West Covina, CA 91792,2425 S Ridgewood DR
West Covina, CA 91792,2425 S Ridgewood DR
West Covina, CA 91792,2425 S Ridgewood DR
$1,560,000
Est. payment /mo
$1,550,000
0.6%
Est.Price: ?

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10,084 Sqft Lot
SOLD DATE : 04/30/2024

Key Details

Sold Price $1,560,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW24060461

Sold Date 04/30/24

HOA Y/N Yes

Year Built 1978

Lot Size 10,084 Sqft

Property Description

We are pleased to present 2425 S Ridgewood Dr, a four unit property located in West Covina, CA to market. This pride of ownership asset has been completely replumbed with copper throughout and lies in an exclusive community where tenants have access to a community pool. The property consists of one 3 bed/2 bath unit and three 2 bed/2 bath units. In addition each unit has its own washer/dryer hookup. There are four single car garages and one double car garage on the property and is separately metered for electric and gas. Rents are currently 40% below market rate allowing a new investor substantial upside in future income. Ridgewood Drive presents an opportunity for an investor to get into a well maintained building in a market where only a handful of buildings sell each year.

Location

State CA

County Los Angeles

Area 669 - West Covina

Zoning WCPCD1*

Interior

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool Association

Community Features Foothills

Total Parking Spaces 6

Private Pool No

Building

Lot Description Gentle Sloping

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 8735010022

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jackson Jorgensen • Younglewin Advisors, Inc. • jackjorgs@gmail.com
Bought with Edwin Mariscal • CRE Advisory Group

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Todd McIntosh

+1(310) 770-8626

Agent | License ID: 01472763

Agent License ID: 01472763

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