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2225 W Merced Avenue

West Covina, CA 91790
  • $1,000,000
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: TR25260157
UPDATED: 106 min ago
$1,000,000
  • 0
    BEDS
  • 0.46
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1939
County:

School Ratings & Info

Listing Agent(s): Ian Ho of A + Realty & Mortgage (626-855-2530)


Description

Prime duplex investment opportunity in West Covina, conveniently located near the 10 Freeway. The front unit features 3 bedrooms and 2 bathrooms with partial renovations, a wall AC unit, and wall heater. The rear unit offers 1 bedroom and 1 bathroom, ideal for additional rental income. Both units are tenant-occupied with reliable, on-time payments. Current rents are $3,000/month (front) and $1,600/month (rear), generating a total of $4,600/month with a 3.5% cap rate. The property also boasts a gigantic yard, offering excellent potential for future development or expansion. Dont miss this rare chance to acquire a well-located, income-producing duplex with long-term upside.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/169913690
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2225 W Merced Avenue West Covina, CA 91790

  • Price: $1,000,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 106 min ago
  • ID#: TR25260157
0
Beds
0
Baths
0
½ Baths
0.46
Acres
1939
Built
Neighborhood:
669 - West Covina
County:
Los Angeles
Area:
669 - West Covina
Property Description
Prime duplex investment opportunity in West Covina, conveniently located near the 10 Freeway. The front unit features 3 bedrooms and 2 bathrooms with partial renovations, a wall AC unit, and wall heater. The rear unit offers 1 bedroom and 1 bathroom, ideal for additional rental income. Both units are tenant-occupied with reliable, on-time payments. Current rents are $3,000/month (front) and $1,600/month (rear), generating a total of $4,600/month with a 3.5% cap rate. The property also boasts a gigantic yard, offering excellent potential for future development or expansion. Dont miss this rare chance to acquire a well-located, income-producing duplex with long-term upside.
Exterior Features

Architectural Style Bungalow Carport Spaces 0 Construction Materials Stucco Direction Faces Southwest Entry Level 1 Entry Location Ground Exterior Features Lighting Fencing Wire Foundation Details Raised Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 0 Open Parking Spaces 1 Other Structures Guest House Parking Features DrivewayGarage Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No Roof Shingle Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features None Appliances DishwasherGas RangeMicrowaveWater Heater Common Walls No Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features Family Room Fireplace YN Yes Flooring Wood Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(s)Recessed LightingAll Bedrooms Down

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 3.5 Common Interest None Community Features Storm Drain(s)Street LightsSuburban Contingency None. Current Financing Conventional Electric Standard Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 55200 Gross Scheduled Income 55200 Insurance Expense 3000 Land Lease YN No Laundry Features Washer HookupGas Dryer HookupLaundry Room Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New LoanConventional Maintenance Expense 700 Net Operating Income 36600 New Construction YN No Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Number Of Units Leased 2 Operating Expense 17550 Possession Close Of Escrow Property Sub Type Duplex Rent Control YN Yes Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Total Actual Rent 54000 Trash Expense 0 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Ian Ho of A + Realty & Mortgage (626-855-2530)