Two-Unit Duplex with
For Sale
$899,000
270 E Puente, Covina, CA 91723
Two residences provide a two-bedroom layout each, with a fenced swimming pool in the private backyard.
Property Size2,250 SF
Price / SF$399.56
Days on Market15
Property Features for 270 E Puente
General Information
Standard status
Active
Size
2,250 SF
Property subtype
Duplex
Units
Unit Mix
1 x 2BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
swimming pool
Building Details
Building Size
2,250 SF
Year Built
1955
Listing Agency:
Listed By:
Human Element | Char Costantino CA DRE# 02176942
(888) 475-8935
Source:
Humanelementre
Added: Oct 16
Changed: Oct 28
Last Checked: Oct 26 at 2:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Human Element | Char Costantino CA DRE# 02176942
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Investment Insights
Based on property information with market context.
This duplex contains two residences, each with two bedrooms. One unit has two bathrooms, while the other has one. The property also includes a private backyard with a fenced swimming pool.
Built in 1955, the building contains 2,250 square feet. Its location in Covina places it near the 10 Freeway, Eastland Center, and IKEA.
Built in 1955, the building contains 2,250 square feet. Its location in Covina places it near the 10 Freeway, Eastland Center, and IKEA.
Key Highlights
- Two units: one with 2 bedrooms and 2 bathrooms; the other with 2 bedrooms and 1 bathroom
- 2,250‑square‑foot duplex built in 1955
- Private backyard with a fenced swimming pool
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,293
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,860
$785.9K
Cap Rate 7%
$561,329
$561.3K
Cap Rate 9%
$436,589
$436.6K
Market Conditions
NOI Build-Up for 2,250 SF
Gross rent
$60.8K $27.00/SF
− Vacancy
−$4.6K −$2.05/SF
EGI
$56.1K $24.95/SF
− OpEx
−$16.8K −$7.48/SF
NOI
$39.3K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,860
Cap Rate 7%
$561,329
Cap Rate 9%
$436,589
Alternative Uses
Best Use
Multifamily LT 5
$561.3K
$491.2K – $654.9K
NOI $39,293 @ 7.0% cap · market cap 4.37%
Second Best
Apartment 5plus
$517.2K
$452.6K – $603.4K
NOI $36,204 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$1.20M
$1.05M – $1.41M
NOI $84,325 @ 7.0% cap · market cap 9.38%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,924
Businesses Nearby
Explore this area
Business Placement
Demographics for 91723, CA
19,653
Population
6,516
Households
3
Avg Household Size
38
Median Age
25%
College-Educated
87%
High-School Grad
2.3 sq mi
ZIP Area
8,545
Density / Sq Mi
$87,363
Median Household Income
$44,154
Median Earnings
$1,711
Median Rent
$663,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences provide a two-bedroom layout each, with a fenced swimming pool in the private backyard.
Where is this duplex located?
The property is located at 270 E Puente Covina, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two units: one with 2 bedrooms and 2 bathrooms; the other with 2 bedrooms and 1 bathroom; 2,250‑square‑foot duplex built in 1955; Private backyard with a fenced swimming pool
