1553 Dennis Place, West Covina, California 91790, West Covina, - bed, bath
About this home
HUGE PRICE DROP! Discover a rare investment opportunity with this gated triplex located on a quiet cul-de-sac in the heart of West Covina. Each of the three well-maintained, two-story units offers central A/C, in-unit laundry, and separate gas and electric meters, providing comfort, privacy, and efficiency for residents. Unit A boasts 1,541 sq. ft., while Units B and C each offer 1,020 sq. ft. All units are two stories with no one living above or below, eliminating noise concerns and enhancing the peaceful living experience. The property is ideal for investors or owner-occupants looking to live in one unit while renting out the others, with strong rental potential in a highly desirable neighborhood. The gated entrance adds extra security, and the tranquil cul-de-sac setting boosts residential appeal. No HOA fees and low operating costs. There’s also potential to add several ADUs for additional income—buyer to verify with the city. Conveniently located near the West Covina Mall, major freeways, schools, and dining, this property combines prime location, flexibility, and long-term value—don’t miss out on this exceptional opportunity! Cap rate is currently 5.31%. Buyers and their agents to verify all financial information.
Price History
| Subject | Average Home | Neighbourhood Ranking (1 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 3,580 | 3,040 | 50% |
| Lot Size | 10,897 | 9,773 | 50% |
| Price | $1.5M | $1.38M | 50% |
| Price per square foot | $419 | $460.5 | 50% |
| Built year | 1979 | 9780990 | 100% |
| HOA | |||
| Days on market | 146 | 167 | 50% |