$1,600,000
$1,499,900
6.7%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
7 Baths
9,004 Sqft Lot
SOLD DATE : 10/22/2024
Key Details
Sold Price $1,600,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV24191220
Sold Date 10/22/24
Bedrooms 9
HOA Fees $225/mo
HOA Y/N Yes
Lot Size 9,004 Sqft
Property Description
We are thrilled to present 2400 S Ridgewood Dr, a well maintained four-unit property in desirable West Covina. This outstanding asset is located in a sought-after community with access to a shared pool. The property comprises: Unit 1: A spacious 3-bedroom, 1.5-bathroom unit featuring a large living room with a fireplace, a dining room, a kitchen with granite countertops, ample cabinetry, and stainless steel appliances including a stove, range hood, dishwasher, and fridge. This unit also offers a private patio, a powder room downstairs, an upstairs bathroom with dual sinks, and a two-car garage. Unit 2: This 2-bedroom, 1.5-bathroom unit includes a living room, dining room, kitchen with granite countertops, and appliances including a fridge. It also has a guest powder room downstairs, a full bath upstairs, a private patio, a one-car garage, and a covered carport. Unit 3: Similar in interior layout to Unit 2, this 2-bedroom, 1.5-bathroom unit includes a one-car garage and an additional uncovered parking space. Unit 4: This 2-bedroom, 1-bathroom unit features a living room, dining room, kitchen with granite countertops, and appliances including a fridge. It also has a shared full bath with an extra sink, a balcony, a one-car garage, and an uncovered parking space. All units and the buildings exterior have been freshly painted. New AC installed last December in all units. Additional features include dual-pane windows, tiled and laminate wood flooring, updated kitchens and bathrooms, separate meters for electricity and gas, and individual laundry hookups. Units 1,2,4 are vacant a
We are thrilled to present 2400 S Ridgewood Dr, a well maintained four-unit property in desirable West Covina. This outstanding asset is located in a sought-after community with access to a shared pool. The property comprises: Unit 1: A spacious 3-bedroom, 1.5-bathroom unit featuring a large living room with a fireplace, a dining room, a kitchen with granite countertops, ample cabinetry, and stainless steel appliances including a stove, range hood, dishwasher, and fridge. This unit also offers a private patio, a powder room downstairs, an upstairs bathroom with dual sinks, and a two-car garage. Unit 2: This 2-bedroom, 1.5-bathroom unit includes a living room, dining room, kitchen with granite countertops, and appliances including a fridge. It also has a guest powder room downstairs, a full bath upstairs, a private patio, a one-car garage, and a covered carport. Unit 3: Similar in interior layout to Unit 2, this 2-bedroom, 1.5-bathroom unit includes a one-car garage and an additional uncovered parking space. Unit 4: This 2-bedroom, 1-bathroom unit features a living room, dining room, kitchen with granite countertops, and appliances including a fridge. It also has a shared full bath with an extra sink, a balcony, a one-car garage, and an uncovered parking space. All units and the buildings exterior have been freshly painted. New AC installed last December in all units. Additional features include dual-pane windows, tiled and laminate wood flooring, updated kitchens and bathrooms, separate meters for electricity and gas, and individual laundry hookups. Units 1,2,4 are vacant and ready for move-in at market rate. Unit 3 is scheduled to move out by mid Oct. All units will be delivered vacant at closing. The Gross Scheduled Income is not guaranteed and based on Pro Forma ESTIMATED Rent. Buyer is to perform own research. 2400 S Ridgewood Dr represents a rare opportunity for investors to acquire a well-cared-for property in a market where available options are limited. Buyer to cooperate with sellers 1031 exchange at no cost. Square footage has not been measured; buyers are encouraged to verify.
Location
State CA
County Los Angeles
Area West Covina (91792)
Zoning Assessor
Building
Lot Description Corner Lot, Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Others
HOA Name Woodbridge HOA
Monthly Total Fees $414
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Financing Conventional
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Bought with Dennis Lo • Gainspot Inc.
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