1831 E Grovecenter
West Covina, CA, 91791 $ 11,980,000
Bedrooms-- Baths1.1 Sq 32,611 Monthly Estimate*
$ 75,643
Listed by Grady Liu, MacroReal Inv Grp Inc., gradyl@macroreal.com
for $11,980,000 with 1 full bath, 1 half bath. This 32,611 square foot home was built in 1960 on a lot size of 1.2258.
**ALL PHOTOS ARE RENDERINGS AND ENHANCED FOR MARKETING PURPOSES ONLY. ACTUAL PROPERTY APPEARANCE, COLORS, MATERIALS, LANDSCAPING, AND FINISHES MAY VARY.** 1831 E Grovecenter Street presents investors with the opportunity to acquire Grovecenter Apartments, a 32-unit, two-story multifamily community located in West Covina, California. The property features a rare and highly desirable larger-unit mix, consisting primarily of spacious two-bedroom and three-bedroom townhome-style floor plans, plus one larger four-bedroom unit. The asset is situated on a low-density garden-style site with multiple residential buildings, private patios, on-site laundry, and resident parking, creating a strong residential feel that appeals to families, roommates, and long-term workforce renters. Located in the heart of the San Gabriel Valley, the property benefits from convenient access to Interstate 10, neighborhood retail, schools, employment centers, and regional transportation corridors connecting Los Angeles County, Orange County, and the Inland Empire. With its larger floor plans, townhome-style layouts, established tenant appeal, and potential value-add upside, 1831 E Grovecenter Street offers investors a durable Southern California multifamily investment with both current income potential and long-term value creation opportunities.
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FeaturesGeneralSewer Public Sewer
Heating Forced Air
Garage Spaces 51
Pool Features None
Year Built 1960
Property Subtype Apartment
Gross Income 0
Community Features Urban
County Los Angeles
Net Operating Income 657802
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions North of I-10
City West Covina
Entry Location Gate
Senior Community Y/N false
Number Of Units Total 32
MLS Area 669 - West Covina
Lot Size Units Square Feet
Lot Size Square Feet 53397
Listing Terms Cash Cash to New Loan 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 8
Property Sub Type Additional Apartment
Cap Rate 5.5
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InteriorTotal Stories 2
Common Walls No Common Walls
Heating Y/N true
Laundry Features Common Area
Entry Level 1
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ExteriorParking Features Assigned
Water Source Public
Total Parking 51
Lot Size Area 53397
Number of Buildings 4
Building Area Total 32611
Lot Size Acres 1.2258
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 33
Number of Separate Electric Meters 33
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* Excluded FeaturesList ByMacroreal Inv Grp Inc.Broker
gradyl@macroreal.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $75,643
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in West Covina, CA
Average List Price $4,429,829
Percent of Sale Price 63%
About West Covina, CA 110,936 Population
6% Since 2002
$ 73,065 Median Income
37.4 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/30/2026 | $11,980,000 | | Listed Price |