$2,915,000
+$723,500149 S Bandy Avenue, West Covina CA 91790
Multi-Family (11 Units)
Property type
79 days
On market
$363
Price per sqft
0 cars
Garage
1961
Year built
10,711 sqft
Lot size
Open Houses
Overview
Presenting a prime 11-unit multifamily asset located at 149 South Bandy Avenue in the heart of West Covina, California. This garden-style community, originally constructed in 1961, sits on a spacious 10,710-square-foot lot with approximately 8,026 rentable square feet. The property features a highly desirable unit mix consisting of six one-bedroom/one-bathroom units, four...
Listing provided by: Jo Lin DRE #02072996, IRN REALTY
Listing updated: Mar 18, 2026 at 05:15pm.
Last checked: Jun 5, 2026 at 02:00am
Source: CRMLS #WS26058434
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 6 | 1 | 1 | — | $1,626 | $9,757 | $11,100 | Unfurnished |
| 4 | 2 | 1 | — | $1,784 | $7,135 | $8,800 | Unfurnished |
| 1 | 3 | 2 | — | $2,040 | $2,040 | $2,800 | Unfurnished |
# of Buildings: 1
# of Units Total: 11
Separate Electric Meters: 11
Separate Gas Meters: 11
Separate Water Meters: 1
Rent Control: No
Total Actual Rent: $18,933
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
12.8x
List Price / Annual Gross Rent
Cap Rate
5.0%
NOI / List Price
Gross Scheduled Income: $227,192
Vacancy Allowance Rate: 3%
Operating Expense: $76,423
Net Operating Income: $145,753
Annual Operating Expenses
Electric: $1,740
Gardener: $1,200
Insurance: $8,234
Professional Management: $8,887
Trash: $6,960
Water / Sewer: $4,955
Interior
Cooling: Wall Window Units
Laundry: Common Area
Entry Location: Front
Exterior
Property Attached: Yes
Stories Total: 2
Levels: One, Two
Common Walls: Two Common Walls Or More
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Uncovered Spaces: 9
Carport Spaces: 2
Parking Total: 11
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 8476010012
Additional Parcels: No
Tax Lot: 16
Zoning: WCR3
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Park
Nearby Schools
Nearby schools around the 149 S Bandy Avenue, West Covina, CA 91790. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,332,000
Total Interest
$2,974,337
Total Payment
$5,306,337
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$17,926
per month
Property History for 149 S Bandy Avenue
West Covina Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91790.
Similar Homes
Listings with similar prices to 149 S Bandy Avenue