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Listed by Douglas McCauley • MARCUS & MILLICHAP
$ 10,500,000
Est. payment /mo
Active
4810 N Vincent Avenue Covina, CA 91722
26,969 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 26,969 sqft
Price per Sqft $389
MLS Listing ID CRCV25125484
HOA Y/N No
Year Built 1984
Lot Size 1.372 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
Vincent Village Apartments, located at 4810 North Vincent Avenue in unincorporated Los Angeles County, California. The property offers a compelling financial advantage with an assumable loan of approximately $4,700,000 with Chase Bank, payable at a 3.49% fixed interest rate through May 2027. Constructed in 1984, this 38+2 unit multifamily investment is situated on a spacious 1.37-acre parcel with an approximate building size of 26,969 square feet. The property comprises thirty-eight two-bedroom/onebathroom units and two non-conforming studio/one-bathroom units. Select units feature laminate/tile flooring, granite or quartz countertops, dishwashers, and private patios or balconies. All apartments are equipped with wall A/C and heating units, gas ranges, and are individually metered for gas and electricity. Additional amenities include two central water heaters, copper plumbing, a gated entry, swimming pool, on-site laundry facility (leased), a manager’s office with bathroom, and a greenbelt area with the potential to build eight ADUs. Parking accommodations consist of 41 carport spaces and 32 open parking spaces, along a concrete driveway. Unincorporated Los Angeles County is subject to its own rent control ordinance (buyer to verify). Vincent Village Apartments is ideally posit
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Common Area
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