Properties

Covina, CA 91722 4810 N Vincent Avenue

Pending
4810 N Vincent Avenue Covina, CA - Image 14810 N Vincent Avenue Covina, CA - Image 24810 N Vincent Avenue Covina, CA - Image 3
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4810 N Vincent Avenue Covina, CA - Image 44810 N Vincent Avenue Covina, CA - Image 54810 N Vincent Avenue Covina, CA - Image 64810 N Vincent Avenue Covina, CA - Image 74810 N Vincent Avenue Covina, CA - Image 84810 N Vincent Avenue Covina, CA - Image 94810 N Vincent Avenue Covina, CA - Image 104810 N Vincent Avenue Covina, CA - Image 11
Presented By: Douglas McCauley with MARCUS & MILLICHAP; 626-695-6776
  • MLS# CV25125484
  • 06/03/2025
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  • Baths • 1
  • SQFT • 26,969

Home Details

Priced at $231,578 per unit (all 2 bedrooms) for 38 UNITS not including the 2 non-conforming studio units). CALL or EMAIL FOR OFFERING MEMORANDUM. Vincent Village Apartments, located at 4810 North Vincent Avenue in Covina, California (also in unincorporated Los Angeles county). Constructed in 1984, this 38+2 unit multifamily investment is situated on a spacious 1.37-acre parcel with an approximate building size of 26,969 square feet. The property comprises thirty-eight two-bedroom/one-bathroom units and two non-conforming studio/one-bathroom units. Select units feature laminate/tile flooring, granite or quartz countertops, dishwashers, and private patios or balconies. All apartments are equipped with wall A/C and heating units, gas ranges, and are individually metered for gas and electricity. Additional amenities include two central water heaters, copper plumbing, a gated entry, swimming pool, on-site laundry facility (leased), a managerโ€™s office with bathroom, and a greenbelt area with the potential to build eight ADUs. Parking accommodations consist of 41 carport spaces and 32 open parking spaces, along a concrete driveway. Unincorporated Los Angeles County is subject to its own rent control ordinance (buyer to verify). Vincent Village Apartments is ideally positioned in the San Gabriel Valley, offering seamless connectivity to Interstate 10, 210, 57, and 605 freeways, and within proximity to Downtown Los Angeles. The area is supported by convenient public transportation via the Covina and Baldwin Park Metrolink Stations, giving residents multiple commuting options for work, entertainment, and shopping. Adding to its appeal, the property is located near several reputable educational institutions, including Cedargrove Elementary School, Grovecenter Elementary, and Barranca Elementary School, all within a two-mile radiusโ€”enhancing its attractiveness to long-term family tenants. For higher education, nearby colleges include Azusa Pacific University, Citrus College, and Mt. San Antonio College, each offering robust academic programs and convenient access for student tenants or faculty members. Residents also benefit from close proximity to major retail and grocery amenities. Vincent Village Apartments presents a rare opportunity to acquire a well-located, value add multifamily asset with strong fundamentals, with 29% rental upside in a high-demand rental market.
Presented By: Douglas McCauley with MARCUS & MILLICHAP; 626-695-6776

Interior Features for 4810 N Vincent Avenue

Other Interior Features

Air Conditioning Y/NYes
Common WallsTwoCommonWallsOrMore
Interior AmenitiesBalcony
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 4810 N Vincent Avenue

Additional Parcels Y/NNo
Building Area UnitsSquareFeet
Cap Rate5.5
Carport Spaces41
Carport Y/NYes
CityCovina
Community FeaturesSidewalks, Pool
CoolingWallWindowUnits
CountyLos Angeles
DirectionsI-10, Exit Vincent Avenue
Electric Expense45350
Entry LocationSecured Gate
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income799935
Insurance Expense32000
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet59747
Lot Size UnitsSquareFeet
MLS Area614 - Covina
MaintenanceExpense40000
Net Operating Income484376
New ConstructionNo
Number Of Units Total40
Number of Units Leased40
Open Parking Spaces32
Operating Expense315559
Pool FeaturesCommunity
PostalCityCOVINA
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories Count2
Tax Lot46
Taxes$116,743
Tenant PaysElectricity, Gas
Trash Expense13882
Water Sewer Expense0
Year Built1984
Year Built SourcePublicRecords
ZoningLCR318UDP*

Exterior for 4810 N Vincent Avenue

Building Area Total26969
Lot FeaturesLotOver40000Sqft
Lot Size Acres1.3716
Lot Size Area59747
Lot Size SourcePublicRecords
Number of Buildings5
Number of Separate Electric Meters39
Number of Separate Gas Meters39
Number of Separate Water Meters1
Pool Charge6030
Private PoolNo
Total Parking73
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $8,800,000
MLS#CV25125484
List Date 06/03/2025
Property Type Single Family
Phone 888.795.6274
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