSquareFeet
MLS Area614 - Covina
MobileHomeRemainsYNNo
Net Operating Income48600.0
New ConstructionNo
Number Of Units Total4
Operating Expense16200.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot10
Tenant PaysCableTv, Electricity, Gas, Security, Telephone
Trash Expense3248.0
ViewNone
Water Sewer Expense1539.0
Waterfront Y/NNo
Year Built1959
Year Built SourceAssessor
ZoningCVR3-RD2000*
Exterior for 554 E Hurst Street
Building Area Total3464.0
Crops Included Y/NNo
FencingNone
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSixToTenUnitsAcre, Level
Lot Size Acres0.1732
Lot Size Area7544.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking5.0
Water SourcePublic
Additional Details
Price History
Alexandra Eston
Sales Associate
Price
$1,199,000
MLS#AR24240425
List Date
11/27/2024
Property Type
Multi-Family
Phone
(562) 537-4182
