Description
Lee & Associates Apartment Advisors is pleased to present Eremland Apartments in Covina, CA. Located at 645 S. Eremland Drive, the five unit apartment community was built in 1956. The unit mix is comprised of two x one bedroom/one bath and three x two bedroom/one bath units. The property is located on a quiet cul de sac street and situated on a 7,105 square foot parcel. The units are separately metered and the on-site laundry machines are owned. A new central water heater was installed in 2022. The property is subject to AB 1482 state rent caps which allow for annual rent increases of a minimum of 5% and maximum of 10%.Eremland Apartments benefits from its close proximity to retailers on Rowland Street and Citrus Avenue. Further, the Eastland Center power mall with Walmart Supercenter and Target is located within a five minute drive, as well as I-10, providing convenient access to destinations in Los Angeles county.Covina is a thriving submarket in the San Gabriel Valley, with high occupancy rates, and continued upward pressure on rents. Drive by only.
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8BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
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3,690SQFT
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$420$/SQFT
School Ratings & Info
Description
Lee & Associates Apartment Advisors is pleased to present Eremland Apartments in Covina, CA. Located at 645 S. Eremland Drive, the five unit apartment community was built in 1956. The unit mix is comprised of two x one bedroom/one bath and three x two bedroom/one bath units. The property is located on a quiet cul de sac street and situated on a 7,105 square foot parcel. The units are separately metered and the on-site laundry machines are owned. A new central water heater was installed in 2022. The property is subject to AB 1482 state rent caps which allow for annual rent increases of a minimum of 5% and maximum of 10%.Eremland Apartments benefits from its close proximity to retailers on Rowland Street and Citrus Avenue. Further, the Eastland Center power mall with Walmart Supercenter and Target is located within a five minute drive, as well as I-10, providing convenient access to destinations in Los Angeles county.Covina is a thriving submarket in the San Gabriel Valley, with high occupancy rates, and continued upward pressure on rents. Drive by only.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-21T08:31:19.177. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.