1916 E Lainie Street, West Covina, 91792

Residential - Single Family For Sale

$690,000

6Beds
2Baths
1,960Sqft
.14Acres
2Garages
1978Built
13DOM
MLS® #: AR19260673
Active, 13 Days on Market

Rare investment opportunity in one of the best West Covina locations, walking distance to Walnut City, close proximity to Mt Sac College, Cal Poly Pomona, K-12 schools, walking distance to public transportation and groceries! Side by side units with private entrances: Unit A has 4 bedrooms and Unit B has 2 bedrooms. Property is SFR, single family residences are exempt from rent control! Total income potential is $4000-$4100 per month, CAP rate of 7.0%!!! New Central A/C and heating, In unit washer and dryer hookup(in large unit), newly remodeled kitchen, new laminate flooring, newer roof and more! Two car garage and two car driveway with countless street parking. Perfect opportunity to rent both units for an extremely high return rate OR live in one side and rent the other side to assist paying for the mortgage! Property can be delivered furnished with refrigerator, washer, dryer and stove!

Essential Information

MLS® #: AR19260673
Price: $690,000
Bedrooms: 6
Bathrooms: 2.00
Full Baths: 2
Square Footage: 1,960
Acres: 0.14
Year Built: 1978
Type: Residential
Sub-Type: Single Family
Status: Active

Community Information

Address: 1916 E Lainie Street
Area: West Covina (669)
City: West Covina
County: Los Angeles
State: CA
Zip Code: 91792

Amenities

Parking Spaces: 2
# of Garages: 2
View: City Lights View, Mountain View
Pool: None

Interior

Interior Features: Turnkey
Appliances: Gas Dryer Hookup
Heating: Central Furnace
Cooling: Central A/C
Fireplace: Yes
Fireplaces: Living Room
# of Stories: 1
Stories: One Level

Exterior

Lot Description: 2-5 Units/Acre

School Information

District: West Covina

Additional Information

Date Listed: November 7th, 2019
Days on Market: 13
Zoning: WCPCD1*
HOA Fees: 0.00

Listing Details

Listing Agent: Diane Shi(01914089)
Listing Office: Echain Realty

Financials

$/SqFt: $352

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Listing information last updated on November 21st, 2019 at 6:02pm PST.

Based on information from California Regional Multiple Listing Service, Inc. as of November 21st, 2019 at 6:14pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.