Address
1011 W Cypress Street Covina, CA
Price
$ 3,500,000
Property Attributes
- MLS#OC21013647
- TypePending
- CountyLOS ANGELES
- CityCovina
- Zip91722
- Style
- Price$ 3,500,000
- Bedrooms12
- Full Bathrooms12
- Half Bathrooms0
- Lot Size0.39 Acres
Listing Provided Courtesy Of:
Tyler Leeson with Marcus & Millichap RE Invest.
Data Source:
CRMLS
Property Description
Cypress Villa is a 12-unit multifamily investment property located at 1011 West Cypress Street, Covina, CA. Built in 1963, Cypress Villa offers of an attractive mix of 2, 1 bed/1 bath units, 3, 2 bed/1 bath units, 4, 2 bed/1.5 bath units, 2, 2 bed/1.75 bath units, and 1, 2 bed/2 bath unit. The property also offers amenities including tuck-under parking, gated access, a central courtyard, and on-site laundry. Cypress Villa is located across the street from Northview High School which has an annual enrollment of over 1,200 students. The property is also centrally located between numerous shopping centers whose anchor tenants include Walmart Supercenter, Berts Mega Mall, 99 Cents Only Stores, CVS, Smart & Final Extra!, Lowe's, and more. Cypress Villa is conveniently located in close proximity to North Azusa Boulevard and Interstates 210 and 10, providing residents with easy access to nearby employment hubs.
| Price History | |
|---|---|
| 1/21/2021 | Listed $3,500,000 |
General Features
| Carport Spaces | 17 |
|---|---|
| Carport Y/N | Yes |
| Community Features | Curbs, Sidewalks |
| Levels | Two |
| MLS Area | 699 - Not Defined |
| Pool Features | None |
| Property Type | Residential Income |
| Sewer | Public Sewer |
| Terms | Cash to New Loan, 1031 Exchange |
| Total Actual Rent | 15890 |
| Total Units | 12 |
| Water Sewer Expense | 1770 |
| Zoning | LCR3* |
Interior Features
| Common Walls | No Common Walls |
|---|---|
| Laundry Features | Common Area |
Exterior Features
| Lot Features | Lawn, Level |
|---|---|
| Lot Size Acres | 0.39 |
| Lot Size Area | 0.39 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 16988 |
| Lot Size Units | Acres |
| Number of Buildings | 1 |
| Number of Separate Electric Meters | 12 |
| Number of Separate Gas Meters | 12 |
| Number of Separate Water Meters | 1 |
| Total Parking | 17 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 91722
Price
Visits
Year Built
Walkscore
Based on information from California Regional Multiple Listing Service, Inc. as of April 22, 2021 2:36 AM UTC 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.
Based on information from California Regional Multiple Listing Service, Inc. as of April 22, 2021 2:36 AM UTC 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.
