515 Stewart Drive, Covina, CA 91723
  • MLS#: AR25144947 ( Apartment )
  • Street Address: 515 Stewart Drive
  • Viewed: 2
  • Price: $3,648,800
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1956
  • Bldg sqft: 0
  • Days On Market: 13
  • Additional Information
  • County: LOS ANGELES
  • City: Covina
  • Zipcode: 91723
  • Provided by: Keller Williams - Eagle Rock
  • Contact: Jagmeet Jagmeet
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Proudly presenting the opportunity to acquire 515 S Stewart Drive, a 13 unit multifamily property located in Covina, CA. 515 S Stewart Drive is located on a quiet residential street and features an excellent unit mix: (3) 2 bed/1.5 bath townhome style units and (10) 1 bed/1 bath units. The property features a new roof, new electric subpanels, and onsite laundry facilities. 515 S Stewart Drive is well maintained, and is close to local elementary, middle, and high schools. Located minutes from Downtown Covina, tenants benefit from easy access to local parks, shopping, grocery stores, and eateries. Given the rental upside potential, as well as the possibility of adding two ADUs, this is an excellent addition to any real estate investors portfolio.
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Features
Building Area Total
  1. 8100.00
Carport Spaces
  1. 7.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 1 Common Wall
Country
  1. US
Electric Expense
  1. 1489.00
Fuel Expense
  1. 180.00
Garage Spaces
  1. 1.00
Gardner Expense
  1. 2400.00
Insurance Expense
  1. 12748.00
Laundry Features
  1. Common Area
Levels
  1. Two
Lot Features
  1. Level with Street
Netoperatingincome
  1. 194665.00
Newtaxesexpense
  1. 42774.00
Number Of Separate Electric Meters
  1. 14
Number Of Separate Gas Meters
  1. 14
Parcel Number
  1. 8445026025
Pest Control Expense
  1. 1400.00
Pool Features
  1. None
Postalcodeplus4
  1. 3182
Professionalmanagementexpense
  1. 19755.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 441917176:CRM
Totalexpenses
  1. 92651.00
Trash Expense
  1. 4860.00
Uncovered Spaces
  1. 6.00
Water Sewer Expense
  1. 4980.00
Water Source
  1. Public
Year Built
  1. 1956
Year Built Source
  1. Assessor
Zoning
  1. CVR3-RD1250*