For sale
  • Listing Provided by: 

    Ian Ho DRE #01914003 626-482-8818,

    A + Realty & Mortgage

    $1,000,000

    2225 W Merced Ave, West Covina, CA 91790

    8beds
    6baths
    1,714sqft
    : 
    Duplex
    Built in 1939
    -- sqft lot
    $997,400 Zestimate®
    $583/sqft
    $-- HOA

    What's special

    Gigantic yardWall ac unitWall heater
    Prime duplex investment opportunity in West Covina, conveniently located near the 10 Freeway. The front unit features 3 bedrooms and 2 bathrooms with partial renovations, a wall AC unit, and wall heater. The rear unit offers 1 bedroom and 1 bathroom, ideal for additional rental income. Both units are tenant-occupied with reliable, on-time payments. Current rents are $3,000/month (front) and $1,600/month (rear), generating a total of $4,600/month with a 3.5% cap rate. The property also boasts a gigantic yard, offering excellent potential for future development or expansion. Don’t miss this rare chance to acquire a well-located, income-producing duplex with long-term upside.
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