Thank you
Vincent Medina
Lotus Property Services, Inc.
626-582-8001
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.
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Water Source : Public
Sewer : Public Sewer
Roof : Composition,Shingle
Exterior Property Features : Lighting,Rain Gutters
Fireplace: None
Wall/Window Unit(s)
Air Conditioning
Wall Furnace
Has Heating
Fireplace Features: None
Has Fireplace: 0
Year Built: 1978
Building Area Total: 73,826
Construction: Frame,Stucco
Roof: Composition,Shingle
Lighting,Rain Gutters
Closed Circuit Camera(s),Carbon Monoxide Detector(s),Resident Manager,Smoke Detector(s)
Community
Common Area
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 5.2276
Lot Size Source: Assessor
Lot Size Square Feet: 227714
Original List Price: 32,000,000
Listing Contract Date: 2023-10-16
Listing Agreement: Exclusive Right To Sell
Parcel Number: 8725001019
Garage Description: Assigned,Covered,Carport,Paved,Storage
Lease Term: Negotiable
Tenant Pays: Electricity
Source Listing Status: Active
Source Neighborhood: 669 - West Covina
Postal Code Plus 4: 3053
Directions: I-605 S and CA-60 E to S Nogales St. Take exit 20 from CA-60 E. Nogales turns onto Valley Blvd. Property on right hand side.
Zoning: WCMF15*
Source Property Type: Residential Income
Area: 669 - West Covina
Property SubType: Apartment
Property Age: 46
Common Walls: 1 Common Wall
Property Condition: Turnkey
Structure Type: Apartment
Year Built Source: Assessor
Entry Level: 1
Entry Location: Ground
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
3040 S Betsy Street, West Covina, CA,91792 | $711,000 | 4 | 2 | 1,312 | 5571 Sqft |
Harvestmoon, West Covina, CA,91792 | $299,000 | -- | -- | -- | 17914 Sqft |
2635 E Marlena Street, West Covina, CA,91792 | $898,000 | 4 | 2 | 1,579 | 9599 Sqft |
3449 E Calle Baja Drive, West Covina, CA,91792 | $1,399,000 | 6 | 4 | 2,582 | 9241 Sqft |
2007 Edenview Lane, West Covina, CA,91792 | $900,000 | 4 | 2 | 2,047 | 5548 Sqft |
1708 Pass And Covina Road, West Covina, CA,91792 | $1,029,999 | 3 | 2 | 1,899 | 18973 Sqft |
3033 E Valley Boulevard.., West Covina, CA,91792 | $248,000 | 2 | 2 | 1,536 | -- |
1338 Oahu Street, West Covina, CA,91792 | $778,888 | 3 | 3 | 1,300 | 2378 Sqft |
2000 S Brentwood Drive, West Covina, CA,91792 | $799,900 | 4 | 2 | 1,568 | 7123 Sqft |
1914 Cumberland Dr, West Covina, CA,91792 | $935,000 | 4 | 3 | 2,131 | 6404 Sqft |
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ByOwner last updated this listing 05/17/2024 @ 15:08
MLS: AR23208685
LISTED BY: Vincent Medina, Lotus Property Services, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 1.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.