91790 Homes with Multi Family Subtype

91790 Homes with Multi Family Subtype

Welcome to the vibrant community of West Covina, nestled in the heart of California’s San Gabriel Valley. The 91790 zip code is a charming blend of suburban tranquility and urban convenience, making it an ideal location for families, professionals, and investors alike. With its picturesque neighborhoods, excellent schools, and a plethora of shopping and dining options, West Covina truly has something for everyone.

One of the standout features of this area is its diverse range of real estate opportunities, particularly in the multi-family housing sector. Homes with a multi-family subtype in 91790 are perfect for those looking to invest in rental properties or accommodate extended family. These residences often feature spacious layouts, multiple units, and shared amenities, providing both comfort and convenience. Whether you’re seeking a duplex, triplex, or larger multi-unit complex, the options here are plentiful and appealing.

Living in West Covina means enjoying a lifestyle enriched by outdoor activities, parks, and community events. Residents can take advantage of the local parks, such as the expansive Galster Wilderness Park or the family-friendly Cortez Park, perfect for weekend picnics and leisurely strolls. The city’s strategic location also ensures easy access to major freeways, making commutes to nearby cities a breeze.

In summary, the 91790 zip code in West Covina is a thriving community with a strong sense of belonging and a promising real estate market, especially for multi-family homes. Explore the possibilities and discover your perfect home or investment opportunity in this delightful California city!

Newest 91790 Homes with Multi Family Subtype

1127 1131 E Garvey Avenue N, West Covina
$6,800,000
P1-28578 MLS ⋅ Active Status
Exceptional opportunity to acquire West Covina Terrace Apartments, a well-located 28-unit multifamily apartment community situated at 1127-1131 E Garvey Ave N in West Covina. Built in 1958, the two-story property encompasses approximately 18,382 square feet of building area on an approximately 33,829-square-foot (0.78-acre) lot.The property is currently generating approximately $539,000 in annual gross income, providing an investor with substantial in-place revenue from day one. With an asking price of $6,800,000, the property is offered at approximately $243,000 per unit, an attractive basis for a 28-unit multifamily asset in the San Gabriel Valley. In addition to its current income stream, the property offers the potential for future revenue growth through continued professional management and the opportunity to increase rents over time as permitted.West Covina Terrace features a desirable and diversified unit mix consisting of 4 studio units, 20 one-bedroom/one-bathroom units, and 4 two-bedroom/one-bathroom units. The strong concentration of highly marketable one-bedroom apartments, complemented by studio and two-bedroom residences, appeals to a broad tenant base and provides a balanced rental mix.Additional property features include a gated courtyard-style setting, community laundry facilities, 28 separately metered electrical services, and designated on-site parking for every unit. Providing each residence with assigned parking is a particularly desirable amenity in the Southern California rental market and further enhances the property's tenant appeal.Strategically positioned along the Garvey Avenue corridor, the property offers excellent access to the I-10 Freeway and is conveniently located near Plaza West Covina, shopping, restaurants, employment centers, schools and everyday services. Its central San Gabriel Valley location provides convenient connectivity to surrounding communities and the greater Los Angeles area.The surrounding area also benefits from attractive demographics, with approximately 23,000 residents and more than 7,000 households within a one-mile radius, along with a median household income of approximately $89,000.

1127 1131 E Garvey Avenue N, West Covina
Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

How much is your home worth?

Get instant property value now!