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2426 S Nancy St, West Covina, CA 91792 2426 S Nancy St 4 Unit Apartment Building $2,072,368 CAD ($518,092 CAD/Unit) 5.06% Cap Rate West Covina, CA 91792

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INVESTMENT HIGHLIGHTS

  • Across the street from the HOA pool and clubhouse, the 3-bedroom was designed and built as an owner unit, long term tenants, room for one ADU.

EXECUTIVE SUMMARY

We are delighted to present this well-maintained four-unit property in the desirable community of Woodbridge in West Covina, conveniently located within a short walking distance of three supermarkets, restaurants, and public transportation. This outstanding asset is right across to the community pool and comprises the following units: ***Unit 1: A spacious 3-bedroom, 2-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 patio, 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, an attached one-car garage, and a covered carport. ***Unit 3: Similar in layout to Unit 2, this 2-bedroom, 1.5-bathroom unit includes an attached one-car garage and an additional uncovered parking space. ***Unit 4: A 2-bedroom, 1.5-bathroom unit featuring a living room, dining room, and a good-sized kitchen. 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 Individual laundry hookups 20% upside in rent Long-term tenants Buyers are to cooperate with the seller’s 1031 exchange at no cost. 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. The back of the building has the potential to build one ADU (SB 1211).

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 $2,072,368 CAD
Price Per Unit $518,092 CAD
Sale Type Investment
Cap Rate 5.06%
Sale Condition 1031 Exchange
Gross Rent Multiplier 15.84
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.26 AC
Building Size 4,050 SF
No. Stories 2
Year Built 1978
Parking Ratio 1.5/1,000 SF
Zoning WCPCD1*

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2 1 $3,039 CAD -
2+1.5 3 $8,088 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8735-010-013
Land Assessment
$289,049 CAD
Improvements Assessment
$289,049 CAD
Total Assessment
$578,099 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 37282750

  • Date on Market: 2025-08-15

  • Last Updated:

  • Address: 2426 S Nancy St, West Covina, CA 91792

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