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$1,700,000
29 Days Online

316 E Orlando Way
Covina, CA 91723

For Sale|Single Family Home|Active
0
Beds
0
Full Baths
0
Partial Baths
4,692
SqFt
$362
/SqFt
1962
Built
County:
Los Angeles
Listed by Douglas McCauley of MARCUS & MILLICHAP 626-695-6776

Questions? Call or text Jean and Ken Tritle/ Buyer's Agents at DreamWell Homes Realty # 760-798-9024. Thanks!

Call Now: 760-798-9024
Is this the home for you? We can help make it yours.
760-798-9024
316 E Orlando Way316 E Orlando Way316 E Orlando Way316 E Orlando Way
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Monthly Payment (Est.)

$7,756
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SELLER FINANCING AVAILABLE. We are pleased to exclusively present the opportunity to acquire 316 East Orlando Way, a 6-unit multifamily investment property in the city of Covina, California. The property is a two-story building constructed in 1962 with a building size of 4,692 square feet and is situated on a 7,956 square feet parcel. The property consists of five one-bedroom/one-bathroom and one two-bedroom/two-bathroom floor plans. The property features a secured entrance, on-site laundry room, two storage rooms, covered stairwell, and eight carport parking spaces with storage units. Selected units offer a fireplace in the living room. The units are individually metered for gas and electricity. The offering is conveniently located just one mile north from the closest on and off ramp of Interstate 10 Freeway, providing residents with east access to cities in San Gabriel Valley and Inland Empire. With a very walkable score of 73 out of 100, the apartment building has an ideal rental location in a stable residential neighborhood of Covina. The property is surrounded by major retail and grocery stores including Walmart, Target, Sprouts, IKEA, and Stater Bros. Markets. Six of the many Covina-Valley Unified Schools are within a two-mile radius of the subject property, attracting long-term residents. The Covina-Valley Unified School District was recently presented with the California Gold Ribbon Schools Award, ranked the Best Elementary Schools by U.S. News and World Report, and awarded the Golden Bell Winner by the California School Boards Association. For higher education, both Mt. San Antonio College and California State Polytechnic University are a short ten-minutes’ drive away from the subject property. Ranked the top 3% of community colleges in the country, Mt. San Antonio College is a public community college that offers more than 400 degree and certificate programs, 36 support programs, and more than 50 student clubs and athletic programs. Situated on more than 1,700 acres of land, Cal Poly Pomona is one of three polytechnic universities in the California State University system devoted primarily to the instruction of technical arts and applied sciences, and the university has been recognized as a U.S. Fulbright Scholar Top Producing Institution for STEM fields. 316 East Orlando Way is less than a mile from Downtown Covina, which has a remarkable variety of unique shops, beauty salons, restaurants, and live entertainment venues.

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Listing Snapshot
Price 
$1,700,000
Days Online 
29 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,692 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.18 Acres
Year Built 
1962
MLS® Number 
CV24061637
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
21 hours agoListing updated with changes from the MLS®
4 weeks agoListing first seen online
General Features
Parking Spaces 
0
Sewer 
Public Sewer
Number of Stories 
2
Acreage 
0.18
Water 
Public
Property Sub Type 
Mixed Use
Garage Spaces 
0
Listing Conditions 
Standard
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Lot 
Rectangular Lot
Community Features
Community Features 
Sidewalks
Senior Community 
No
MLS Area 
614 - Covina
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This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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Call or Text DreamWell Homes Realty at 760-798-9024 for more information. Thank you!