$1,425,000
$1,450,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
1741 E Nanette West Covina, CA 91792
10,528 Sqft Lot
Key Details
Sold Price $1,425,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV26122358
Sold Date 07/22/26
HOA Fees $277/mo
HOA Y/N Yes
Year Built 1977
Lot Size 10,528 Sqft
Property Sub-Type Quadruplex
Property Description
First Time in the Market after almost 50 years. Original Owners. We are pleased to present this well-maintained four-unit property in the desirable community of Woodbridge in West Covina, conveniently located within a short walking distance to stores, supermarkets, restaurants, and public transportation. The amenities in this Woodbridge Community include a club house and community pool. These are the brief descriptions of the 4 units on the subject property. Unit 1: Is very spacious 3-bedroom, 1.5-bathroom unit featuring a large living room with a fireplace, a dining room, and a kitchen with ample cabinetry. This unit also offers a private enclosed patio, laminated wood floors, a powder room downstairs, an upstairs bathroom with dual sinks, and an attached two-car garage. Unit 2: This is a 2-bedroom, 1.5-bathroom unit with a living room, dining room, and a good-sized kitchen. It also has a guest powder room downstairs, a full bath upstairs, a private patio, carpet floors throughout, an attached one-car garage, and a covered carport. Unit 3: Similar in layout as Unit 2, this 2-bedroom, 1.5-bathroom unit includes an attached one-car garage and an additional uncovered parking space. Laminated wood floors. Has an enclosed backyard. Unit 4: A 2-bedroom, 1-bathroom unit featuring a living room, dining room, and a good-sized kitchen. Laminated wood floors. It also has a shared full bath with an extra sink, a balcony, a one-car garage, and an uncovered parking space. Separate meters for electricity and gas for each unit. Individual laundry hookups are located in each individual garage. Unit 3 & 4 have a newer A/C unit. See attached Rent-Roll and GRM & Cap Rate Analysis for more details. Unit 4 has been renovated in 2024. This property is a gem in a sought-after community, popular with renters, and is ideal for investors seeking a stable asset with appreciating value to add to their portfolio. Actual Cap Rate = 4.5%, Proforma Cap Rate = 6.22%.
Location
State CA
County Los Angeles
Area 669 - West Covina
Interior
Interior Features Balcony, All Bedrooms Up
Heating Forced Air
Cooling Central Air
Flooring Carpet, Laminate
Fireplaces Type Living Room
Fireplace Yes
Appliance Free-Standing Range
Laundry In Garage
Exterior
Parking Features Assigned, Garage
Garage Spaces 5.0
Carport Spaces 1
Garage Description 5.0
Fence Wood
Pool Community, Association
Community Features Street Lights, Pool
Amenities Available Clubhouse, Pool
Roof Type Composition
Total Parking Spaces 8
Private Pool No
Building
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 8735008013
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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