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2425 South Ridgewood Drive West Covina, CA 91792
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Key Details
Sold Price $1,560,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 4,050 sqft
Price per Sqft $385
MLS Listing ID PW-24060461
Sold Date 04/30/24
Year Built 1978
Lot Size 10,082 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
Zoning WCPCD1*
Interior
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Parking Features Gated
Garage Spaces 6.0
Pool Association
Community Features Foothills
Building
Lot Description Gentle Sloping
Sewer Public Sewer
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