$1,530,000

Estimated payment $8,988/month

Total Views 169,470
9 Beds
8 Baths
4,050 Sq Ft
$378 Price per Sq Ft

Highlights

  • In Ground Pool
  • Property is near public transit
  • 5 Car Direct Access Garage
  • Clubhouse
  • Balcony
  • Laundry Room

About This Home

We are delighted to present this well-maintained four-unit property in the desirable community of Woodbridge in West Covina, conveniently located within a short walking distance of three supermarkets, restaurants, and public transportation. This outstanding asset is right across to the community pool and comprises the following units:

***Unit 1: A spacious 3-bedroom, 2-bathroom unit featuring a large living room with a fireplace, a dining room, and a kitchen with ample cabinetry. This unit also offers a private patio, a powder room downstairs, an upstairs bathroom with dual sinks, and an attached two-car garage.

***Unit 2: This is a 2-bedroom, 1.5-bathroom unit with a living room, dining room, and a good-sized kitchen. It also has a guest powder room downstairs, a full bath upstairs, a private patio, an attached one-car garage, and a covered carport.

***Unit 3: Similar in layout to Unit 2, this 2-bedroom, 1.5-bathroom unit includes an attached one-car garage and an additional uncovered parking space.

***Unit 4: A 2-bedroom, 1.5-bathroom unit featuring a living room, dining room, and a good-sized kitchen. It also has a shared full bath with an extra sink, a balcony, a one-car garage, and an uncovered parking space.

Separate meters for electricity and gas
Individual laundry hookups
20% upside in rent
Long-term tenants

Buyers are to cooperate with the seller’s 1031 exchange at no cost.
This property is a gem in a sought-after community, popular with renters, and is ideal for investors seeking a stable asset with appreciating value to add to their portfolio. The back of the building has the potential to build one ADU (SB 1211).

Listing Agent

Shawn Luong

eXp Realty of Greater Los Angeles Brokerage Phone: 626-643-7090 License #00857818 Listed on: 08/02/2025

eXp Realty of Greater Los Angeles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,715

Year Built

  • Built in 1978

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • West Facing Home
  • Landscaped
  • Rectangular Lot
  • Gentle Sloping Lot
  • Density is 21-25 Units/Acre

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 5 Car Direct Access Garage
  • 3 Detached Carport Spaces
  • Parking Available
  • Side Facing Garage
  • Two Garage Doors
  • Driveway

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 4,050 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Balcony
  • Exterior Lighting

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 32339
  • Assessor Parcel Number 8735010013
  • $2,968 per year additional tax assessments

Community Details

Overview

  • 4 Units
  • Woodbridge HOA
  • Lordon Management HOA

Amenities

  • Clubhouse

Recreation

  • Community Pool

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $2,300
  • Other Expense $2,700
  • Professional Management Expense $5,943
  • Trash Expense $1,200
  • Water Sewer Expense $3,000
  • New Taxes Expense $21,782
  • Operating Expense $13,343
  • Gross Income $125,130
  • Net Operating Income $90,005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,715

Year Built

Built in 1978

Lot Details

0

HOA Fees

$225 per month

Parking

5

Listing Details

  • CapRate: 5.88
  • Price Per Unit: 382500
  • Professional Management Expense: 5943.00
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 3000.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 8735010013
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Copper Plumbing Full
  • Stories: 2
  • Entry Location: living room
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 377.78

Exterior Features

  • Direction Faces: West
  • Foundation: Slab
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Carport, Detached Carport, Direct Garage Access, Driveway, Asphalt, Garage Faces Side, Garage - Single Door, Garage - Two Door
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Clubhouse
  • Association Fee: 225.00
  • Association Fee Frequency: Monthly
  • Association Name: Woodbridge HOA
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: Lordon Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 21-25 Units/Acre, Gentle Sloping, Landscaped, Lot 6500-9999, Rectangular Lot, Near Public Transit
  • Lot Size Sq Ft: 11503.00
  • Lot Size Acres: 0.2641

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Multiplier: 11.86
  • Gross Operating Income: 125130.00
  • Gross Scheduled Income: 129000.00
  • Insurance Expense: 2300.00
  • Lot Size Area: 11503.0000 Square Feet
  • Net Operating Income: 90005.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 35125.00
  • Operating Expense Percent: 27.74
  • Other Expense: 2700.00
  • Other Expense Description: HOA dues
  • Rent Control: No
  • Total Expenses: 13343.00
  • Vacancy Allowance: 3870
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 21782.00
  • Tax Lot: 11
  • Tax Tract Number: 32339
  • TaxOtherAnnualAssessmentAmount: 2967.51

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,715 $409,970 $204,985 $204,985
2024 $7,715 $401,932 $200,966 $200,966
2023 $7,530 $394,052 $197,026 $197,026
2022 $6,252 $386,326 $193,163 $193,163
2021 $6,143 $378,752 $189,376 $189,376
2019 $5,956 $367,520 $183,760 $183,760
2018 $5,673 $360,314 $180,157 $180,157
2016 $5,349 $346,324 $173,162 $173,162
2015 $5,309 $341,122 $170,561 $170,561
2014 $5,315 $334,440 $167,220 $167,220
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2025 08/02/25 For Sale $1,530,000 -- $378 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- None Listed On Document
Source: Public Records

About the Listing Agent

Shawn Luong

eXp Realty of Greater Los Angeles

(626) 323-9493

Section Image

Licensed real estate agent since 1984.
Licensed real estate broker since 1986.
Top 25 agent for Mulhearn Realtors - now Prudential California Realty - 1985 & 1986.
Managing partner Integrated Realty Services 1987 - 2003. Mortgage brokerage and one stop investment services for investors. Acquired and turned around 25+M Resolution Trust Corp (RTC) distressed assets.
Associate broker with Century 21 Masters since 2003. Century 21 Double Centurion Award recipient. Top 1% of all

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25174185

California Regional Multiple Listing Service (CRMLS)

APN: 8735-010-013