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Century 21 Realty Masters
206 N Grandview, Covina, CA 91723
- $1,020,000
- Sold Price
- $1,020,000
- List Price
- $1,099,000
- Closing Date
- Jun 08, 2026
- Status
- CLOSED
- MLS#
- CV26056663
- Year Built
- 1959
- Lot Size
- 7,695
- Acres
- 0.18
- Lot Location
- Near Park, Near Public Transit, Yard
- Days on Market
- 59
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
Welcome to Grandview Ave., we are proud to exclusively represent this well-kept 4-unit multifamily investment opportunity in the highly sought-after city of Covina. This property is comprised of 4 spacious 2-bedroom 1-bath units, with over 750 sqft. each. Each 2-bedroom unit offers a spacious and open floor plan. The property has a centrally located laundry room that can be used to generate additional income and increase the bottom line. Recent upgrades to the property includes granite counter tops in the kitchens an dual pane windows. The current rents are well below market rates, which could be a great upside for a savvy investor to greatly increase cash flow. The property is located in the South Hills school district providing residents kids with a great education. This area has a strong rental market with consistent demand and long-term stability. All the units are currently rented on month to month duration.
Additional Information
- Appliances
- Gas Range, Gas Water Heater
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- Mountain(s)
- Exterior Construction
- Stucco
- Roof
- Composition, Shingle
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Granite Counters
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $70,800
- Operating Expense
- 29853
Listing courtesy of Listing Agent: Lonnie Andre (LonnieAndre@hotmail.com) from Listing Office: RE/MAX MASTERS REALTY.
Listing sold by Lonnie Andre from RE/MAX MASTERS REALTY
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.