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Home For Sale

Picture of Home For Sale in Covina, California, United States

$799,000

16332 E Edna Pl
Covina, California, United States

4bd 3ba

Listed By: Realtyww Info

Listed On: 06/16/2023

Listing ID: GL10049005 View More Details

Description

Welcome to 16332 E Edna Pl, Covina, CA 91722 - a turnkey rental property in the heart of West Covina. With a high-paying tenant already generating $5000 per month, this investment opportunity offers immediate returns. The 4-bed, 2-bath home spans 1427 sq ft and features tile flooring, modern appliances, renovated bathrooms, and recessed lighting. The property also offers the potential for expansion with a garage that has been converted into a studio with one bath, perfect for an additional rental unit or extended family. Situated on a spacious lot, this property provides ample room for various uses, including the possibility of building an Accessory Dwelling Unit (ADU) for even more rental income or creating a backyard oasis for family enjoyment. With a solid 5-year contract and a 3% annual rent increase, this hassle-free investment promises both immediate returns and long-term stability. Don't miss your chance to own this premier rental property in a prime location. Act now and secure your place in this lucrative opportunity.

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Listed by: Capital Team Real Estate Svc
Source: The World Property Journal

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