Assignment
Assignable Contract — 3BR Single Family, ~$225,000K Equity · West Covina, CA
1000 Lakes Dr, West Covina, CA · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMixed-use
Units6
Beds / baths2 / 2
Living area4,931 sqft
Lot0.19 acres
Year built1964
About this deal
Under contract and ready to assign. Single Family in West Covina, CA — 3 bed / 2.0 bath, 1,936 sq ft, built 1936. Priced at $590,000. Motivated seller, clear title, flexible close. Proof of funds required.
The numbers
- Cap rate
- 10.9%
- Net operating income
- $31,608/yr
- Cash flow
- +$2,634/mo
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.