Wednesday, June 25, 2008

West Covina House For Sale $349,000

Bed: 3
Bath(F,T,H,Q): 1
Sqft: 1,130
Lot SF: 7,524
YrBuilt: 1951
SchDist: Covina Valley Unified

Description: GREAT STARTER HOME ON A NICE STREET. ORIGINAL CONDITION, BUT VERY NICE & CLEAN. EXPOSED HARDWOOD FLOORS. HOME HAS BEEN WELL MAINTAINED, NOTICE THE SPARKLING FIXTURES! SOME NEWER WINDOWS. EATING AREA IN LIVING ROOM AS WELL AS IN THE KITCHEN. INSIDE LAUNDRY. HUGE ENCLOSED PATIO, (MAY NOT BE ON PERMIT) - 2-CAR DETACHED GARAGE. LARGE PRIVATE BACKYARD W/BLOCK WALLS. WASHER/DRYER, REFRIGERATOR AND STOVE IS INCLUDED IN SALE. GREAT OPPORTUNITY FOR FIRST TIME BUYER OR POSSIBLY INVESTOR.










Wednesday, June 11, 2008

West Covina Business Opportunity $90,000

Business Type: Food Services

Sqft: 1,800

Mnthly Rent: $3,522

Property Description: Facility recently remodeled. Brand new kitchen, seating area, bar and equipment. Recently installed Karaoke setup w/ 2 50" display units.




Thursday, May 29, 2008

West Covina Office Building $4,365,000

Building Size:20,300 SF
Lot Size:53,339 SF
Price/SF:$215.02
Cap Rate:9.26%

Property Description:
The offering is comprised of a pair of Office Buildings totaling 20,300 SF of rentable area in the city of West Covina. The subject property is ideally located in the heart of the West Covina Office market in-between major on/off ramps to Interstate 10 - Barranca Street and Citrus Avenue. In addition, the subject property is located directly across from the Eastland Center Mall with retailers including: Target, IKEA, Ross, Bed Bath & Beyond, Circuit City, and restaurants such as TGI Fridays, Islands, BJ's, and more.

This investment provides an investor the unique opportunity to acquire an investment with huge upside potential with below average rents, ideal location in the bustling West Covina Office Market. By taking current rents to market, an investor could achieve a 9% cap rate return.

Property Types:Office Building
Medical Office
Parking Ratio:3.94 / 1,000 SF

Office-Business Park


Office-R&D

Net Operating Income:$404,200

Tenancy Type: Multiple

Tuesday, May 20, 2008

West Covina Bank Owned Property $320,000

Bed: 3
Bath(F,T,H,Q): 1
Sqft: 1,112
Lot SF: 9,740
YrBuilt: 1954

Description: Bank owned property. This home was previously updated and needs minor cosmetic repairs. Newer kitchen with natural wood cabinets and built-ins. Laminated wood flooring in LR & DR. Living room has a corner fireplace. The garage has been converted to living quarters with a 3/4 bath and kitchenette. (No permit). Large yard offers potential for future expansion. Property sold in "AS IS" condition.





Friday, April 11, 2008

West Covina Residential Income ( 4 Units ) $960,000

Yr Built: 1977

SqFt: 4,050

Lot SqFt: 9,710

Tenant Pays: Cable TV,Electricity,Gas
Description: Excellent four units town house style in great location behind the new development next to the Field of Dream in West covina. All with direct garage access, no rent cotrol. All units have dishwasher and central air/heat. Units have been kept well with its own patios. Garage doors are brand new. Room to increase rent.

Gross Sched Income: $62,700
Net Oper Income: $47,682
Operating Expense$/%: $15,018

Unit Information
No Bed Bath F/UP Act Rent
Total Rent Prfrma Rent

1 3 1.50
$1,550
$1,550




2 2 1.50
$1,250
$1,250




3 2 1.00
$1,100
$1,100




4 2 1.50
$1,325
$1,325















West Covina Business Opportunity ( Beauty ) $49,900

Business Type: Beauty

Sqft: 850

Mnthly Rent: $1,675

Property Description: VERY NICE BUSINESS LOCATION.

West Covina Remodeled Home with Sunset Views $559,900

Bed: 3
Bath(F,T,H,Q): 1
Sqft: 1,683
Lot SF: 5,714
YrBuilt: 1976

Description: Wonderful totally remodeled home with sunset views.Kitchen with upgraded granite,new appliances,and cabintry. Baths are all new and ready for your enjoyment. All flooring is new also from hardwood to custom ceramic tile flooring. Owner spend over $100,000 upgrading complete turn key residence.Short escrow possible.