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1741 E Nanette Ave - Woodbridge Apartment 4 Unit Apartment Building Offered at $2,049,070 CAD at a 4.64% Cap Rate West Covina, CA 91792



Investment Highlights
- Great 4-plex
- Has a club house and community pool
- Attached Garages
Executive Summary
First Time in the Market after almost 50 years. Original Owners. We are please to present this well-maintained four-unit property in the desirable community of Woodbridge in West Covina, conveniently located within a short walking distance to supermarkets, restaurants, and public transportation. The amenities in this Woodbridge Community include a club house and community pool and comprises. These are the brief description of the 4 units on the subject property. Unit 1: Is very spacious 3-bedroom, 1.5-bathroom unit featuring a large living room with a fireplace, a dining room, and a kitchen with ample cabinetry. This unit also offers a private enclosed patio, laminated wood floors, a powder room downstairs, an upstairs bathroom with dual sinks, and an attached two-car garage. Unit 2: This is a 2-bedroom, 1.5-bathroom unit with a living room, dining room, and a good-sized kitchen. It also has a guest powder room downstairs, a full bath upstairs, a private patio, carpet floors throughout, an attached one-car garage, and a covered carport. Unit 3: Similar in layout as Unit 2, this 2-bedroom, 1.5-bathroom unit includes an attached one-car garage and an additional uncovered parking space. Laminated wood floors. Has an enclosed backyard. Unit 4: A 2-bedroom, 1.5-bathroom unit featuring a living room, dining room, and a good-sized kitchen. Laminated wood floors. It also has a shared full bath with an extra sink, a balcony, a one-car garage, and an uncovered parking space. Separate meters for electricity and gas for each unit. Individual laundry hookups are located in each individual garage. Unit 3 & 4 have a newer A/C unit. This property is a gem in a sought-after community, popular with renters, and is ideal for investors seeking a stable asset with appreciating value to add to their portfolio.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,049,070 CAD | Property Type | Multifamily |
| Price Per Unit | $512,267 CAD | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 4,050 SF |
| Cap Rate | 4.64% | Average Occupancy | 100% |
| Gross Rent Multiplier | 14.09 | No. Stories | 2 |
| No. Units | 4 | Year Built/Renovated | 1977/2024 |
| Zoning | WCPD1 - Properties in a WCPD zone are governed by a Development Plan or Specific Plan Ordinance. | ||
| Price | $2,049,070 CAD |
| Price Per Unit | $512,267 CAD |
| Sale Type | Investment |
| Cap Rate | 4.64% |
| Gross Rent Multiplier | 14.09 |
| No. Units | 4 |
| Property Type | Multifamily |
| Lot Size | 0.24 AC |
| Building Size | 4,050 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1977/2024 |
| Zoning | WCPD1 - Properties in a WCPD zone are governed by a Development Plan or Specific Plan Ordinance. |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Yard
Site Amenities
- Pool
- Multi Use Room
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
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1741 E Nanette Ave - Woodbridge Apartment
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