Covina, CA 91724,19529 E Cypress Street
Covina, CA 91724,19529 E Cypress Street
Covina, CA 91724,19529 E Cypress Street
$2,800,000
Est. payment /mo
$3,025,000
7.4%
Est.Price: ?

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2 Beds
1 Bath
SOLD DATE : 04/29/2025

Key Details

Sold Price $2,800,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV24217987

Sold Date 04/29/25

Bedrooms 2

Property Sub-Type Res Income 2-4 Units

Property Description

THE EXISTING ASSUMABLE LOAN FIXED at 3.07% Until October 2026 We are pleased to exclusively present the opportunity to acquire Cypress Villa, located at 19529 East Cypress Street in unincorporated Los Angeles County, California. Cypress Villa is conveniently located near the signalized intersection of East Cypress Street and Grand Avenue. Constructed in 1984, the 11-unit multifamily investment property is situated on a 16,419 square feet rectangular parcel with a building area of 9,207 square feet. The property consists of eleven two-bedroom/one-bathroom floor plans and features an on-site laundry room, copper plumbing, central water heater, and central air conditioning and heating. For parking, there are eleven tuck-under parking spaces with storage units, six carport parking spaces, and five open space parking spaces (Two parking spaces per unit). The majority of windows have been upgraded with new dual-pane windows. Selected kitchens and bathrooms were recently renovated. All units are individually metered for gas and electricity. Unincorporated Los Angeles County has their own rent control (Buyer to verify). Cypress Villa is ideally situated with easy access to Interstate 210, 10 and CA 57 freeways. With its central location and proximity to Downtown Los Angeles, the city is well served by the Metrolink Covina Station, providing its residents with many alternative ways of traveling to work, dining, shopping, and other amenities. With a very walkable score of 74 out of 100, the apartment building is within walking distance of several outdoor shopping malls with major dep

Location

State CA

County Los Angeles

Zoning Other

Direction East of Grand Avenue & North of Cypress Street

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 8404004046

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MLS Router / San Diego MLS
Listed by Douglas McCauley MARCUS & MILLICHAP
Bought with Douglas McCauley MARCUS & MILLICHAP
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