2453 S Ridgewood Drive, West Covina, California 91792, West Covina, 91792 - bed, bath

2453 S Ridgewood Drive, West Covina, California 91792 home-pic-0
ACTIVE$1,498,888
2453 S Ridgewood Drive, West Covina, California 91792
0Bed
0Bath
4,050Sqft
10,079Lot
Year Built
1978
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$370
HOA
-
Days on market
-
Sold On
-
MLS number
OC25079837
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.50M(63th), sqft - 4050(50th), beds - undefined(50th), baths - undefined(50th).

Prime West Covina Investment Opportunity – Townhome-Style Fourplex! Located at the corner of Amar and Ridgewood, this fourplex offers an unbeatable combination of location, comfort, and income potential. Featuring one spacious 3-bedroom, 2.5-bath unit with a cozy fireplace and direct 2-car garage access, plus three 2-bedroom, 2-bath townhome-style units—each with their own attached 2-car garage. Every unit enjoys private outdoor space—either a wood-enclosed yard or balcony—along with central A/C and thoughtful layouts perfect for long-term tenants or future owner-occupancy. Additional assigned parking for three more vehicles adds even more value. Tenants cover gas and electricity, while the landlord handles water, trash, and sewer. The lush green landscaping and extra yard space elevate the curb appeal and lifestyle experience. Minutes from shopping, restaurants, schools, and freeway access—this is an ideal location for both tenants and investors. Please do not disturb occupants.

Condition Rating
Fair

Built in 1978, this property is over 45 years old. The images reveal kitchens and bathrooms with dated cabinetry, older white appliances, laminate countertops, and original-style tile work and fixtures, suggesting they are either original or were last renovated 20-30+ years ago. While the property appears maintained with central A/C and private outdoor spaces, the interior finishes, including carpets and light fixtures, are significantly outdated. This indicates the property is aged but maintained, requiring minor updates to meet current aesthetic and functional standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Strong Investment Profile: A townhome-style fourplex explicitly marketed as a prime investment opportunity, offering significant income potential in West Covina.
Desirable Unit Features: Each unit includes central A/C, private outdoor space (yard/balcony), and thoughtful layouts, enhancing tenant appeal and retention.
Ample & Dedicated Parking: All units benefit from attached 2-car garages, complemented by three additional assigned parking spaces, a highly sought-after amenity for multi-family properties.
Strategic Location: Excellent access to shopping, dining, schools, and major freeways, ensuring strong tenant demand and potential for appreciation.
Favorable Utility Structure: Tenants cover gas and electricity, reducing the landlord's operational burden and improving net cash flow.

Cons

Landlord Utility Burden: The landlord is responsible for water, trash, and sewer, which represents a notable ongoing operational expense impacting net income.
Property Age & Potential for Capital Expenditures: Built in 1978, the property is over 45 years old, suggesting a potential need for future capital improvements or system upgrades if not recently addressed.
Limited Pre-Offer Access: The 'do not disturb occupants' directive restricts immediate access for comprehensive pre-offer inspections, potentially delaying full due diligence on property condition.

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