West Covina, CA 91792,2425 S Ridgewood Drive
West Covina, CA 91792,2425 S Ridgewood Drive
West Covina, CA 91792,2425 S Ridgewood Drive
6
$1,550,000
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

9 BD
6 BA
10,082 Sqft Lot

2425 S Ridgewood Drive West Covina, CA 91792

Est. payment /mo
SOLD DATE : 04/30/2024

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit
AARE Real Estate Services

AARE Real Estate Services

+1(888) 322-4368

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW24060461

Sold Date 04/30/24

Bedrooms 9

HOA Y/N No

Lot Size 10,082 Sqft

Property Description

We are pleased to present 2425 S Ridgewood Dr, a four unit property located in West Covina, CA to market. This pride of ownership asset has been completely replumbed with copper throughout and lies in an exclusive community where tenants have access to a community pool. The property consists of one 3 bed/2 bath unit and three 2 bed/2 bath units. In addition each unit has its own washer/dryer hookup. There are four single car garages and one double car garage on the property and is separately metered for electric and gas. Rents are currently 40% below market rate allowing a new investor substantial upside in future income. Ridgewood Drive presents an opportunity for an investor to get into a well maintained building in a market where only a handful of buildings sell each year.
We are pleased to present 2425 S Ridgewood Dr, a four unit property located in West Covina, CA to market. This pride of ownership asset has been completely replumbed with copper throughout and lies in an exclusive community where tenants have access to a community pool. The property consists of one 3 bed/2 bath unit and three 2 bed/2 bath units. In addition each unit has its own washer/dryer hookup. There are four single car garages and one double car garage on the property and is separately metered for electric and gas. Rents are currently 40% below market rate allowing a new investor substantial upside in future income. Ridgewood Drive presents an opportunity for an investor to get into a well maintained building in a market where only a handful of buildings sell each year.

Location

State CA

County Los Angeles

Area West Covina (91792)

Zoning Assessor

Building

Story 2

Lot Size Range 7500-10889 SF

Level or Stories 2 Story

Others

Monthly Total Fees $247

Acceptable Financing Conventional

Space Rent $2,300

Listing Terms Conventional

Financing Cash

Read Less


San Diego Regional MLS (SDMLS)
Listed by Jackson Jorgensen • Younglewin Advisors, Inc.
Bought with General NONMEMBER • NONMEMBER MRML

GET MORE INFORMATION

agent

AARE Real Estate Services

Broker | License ID: 01839244

+1(888) 322-4368

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.