Courtesy of: Ian Ho, A + Realty & Mortgage, ian@agentho.com
Courtesy of: Ian Ho, A + Realty & Mortgage, ian@agentho.com
$1,000,000
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4 bed
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3.00 Bath (3 Full)
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Lot: 19,972.00 Square Feet
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Duplex
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$1,000,000
2225 W Merced Avenue 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. Don’t miss this rare chance to acquire a well-located, income-producing duplex with long-term upside.
Courtesy of: Ian Ho, A + Realty & Mortgage, ian@agentho.com
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