Team Zellmann Real Estate
Timothy Zellmann
626-261-7663626-261-7663

4540 N Lark Ellen Avenue, Covina, CA 91722 (MLS # SB19083270)

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PRICE $11,999,999
BEDS n/a
BATHS 0 baths
HOME SIZE 35,746 sq ft
LOT SIZE 1.38 ac

We are pleased to present this unique opportunity to acquire forty-four two bedroom one bathroom units situated in the thriving Covina market. This asset extends the opportunity for a new investor to capitalize on healthy current rents with nearly 20% upside potential. The owner has meticulously maintained the property, it is in outstanding condition. The building features an abundance of parking (88 spaces). Lush landscaping throughout, inviting pool and spa area, separate barbecue pit and a relaxing gazebo within the common area. Large laundry room which produces significant income. The asset is situated within walking distance to Northview High School and Lark Ellen Elementary school. This outstanding location is also in close proximity to many other local amenities and freeways.

DAYS ON MARKET 97 LAST UPDATED 7/12/2019
YEAR BUILT 1984 COMMUNITY Covina
COUNTY Los Angeles TOTAL PARKING 73
STATUS Active PROPERTY TYPE(S) ResidentialIncome

PRICE HISTORY
Prior to May 29, '19 $13,999,999
May 29, '19 - Jun 22, '19 $12,999,999
Jun 22, '19 - Today $11,999,999


ADDITIONAL DETAILS
ASSESSMENTS Buyer to Verify
BUILDINGAREAUNITS Square Feet
CARPORTSPACES 73.00
COLISTAGENTFIRSTNAME Ryan
COLISTAGENTLASTNAME Rembert
COLISTAGENTSTATELICENSE 01975525
COLISTOFFICENAME Lyon Stahl Investment Real Estate, Inc.
COMMONWALLS 2+ common walls
COMMUNITYFEATURES Park
COOLING Central Air
ELEVATIONUNITS Feet
EXTERIORFEATURES Barbecue Private
GARAGESPACES 0.00
HEATING Central
LANDLEASEYN 0
LAUNDRYFEATURES Common Area, Community
LISTAGENTSTATELICENSE 02035921
LOTFEATURES Landscaped, Lot Over 40000 Sqft
LOTSIZESOURCE Assessor
LOTSIZEUNITS Square Feet
MLSAREAMAJOR 614 - Covina
PARCELNUMBER 8420006016
PARKINGFEATURES Assigned, Attached Carport, Carport, Detached Carport
POOLFEATURES Fenced, Private
PRICEPERSQUAREFOOT 335.70
PROPERTYTYPE Residential Income
SENIORCOMMUNITYYN 0
SEWER Public Sewer
SPAFEATURES Community, In Ground
SPECIALLISTINGCONDITIONS Standard
STANDARDSTATUS Active
TAXTRACTNUMBER 4057.0
WATERSOURCE Public

ZESTIMATE
4540 N Lark Ellen Avenue, Covina, CA

RENT ZESTIMATE
$ / mo.  4540 N Lark Ellen Avenue, Covina, CA

43 Car-Dependent



 
CONTACT US ABOUT 4540 N LARK ELLEN AVENUE
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Listing provided by : Mason Rowland License # 02035921, Lyon Stahl Investment Real Estate, Inc. Co-Listed with Ryan Rembert License # 01975525, Lyon Stahl Investment Real Estate, Inc.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 7/21/19 6:44 AM 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