449 Puente St
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449 Puente St
5 Unit Apartment Building $1,700,000 ($340,000/Unit) 4.30% Cap Rate Covina, CA 91723
Executive Summary
Apartment complex in a Prime Location close to Eastland Shopping & Downtown Covina. (5) units consisting of (4) 2-Bedroom units and (1) 3-Bedroom unit. 100% occupied with all tenants up to date on their rent and close to market rates.
Property Facts Under Contract
| Price | $1,700,000 | Apartment Style | Low Rise |
| Price Per Unit | $340,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.25 AC |
| Cap Rate | 4.30% | Building Size | 5,022 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 1.19/1,000 SF |
| Price | $1,700,000 |
| Price Per Unit | $340,000 |
| Sale Type | Investment |
| Cap Rate | 4.30% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 5,022 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.19/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 10+2 | 5 | - | - |
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Walk Score ®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 8445-015-034 | Improvements Assessment | $482,490 |
| Land Assessment | $1,179,420 | Total Assessment | $1,661,910 |
PROPERTY TAXES
Parcel Number
8445-015-034
Land Assessment
$1,179,420
Improvements Assessment
$482,490
Total Assessment
$1,661,910
zoning
| Zoning Code | CVR3-RD200 |
| CVR3-RD200 |
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449 Puente St
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