568 E Colorado Avenue | Los Angeles | State of California | Prices, Plans, Availability

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568 E Colorado Avenue

USD 2,500,000

Property ID: CV23140980

568 E Colorado Avenue ,91740

10741 SqFt

Built in 1963

USD 233/SqFt

0 Bed

0 Full

Location Street View

Direction

Interior Details

Bedrooms

Bathrooms

Interior Size

6912

Construction Details

Property Type --

Property Condition --

Architectural Style --

New Construction --

Year Built 1963

Detailed Introduction Of This Home

Incredible investment opportunity! You'll never want for tenants with this seven-unit building with plenty of parking, set on a quiet cul-de-sac amid amazing mountain views in the city of Glendora. Two of the seven are updated with new kitchen counters, cabinets, stainless steel sinks, and wood laminate flooring. The building itself boasts a new roof (2023), new exterior paint, and an upgraded laundry room with a new washer. The building's plumbing also has been upgraded within the past five years. The tenants enjoy seven covered parking spaces and an additional three open spaces. All units have long-term tenants. There's upside rent potential which could increase cap rate to 4.8% . Buyer to complete their own due diligence in regard to all aspects of the property, including income, expenses, and potential rents.

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