Cypress Villa Apartments | 19529 E Cypress St
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Cypress Villa Apartments 19529 E Cypress St
11 Unit Apartment Building $3,288,000 ($298,909/Unit) 4.30% Cap Rate Covina, CA 91724
Investment Highlights
- ASSUMABLE LOAN at 3.07%
- 1984 Construction / Copper Plumbing / Two Parking Spaces per Apartment
- Central Air Conditioning & Heat / Newer Windows
- Located in Unincorporated Los Angeles County / Close Proximity to Downtown Covina & Metrolink
- All Two Bedroom/One Bathroom Floor Plans / Over 50% Rental Upside
- Individually Metered for Gas & Electricity / On-Site Laundry Room
Executive Summary
Call or email us for a property Offering Memorandum.
Please don't disturb the residents. Drive-by only.
Please don't disturb the residents. Drive-by only.
Property Facts
| Price | $3,288,000 | Building Class | C |
| Price Per Unit | $298,909 | Lot Size | 0.38 AC |
| Sale Type | Investment | Building Size | 9,207 SF |
| Cap Rate | 4.30% | Average Occupancy | 100% |
| No. Units | 11 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1984 |
| Property Subtype | Apartment | Parking Ratio | 2.39/1,000 SF |
| Apartment Style | Low Rise |
| Price | $3,288,000 |
| Price Per Unit | $298,909 |
| Sale Type | Investment |
| Cap Rate | 4.30% |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 9,207 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1984 |
| Parking Ratio | 2.39/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 11 | $1,693 | 837 |
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Walk Score ®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 8404-004-046 | Improvements Assessment | $630,016 |
| Land Assessment | $628,567 | Total Assessment | $1,258,583 |
PROPERTY TAXES
Parcel Number
8404-004-046
Land Assessment
$628,567
Improvements Assessment
$630,016
Total Assessment
$1,258,583
zoning
| Zoning Code | R3, County (multiple-family dwellings) |
| R3, County (multiple-family dwellings) |
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Cypress Villa Apartments | 19529 E Cypress St
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