West Covina, CA 91790 1015 W Garvey Avenue N
$10,880,000
5 more
Presented By: Grady Liu with MacroReal Inv Grp Inc.; gradyl@macroreal.com
- MLS# TR25086980
- 04/21/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 56
Baths • 2
SQFT • 28,270
Home Details
We are pleased to exclusively present a multifamily opportunity to acquire a value-add asset in a dynamic in-fill location in the city of West Covina. The property is conveniently located near central West Covina with access to I-10 freeway and many retail centers in minutes. The property is close to the West Covina Plaza, downtown West Covina, Del Norte Park, Monte Vista Elementary School and West Covina Medical Center. Selected units have been fully renovated. The property is subject to AB 1482.
Presented By: Grady Liu with MacroReal Inv Grp Inc.; gradyl@macroreal.com
Interior Features for 1015 W Garvey Avenue N
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 1015 W Garvey Avenue N
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate6.38
Carport Y/NNo
CityWest Covina
Community FeaturesUrban, Pool
CountyLos Angeles
DirectionsNorth of I-10
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationGround
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Conventional
Lot Size Square Feet25112340.0
Lot Size UnitsSquareFeet
MLS Area669 - West Covina
MobileHomeRemainsYNNo
Net Operating Income694597.0
New ConstructionNo
Number Of Units Total46
Operating Expense329692.0
Pool FeaturesCommunity
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot4
Trash Expense0.0
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1959
Year Built SourceAssessor
ZoningWCMF20-CN*
Exterior for 1015 W Garvey Avenue N
Building Area Total28270.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres576.5
Lot Size Area25112340.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters47
Number of Separate Gas Meters47
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate