Algiers Apartments
$4,288,800
233 South Bandy Avenue, West Covina, CA 91790
For Sale
Unknown Listing Type
Active
Last Updated: 05/01/2025
6.11
Cap Rate
8,556 sqft
Building Size
Details:
Cap Rate: 6.11%
Building Size: 8,556 sqft
Lot Area: 12,563 acres
Units: 18
Occupancy: 100%
Description:
Welcome to Algiers Apartments, an 18-unit multifamily property located at 233 S Bandy Ave, West Covina, CA 91723. This property presents an excellent investment opportunity with a desirable unit mix of ten 1-bedroom/1-bathroom units, and eight studio units located on a 12,559 SF lot. Built in 1957, the two-story building features an onsite pool, 14 parking spots, and laundry facilities, adding to the appeal for tenants. Situated in a prime central location, the property offers easy access to the 10 Freeway and is less than a mile from West Covina High School and Plaza West Covina, home to popular destinations such as Porto’s Bakery, Macy’s, Nordstrom Rack, and Best Buy.
Location
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