322 N Prospero Dr | Covina, CA 91723
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
322 N Prospero Dr
Covina, CA 91723
6 Units Covina - PRIVATE SELLER FINANCING! · Build-to-Rent Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Huge 60% Upside In Rental Income!
- Onsite Carport Parking & Laundry Facility
- City of Covina has no local rent control ordinance in place
- Rare Find! | Great Reposition Opportunity! | Majority Townhouse-style Units!
- Investor Opportunity to Reposition the Property with Prevailing Market Rents (8+% Cash-on-Cash Return!)
- PRIVATE-SELLER FINANCING TERMS: 30% Down Payment | 6.5% Interest-Only Payments | Loan Due in 5 Years
PROPERTY FACTS
| No. Units | 6 | Property Size | 7,154 sq ft |
| Property Type | Build-to-Rent | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Costar Property Class | C | Parking Allocation | 0.84/1,000 sq ft |
| Total Plot Size | 0.18 ac | ||
| Use Class | CVRD2000* | ||
| No. Units | 6 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.18 ac |
| Property Size | 7,154 sq ft |
| Average Occupancy | 90% |
| No. Floors | 2 |
| Year Built | 1963 |
| Parking Allocation | 0.84/1,000 sq ft |
| Use Class | CVRD2000* |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 3+2.5 | 1 | £2,450 | - |
| 3+1.5 | 3 | £1,221 | - |
| 2+1.5 | 2 | £1,222 | - |
PROPERTY TAXES
| Parcel Number | 8429-033-007 | Improvements Assessment | £460,289 |
| Land Assessment | £1,066,336 | Total Assessment | £1,526,625 |
PROPERTY TAXES
Parcel Number
8429-033-007
Land Assessment
£1,066,336
Improvements Assessment
£460,289
Total Assessment
£1,526,625
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
