Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Building size

4,640 sqft

Lot size

11,148 sqft

Year built

1990

Stories

2

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

43

MLS #

247875573

About this property

This 1990-built, four-unit townhouse-style compound in the heart of Covinas high-demand rental corridor offers a rare blend of modern infrastructure and operational efficiency, making it a premier turnkey investment. Designed to streamline management, the property features full utility independence with separately metered gas and electricity for every unit. The unit mix consists of one (1) 3-bed/2-bath residence and three (3) 2-bed/2-bath residences, all outfitted with modern amenities including central air conditioning, gas ranges, dishwashers, garbage disposals, in-unit laundry hookups, and private wood-fenced patios. The property distinguishes itself from local competition with a robust parking configuration that combines attached and detached garages with dedicated on-site guest spaces. Situated on a massive 11,148 SF lot, the site also offers significant value-add potential for future development or ADU expansion, subject to buyer verification. Combining quality construction with efficient infrastructure, this high-performing asset is ideally positioned as a reliable, long-term anchor for any investment portfolio.

Location

219 W Puente Street

Covina, Los Angeles, CA, 91723