SELLER FINANCING AVAILABLE. We are pleased to exclusively present the opportunity to acquire 316 East Orlando Way, a 6-unit multifamily investment property in the city of Covina, California. The property is a two-story building constructed in 1962 with a building size of 4,692 square feet and is situated on a 7,956 square feet parcel. The property consists of five one-bedroom/one-bathroom and one two-bedroom/two-bathroom floor plans. The property features a secured entrance, on-site laundry room, two storage rooms, covered stairwell, and eight carport parking spaces with storage units. Selected units offer a fireplace in the living room. The units are individually metered for gas and electricity. The offering is conveniently located just one mile north from the closest on and off ramp of Interstate 10 Freeway, providing residents with east access to cities in San Gabriel Valley and Inland Empire. With a very walkable score of 73 out of 100, the apartment building has an ideal rental location in a stable residential neighborhood of Covina. The property is surrounded by major retail and grocery stores including Walmart, Target, Sprouts, IKEA, and Stater Bros. Markets. Six of the many Covina-Valley Unified Schools are within a two-mile radius of the subject property, attracting lo
MLS #
CRCV24061637
MLS Source
California Regional MLS
Days on Site
39
Buyer's Brokerage Compensation*
2.00
Laundry
Community Facility
Garage/Parking
Garage: 0 Car(s)
Listing Agent
Douglas McCauley
MARCUS & MILLICHAP
License #: 01155706
Phone: (909) 456-3493
Co-Listing Agent
David Covarrubias
License #: 01941403
Phone: –
# Buildings | # Leased Units | # Total Units |
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1 | – | – |
316 E Orlando Way is a Residential Income in Covina, CA 91723. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,700,000 and was built in 1962.
This address can also be written as 316 E Orlando Way, Covina, CA 91723.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of April 26, 2024. For the most current information, please contact Douglas McCauley, (909) 456-3493