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Key Details
Sold Price $26,350,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 73,826 sqft
Price per Sqft $356
MLS Listing ID 25571751
Sold Date 09/15/25
Bedrooms 99
Year Built 1978
Lot Size 5.228 Acres
Acres 5.2276
Property Sub-Type Multi-Family
Property Description
**SELLER FINANCING**4-5% INTEREST ONLY | 7-10 YEARS | ONLY $5.5-6M DOWN Maywood Property Group is pleased to present this 76-unit garden-style apartment community in high-demand West Covina. A rare gem offering scale, stability, and true upside on an exceptional 5.5-acre parcel, an extraordinary find in land-starved Los Angeles County.With all new roofs and windows installed in the last 56 years, copper plumbing, and updated electrical sub-panels in over 70% of units, the property is well-positioned for long-term, low-maintenance ownership. A large, unused section of land in the northeast corner presents prime development or detached ADU potential, adding another layer of value. Typically reserved for institutional players, this asset is uniquely accessible thanks to attractive seller financing with minimal down payment requirements. Strong in-place cash flow and clear rental upside make this offering a standout opportunity in one of LA County's most competitive rental markets.
Location
State CA
County Los Angeles
Area West Covina
Zoning WCMF15*
Rooms
Other Rooms Pool House
Interior
Heating Wall
Cooling Wall Unit(s)
Equipment Built-Ins, Cable, Dishwasher, Ceiling Fan, Garbage Disposal, Refrigerator
Exterior
Parking Features Covered Parking
Building
Level or Stories Multi/Split
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Non-Participant Office
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Ivan Perez
Broker Associate | License ID: 01952891
Broker Associate License ID: 01952891