2726 Amanda, West Covina, California 91792, West Covina, 91792 - bed, bath
ACTIVE$1,076,000
2726 Amanda, West Covina, California 91792
0Bed
0Bath
2,196Sqft
7,103Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: This property features two distinct units (3-bedroom, 2-bath and 2-bedroom, 2-bath), offering immediate rental income potential and a strong investment opportunity as a residential income property.
Top Cons:
Property Age & Potential Updates: Built in 1977, the property is nearly 50 years old, suggesting potential for aging systems (e.g., HVAC, plumbing, electrical) and the need for significant capital expenditure for renovations or deferred maintenance to maximize rental income and appeal.
Compared to the nearby listings
Price:$1.08M vs avg $1.41M ($-336,500)13%
Size:2,196 sqft vs avg 4,050 sqft25%
Price/sqft:$490 vs avg $36175%
More Insights
Built in 1977 (48 years old).
Condition: Built in 1977, this property is nearly 50 years old. The kitchen features dated wood cabinets, older granite countertops, and very outdated fluorescent lighting, suggesting it has not been extensively renovated recently. The carpeted staircase with metal railings also shows significant age and wear. While the property appears functional and maintained, it requires substantial cosmetic updates and likely system upgrades due to its age, aligning with the 'Fair' condition criteria.
Year Built
1977
Close
-
List price
$1.08M
Original List price
$1.08M
Price/Sqft
$490
HOA
-
Days on market
-
Sold On
-
MLS number
CV25264293
Home ConditionFair
Features
Good View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood
About this home
Two units up for grabs in this desirable West covina neighborhood. Both occupied. One with 3br 2ba, the other with 2br 2 bath. Both with a 2 car garage, and patio out back. Rowland school district. Community pool.
Price History
Date
Event
Price
04/26/01
Sold
$218,000
04/18/17
Sold
$690,000
05/13/04
Sold
$500,000
Condition Rating
Fair
Built in 1977, this property is nearly 50 years old. The kitchen features dated wood cabinets, older granite countertops, and very outdated fluorescent lighting, suggesting it has not been extensively renovated recently. The carpeted staircase with metal railings also shows significant age and wear. While the property appears functional and maintained, it requires substantial cosmetic updates and likely system upgrades due to its age, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Income-Generating Duplex: This property features two distinct units (3-bedroom, 2-bath and 2-bedroom, 2-bath), offering immediate rental income potential and a strong investment opportunity as a residential income property.
Occupied Units: Both units are currently occupied, providing immediate cash flow for a new owner and reducing the vacancy risk typically associated with acquiring rental properties.
Desirable School District: Located within the highly-regarded Rowland School District, this property is particularly attractive to families, enhancing its long-term demand and property value.
Community Amenities: Residents benefit from access to a community pool, a desirable amenity that enhances lifestyle and property appeal, especially in the West Covina climate.
Individual Unit Features: Each unit is equipped with a private 2-car garage and a dedicated patio, offering valuable convenience, storage, and outdoor living space for tenants.
Cons
Property Age & Potential Updates: Built in 1977, the property is nearly 50 years old, suggesting potential for aging systems (e.g., HVAC, plumbing, electrical) and the need for significant capital expenditure for renovations or deferred maintenance to maximize rental income and appeal.
Limited Interior Condition Disclosure: The property description provides minimal detail on the interior condition, finishes, or recent upgrades of the units, making it challenging for prospective buyers to accurately assess the current state and potential renovation costs without further inspection.
Undisclosed Rental Income: While both units are occupied, the current rental rates are not provided. This lack of transparency makes it difficult to assess the immediate cash flow and potential for below-market rents, which may require a new owner to navigate rent adjustments or tenant turnover.