DRE #00338699
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4540 N Lark Ellen Avenue $11,999,999


4540 N Lark Ellen Avenue Covina, CA 91722

  • 0 Beds
  • 0 Baths
  • 35,746 sq.ft.
  • Multi-Family
MLS# SB19083270 | Pending
Days On Market: 129 2 Views
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Property Details

We are pleased to present this unique opportunity to acquire forty-four two bedroom one bathroom units situated in the thriving Covina market. This asset extends the opportunity for a new investor to capitalize on healthy current rents with nearly 20% upside potential. The owner has meticulously maintained the property, it is in outstanding condition. The building features an abundance of parking (88 spaces). Lush landscaping throughout, inviting pool and spa area, separate barbecue pit and a relaxing gazebo within the common area. Large laundry room which produces significant income. The asset is situated within walking distance to Northview High School and Lark Ellen Elementary school. This outstanding location is also in close proximity to many other local amenities and freeways.

  • General Features
    • Number Of Units Leased 44
    • Number Of Separate Water Meters 0
    • Number Of Separate Electric Meters 44
    • Number Of Separate Gas Meters 0
    • Number Of Units Total 44
    • Year Built 1984
    • County Or Parish Los Angeles
    • Number Of Buildings 4
  • Building Features
    • Carport Spaces 73.00
    • Cooling Central Air
    • Exterior Features Barbecue Private
    • Heating Central
    • Laundry Features Common Area,Community
  • Property Features
    • Lot Size Acres 1.38
    • Lot Features Landscaped, Lot Over 40000 Sqft
    • Pool Private Y/N 1
    • Pool Features Private,Fenced
    • Parking Total 73.00



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Market Last 30 Days

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Property History

Date Event Price Percent Change
-- Current Price Source New Value: $11,999,999
7/23/2019 10:16:57 AM Status Changed Source New Value: Pending
6/22/2019 2:47:39 PM Price Reduced Source New Value: $11,999,999 -7.69%
5/29/2019 4:18:31 PM Price Reduced Source New Value: $12,999,999 -7.14%
4/15/2019 11:48:00 AM New in Database Source New Value: $13,999,999

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Based on information from California Regional Multiple Listing Service, Inc. as of 8/22/2019 2:56:20 PM. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.