Welcome to Algiers Apartments, an 18-unit multifamily property located at 233 S Bandy Ave, West Covina, CA 91723. This property presents an excellent investment opportunity with a desirable unit mix of ten 1-bedroom/1-bathroom units, and eight studio units located on a 12,559 SF lot. Built in 1957, the two-story building… Read More features an onsite pool, 14 parking spots, and laundry facilities, adding to the appeal for tenants. Situated in a prime central location, the property offers easy access to the 10 Freeway and is less than a mile from West Covina High School and Plaza West Covina, home to popular destinations such as Porto’s Bakery, Macy’s, Nordstrom Rack, and Best Buy. Read Less
Property listed by Keller Williams Sierra Madre, Jagmeet Singh 626-272-5941
Listing Snapshot
Days Online
1
Last Updated
Property Type
Apartment
Lot Size
0.29 Acres
Year Built
1957
MLS Number
AR25008475
30 Days Snapshot Of 91790
$755k
-12%
(avg) sold price
1
-83%
home sold
134
+103%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1957, Building area total: 8,556, 1 building, Architectural style: , Attached, Common walls: OneCommonWall
Community
Sidewalks, Pool
Expenses
Electric expense: $6,880, Insurance expense: $14,400, Operating expense: $116,393, Trash expense: $7,480, Water sewer expense: $8,560
Income
Gross income: $37,320, Net operating income: $245,728
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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