$ 3,288,000
19529 E Cypress Street Covina, CA 91724
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Listed by Douglas McCauley • MARCUS & MILLICHAP
$ 3,288,000
Est. payment | /mo
9,207 SqFt
$ 3,288,000
Est. payment | /mo
9,207 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,207 sqft
Price per Sqft $357
MLS Listing ID CRCV24217987
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1984
Lot Size 0.370 Acres
Property Description
THE EXISTING ASSUMABLE LOAN FIXED at 3.07% Until October 2026 We are pleased to exclusively present the opportunity to acquire Cypress Villa, located at 19529 East Cypress Street in unincorporated Los Angeles County, California. Cypress Villa is conveniently located near the signalized intersection of East Cypress Street and Grand Avenue. Constructed in 1984, the 11-unit multifamily investment property is situated on a 16,419 square feet rectangular parcel with a building area of 9,207 square feet. The property consists of eleven two-bedroom/one-bathroom floor plans and features an on-site laundry room, copper plumbing, central water heater, and central air conditioning and heating. For parking, there are eleven tuck-under parking spaces with storage units, six carport parking spaces, and five open space parking spaces (Two parking spaces per unit). The majority of windows have been upgraded with new dual-pane windows. Selected kitchens and bathrooms were recently renovated. All units are individually metered for gas and electricity. Unincorporated Los Angeles County has their own rent control (Buyer to verify). Cypress Villa is ideally situated with easy access to Interstate 210, 10 and CA 57 freeways. With its central location and proximity to Downtown Los Angeles, the city is
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Other
Building
Lot Description Other
Water Public
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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227