West Covina, CA 91790,2225 W Merced AVE
West Covina, CA 91790,2225 W Merced AVE
West Covina, CA 91790,2225 W Merced AVE
West Covina, CA 91790,2225 W Merced AVE
West Covina, CA 91790,2225 W Merced AVE
West Covina, CA 91790,2225 W Merced AVE
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$ 1,000,000
Est. payment | /mo

0.46 Acres Lot


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$ 1,000,000
Est. payment | /mo
Save

0.46 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR25260157

HOA Y/N No

Year Built 1939

Lot Size 0.458 Acres

Property Sub-Type Duplex

Property Description

Prime duplex investment opportunity in West Covina, conveniently located near the 10 Freeway. The front unit features 3 bedrooms and 2 bathrooms with partial renovations, a wall AC unit, and wall heater. The rear unit offers 1 bedroom and 1 bathroom, ideal for additional rental income.

Both units are tenant-occupied with reliable, on-time payments. Current rents are $3,000/month (front) and $1,600/month (rear), generating a total of $4,600/month with a 3.5% cap rate. The property also boasts a gigantic yard, offering excellent potential for future development or expansion.

Don't miss this rare chance to acquire a well-located, income-producing duplex with long-term upside.

Location

State CA

County Los Angeles

Area 669 - West Covina

Rooms

Other Rooms Guest House

Interior

Interior Features Ceiling Fan(s), Recessed Lighting, All Bedrooms Down

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Wood

Fireplaces Type Family Room

Fireplace Yes

Appliance Dishwasher, Gas Range, Microwave, Water Heater

Laundry Washer Hookup, Gas Dryer Hookup, Laundry Room

Exterior

Exterior Feature Lighting

Parking Features Driveway, Garage

Garage Spaces 1.0

Garage Description 1.0

Fence Wire

Pool None

Community Features Storm Drain(s), Street Lights, Suburban

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Shingle

Accessibility None

Total Parking Spaces 2

Private Pool No

Building

Lot Description 2-5 Units/Acre

Faces Southwest

Story 1

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories One

Additional Building Guest House

New Construction No

Others

Senior Community No

Tax ID 8468001047

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash to New Loan, Conventional

Listing Terms Cash to New Loan, Conventional

Special Listing Condition Standard

CRMLS – RECore
Listed by Ian Ho A + Realty & Mortgage 626-482-8818

Schools and Properties Nearby

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    San Jose Charter Academy

    Public | KG - 8

  • 9

    Fairgrove Academy

    Public | KG - 8

  • 9

    Merced Elementary School

    Public | KG - 5

  • 8

    Kenmore Elementary School

    Public | KG - 6

  • 8

    Manzanita Elementary School

    Public | KG - 5

  • 8

    Merlinda Elementary School

    Public | KG - 6

  • 8

    Rowland Avenue Elementary School

    Public | KG - 5

  • 7

    Don Julian Elementary School

    Public | KG - 5

  • 7

    Santa Fe Elementary School

    Public | 3 - 8

  • 7

    California Elementary School

    Public | KG - 6

  • 7

    Grovecenter Elementary School

    Public | KG - 5

  • 6

    Sunset Elementary School

    Public | KG - 6

  • 6

    Edgewood Academy

    Public | KG - 8

  • 6

    Baldwin Academy

    Public | KG - 6

  • 6

    Monte Vista Elementary School

    Public | KG - 6

  • 6

    Merwin Elementary School

    Public | KG - 5

  • 5

    De Anza Elementary School

    Public | KG - 6

  • 5

    Walnut Elementary School

    Public | KG - 5

  • 5

    J. E. Van Wig Elementary School

    Public | KG - 5

  • 5

    Sunkist Elementary School

    Public | KG - 5

Middle Schools 10
  • 6

    Sierra Vista Junior High School

    Public | 7 - 8

  • 6

    Walnut Grove Intermediate School

    Public | 7 - 8

  • 5

    Torch Middle School

    Public | 6 - 8

  • 5

    Olive Middle School

    Public | 6 - 8

  • 5

    Charles D. Jones Junior High School

    Public | 7 - 8

  • 5

    Sparks Middle School

    Public | 7 - 8

  • 5

    Las Palmas Middle School

    Public | 6 - 8

  • 4

    Jerry D. Holland Middle School

    Public | 6 - 8

  • 4

    Edgewood Middle School

    Public | 6 - 8

  • 3

    Sierra Vista Middle School

    Public | 7 - 8

High Schools 14
  • 8

    Edgewood High School

    Public | 9 - 12

  • 7

    La Puente High School

    Public | 9 - 12

  • 7

    West Covina High School

    Public | 9 - 12

  • 6

    Bassett Senior High School

    Public | 9 - 12

  • 6

    Baldwin Park High School

    Public | 9 - 12

  • 6

    Northview High School

    Public | 9 - 12

  • 5

    Sierra Vista High School

    Public | 9 - 12

  • 5

    William Workman High School

    Public | 9 - 12

  • 5

    Gladstone High School

    Public | 9 - 12

  • 0

    Nueva Vista Continuation High School

    Public | 10 - 12

  • 0

    Bishop Amat High School

    Private | 9 - 12

  • 0

    North Park Continuation High School

    Public | 9 - 12

  • 0

    East San Gabriel Valley Regional Occupational Program

    Public | 9 - 12

  • 0

    Coronado High (Continuation)

    Public | 9 - 12

School and business data provided by Attom Data.

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2225 W Merced AVE