2425 South Ridgewood Drive
2425 South Ridgewood Drive
$1,560,000
9
6
4,050
4,050
$385
Closed 4/30/24
Description
We are pleased to present 2425 S Ridgewood Dr, a four unit property located in West Covina, CA to market. This pride of ownership asset has been completely replumbed with copper throughout and lies in an exclusive community where tenants have access to a community pool. The property consists of one 3 bed/2 bath unit and three 2 bed/2 bath units. In addition each unit has its own washer/dryer hookup. There are four single car garages and one double car garage on the property and is separately metered...We are pleased to present 2425 S Ridgewood Dr, a four unit property located in West Covina, CA to market. This pride of ownership asset has been completely replumbed with copper throughout and lies in an exclusive community where tenants have access to a community pool. The property consists of one 3 bed/2 bath unit and three 2 bed/2 bath units. In addition each unit has its own washer/dryer hookup. There are four single car garages and one double car garage on the property and is separately metered for electric and gas. Rents are currently 40% below market rate allowing a new investor substantial upside in future income. Ridgewood Drive presents an opportunity for an investor to get into a well maintained building in a market where only a handful of buildings sell each year.
- Listed by Jackson Jorgensen • DRE #02022727 • Brokerage DRE #02164683 • Younglewin Advisors, Inc. • jackjorgs@gmail.com
Property Details for 2425 South Ridgewood Drive
Parking Spaces Total
6
Private PoolNo
Total Units4.0
Building TypeAttached
Lot Size SourceAssessor
Living Area4050
Assessor Parcel Number8735-010-022
Property Attached YNtrue
Location
LISTING UPDATED: 04/30/2024 05:14 AM
Property Details for 2425 South Ridgewood Drive
Status | Closed |
---|---|
MLS # | PW24060461 |
Days on Market | 27 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1978 |
County | Los Angeles County |
Location
Building Information for 2425 South Ridgewood Drive
Building/Complex2425 S Ridgewood DrFloor-Stories2Residences-Pet Policy-Year Built1978Building Size-
Payment Calculator
$9,759 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2425 South Ridgewood Drive
Property History for 2425 South Ridgewood Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2425 South Ridgewood Drive
Taxable ValueLand$560,590Additions$473,869Total$1,034,459
Tax Record2023$14,944 ($1,245 / month)
Home Facts
Total Finished SqFt4,050 SqFtAbove Grade Finished SqFt4,050 SqFtLot Size10,080 SqFtStyleQuadraplexYear Built1978ZoningWCPCD1*CountyLOS ANGELESAPN8735-010-022
Schools near 2425 South Ridgewood Drive
This home is within Rowland Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Villacorta Elementary School PublicK to 6 | ||
Giano Intermediate School Public7 to 8 | ||
Nogales High School Public9 to 12 | ||
Santana High (Continuation) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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