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2601 E Valley Boulevard, West Covina, CA 91792 (MLS # AR23208685)

Price $32,000,000
Status Active
Beds n/a
Baths 0 Bath
Home size 73,826 sqft
Lot Size 5.23 ac
Days on Market 167
Nestled on a sprawling 5-acre expanse of vibrant greenery, Cambridge Garden Apartments welcomes you to an extraordinary residential community. Offering a total of 76 units, this property boasts 40 spacious 1-bedroom + 1-bathroom apartments, each spanning 850 sq. ft., and 36 generously sized 2-bedroom + 2-bathroom units, covering 1,050 sq. ft. This is an compelling investment opportunity with significant upside potential. Its robust construction, scenic grounds, and comprehensive amenities make it an investor's dream come true. Seize this opportunity to invest in an exceptional property that combines quality, convenience, and profitability. Key Features includes: 5 Acres of Natural Beauty: Embrace the serenity of lush, meticulously landscaped surroundings. Enhanced Security: The property is equipped with a comprehensive 24-hour video surveillance system for your peace of mind. Ample Carport Parking: Benefit from plentiful carport spaces, including hanging storage units and spacious walk-in storage. Solid 1978 Construction: Built to enduring 1978 construction standards, ensuring longevity and reliability. Resort-Style Amenities: Dive into relaxation with a generously sized swimming pool, complete with a pool house and a refreshing outdoor shower. Modern Laundry Convenience: A brand-new on-site coin-operated laundry room enhances convenience for residents. Thoughtful Layout: The property is thoughtfully designed with five separate dual-level buildings, each accommodating 12 units, eliminating the need for costly elevators. Picturesque Garden Setting: All these features are nestled within beautifully landscaped gardens, creating an inviting atmosphere. Prime Location: Situated in the northwest corner of West Covina, Cambridge Garden Apartments is adjacent to the City of Walnut and provides convenient access to the 60 & 57 freeways. Cambridge Garden Apartments is your gateway to a prosperous future.
Property Type(s): Residential Income
Last Updated 11/14/2023 Year Built 1978
Community West Covina County Los Angeles

Additional Details

AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
AREA West Covina
BUYER'S BROKERAGE COMPENSATION 1.500 %
CONSTRUCTION Frame, Stucco
EXTERIOR Lighting, Rain Gutters
GARAGE Assigned, Carport, Covered, Paved, Storage
HEAT Wall Furnace
LOT 5.23 acre(s)
LOT DESCRIPTION 2-5 Units/Acre
PARKING Assigned,Covered,Carport,Paved,Storage
POOL Yes
POOL DESCRIPTION Community
SEWER Public Sewer
STORIES 2
UTILITIES Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
VIEW Yes
VIEW DESCRIPTION Courtyard,Neighborhood
WATER Public
ZONING WCMF15*

Location

 

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Listed with Lotus Property Services, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of 4/28/24 7:10 PM PDT 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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