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
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0.46 Acres Lot
Active

2225 W Merced AVE West Covina, CA 91790

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRTR25260157

Style Bungalow

Year Built 1939

Lot Size 0.458 Acres

Property Sub-Type Duplex

Source California Regional MLS

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

Kitchen Dishwasher, Microwave, Oven Range - Gas

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Laundry Gas Hookup, In Laundry Room, 30

Exterior

Parking Features Garage, Other

Garage Spaces 2.0

Pool 31, None

View None

Roof Type Shingle

Building

Story One Story

Foundation Raised

Water Hot Water, District - Public

Architectural Style Bungalow

Others

Tax ID 8468001047

Special Listing Condition Not Applicable


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Carlos Gutierrez

Carlos Gutierrez

Agent | License ID: 1461866

+1(831) 345-9991

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2225 W Merced AVE