645 S Eremland Dr, Covina, CA 91723

$1,525,000
8
BD
5
BA
3,690
SqFt
List Price
$1,525,000
MLS#
24-359121
Status
PENDING
Type
Multifamily
Bedrooms
8
Bathrooms
5
Living Area
3,690

Property Description

Lee & Associates Apartment Advisors is pleased to present Eremland Apartments in Covina, CA. Located at 645 S. Eremland Drive, the five unit apartment community was built in 1956. The unit mix is comprised of two x one bedroom/one bath and three x two bedroom/one bath units. The property is located on a quiet cul de sac street and situated on a 7,105 square foot parcel. The units are separately metered and the on-site laundry machines are owned. A new central water heater was installed in 2022, and the staircase was recently replaced. The property is subject to AB 1482 state rent caps which allow for annual rent increases of a minimum of 5% and maximum of 10%. Long term tenants. Please do not disturb tenants or walk on property.

Additional Information

Year Built
1956
Garage
Community Garage

Mortgage Calculator

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Courtesy of Robert Leveen, Robert Leveen.

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