West Covina, CA 91792 2400 S Ridgewood Drive
$1,499,900
Pending
44 more
Presented By: Lina Chu with Re/Max Vision; 626-252-0658
Home Details
We are thrilled to present 2400 S Ridgewood Dr, a well maintained four-unit property in desirable West Covina. This outstanding asset is located in a sought-after community with access to a shared pool. The property comprises:
Unit 1: A spacious 3-bedroom, 1.5-bathroom unit featuring a large living room with a fireplace, a dining room, a kitchen with granite countertops, ample cabinetry, and stainless steel appliances including a stove, range hood, dishwasher, and fridge. This unit also offers a private patio, a powder room downstairs, an upstairs bathroom with dual sinks, and a two-car garage.
Unit 2: This 2-bedroom, 1.5-bathroom unit includes a living room, dining room, kitchen with granite countertops, and appliances including a fridge. It also has a guest powder room downstairs, a full bath upstairs, a private patio, a one-car garage, and a covered carport.
Unit 3: Similar in interior layout to Unit 2, this 2-bedroom, 1.5-bathroom unit includes a one-car garage and an additional uncovered parking space. Unit 4: This 2-bedroom, 1-bathroom unit features a living room, dining room, kitchen with granite countertops, and appliances including a fridge. It also has a shared full bath with an extra sink, a balcony, a one-car garage, and an uncovered parking space.
All units and the building’s exterior have been freshly painted. New AC installed last December in all units. Additional features include dual-pane windows, tiled and laminate wood flooring, updated kitchens and bathrooms, separate meters for electricity and gas, and individual laundry hookups.
Units 1,2,4 are vacant and ready for move-in at market rate. Unit 3 is scheduled to move out by mid Oct. All units will be delivered vacant at closing. The Gross Scheduled Income is not guaranteed and based on Pro Forma ESTIMATED Rent. Buyer is to perform own research.
2400 S Ridgewood Dr represents a rare opportunity for investors to acquire a well-cared-for property in a market where available options are limited.
Buyer to cooperate with seller’s 1031 exchange at no cost.
Square footage has not been measured; buyers are encouraged to verify.
Presented By: Lina Chu with Re/Max Vision; 626-252-0658
Interior Features for 2400 S Ridgewood Drive
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore, NoOneAbove, NoOneBelow
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesWasherHookup, GasDryerHookup
Total Stories2
Other Rooms
Entry Level1
General for 2400 S Ridgewood Drive
Additional Parcels Y/NNo
Assoc Fee Paid PerMonthly
Association NameWoodbridge HOA
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces1.0
Carport Y/NYes
CityWest Covina
Community FeaturesSidewalks
ContingencyBuyer to verify. Submit all qualified offers with POF, preapproval, FICO to [email protected]. Please do not submit offers to agent’s email addresses. Thanks for showing and good luck!
CountyLos Angeles
Days on Market8
Directions60 Freeway exit Nogales St to North, L Amar Rd, R Ridgewood Dr
Electric On Property Y/NNo
Entry LocationGround level, some with steps
Garage Spaces5.0
Garage Y/NYes
Gross Income0.0
HOA225.0
Home Owner AssocYes
Home Warranty Y/NNo
Insurance Expense2122.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet9004.0
Lot Size UnitsSquareFeet
MLS Area669 - West Covina
MobileHomeRemainsYNNo
Net Operating Income102440.0
New ConstructionNo
NumberOfUnitsTotal4
Open Parking Spaces2.0
Operating Expense21760.0
Pool FeaturesAssociation
Private PoolNo
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Tax Lot31
TermsCash, Conventional, Exchange1031
Trash Expense3744.0
View Y/NNo
Water Sewer Expense1944.0
Waterfront Y/NNo
Year Built1978
Year Built SourceAssessor
ZoningWCPCD1*
Exterior for 2400 S Ridgewood Drive
Building Area Total4050.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot, GentleSloping
Lot Size Acres0.2067
Lot Size Area9004.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking8.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480