$13,000,000
32,001 Sqft
52,013 Sqft

721 S Fernwood Street, West Covina Ca 91791

  • Commercial Sale Property Type
  • 30 Days Days On Market
  • 1963 Year Built
Property Description

Fernwood Terrace Apartments is a 30-unit garden-style apartment community (29 legal units) in the middle of The San Gabriel Valley City of West Covina. Built in 1963, the property has been gradually undergoing a complete exterior and interior renovation for the past 3 years. Currently the last couple of units are being finished at this time. The interior renovations at Fernwood Terrace feature best-in-class finish levels: fully appointed kitchens with quartz countertops, new doors, white shaker style cabinetry, wood plant-style vinyl flooring, stainless steel appliances, dishwashers, built-in microwaves, custom paint, all new blinds, and interior hardware (24 of 30 units have been completed). The units themselves are very spacious, most being between 1,000 to 1,300 sq. ft. Upper units have decks and lower units have large oversized yards. There are 43 parking spaces and the lot is 1.19 acres. Several of the units have new washer dryer units that have been installed during the renovation and there is a common laundry room as well. Exterior renovation includes all new paint, all new concrete hardscape, all new contemporary landscaping, all new asphalt, all new pool, pool deck, and pool furniture, new gating, and new exterior doors. It should be noted here that Fernwood Terrace has

Basic Details
Commercial Sale
Other
For Sale
CROC24251036
$13,000,000
30
32,001 Sqft
1963
52,013 Sqft
1.19 Acre
Active
Features
Other Water/Sewer
: Other
Address Map
CA
Los Angeles
West Covina
91791
Fernwood Street
721
W118° 5' 20.1''
N34° 3' 46.2''
S
Turn Left or Right onto S Fernw
Additional Info
Marcus & Millichap RE Invest
Troy Reese
troy.reese@marcusmillichap.com
Active
For Sale
Price History
01/01/1970
12/17/2024
$13,000,000
$0
Additional Information
32001
Listing Information
2025-01-15T14:46:53Z
BayEast
Request Buyer Agent Tour

    Agent info
    Srinivas Sanigepalli
    Realty++
    Lakshmi Suneeta Chinta
    Realty++
    Rajesh Chenna
    Realty++
    Mortgage Calculator
    $
    $ %
    years
    %
    $ %per year
    $ %per year

    $
    Contact Agent
    Contact Us
    Mallik@rRealtyplusplus.com (510) 299-6629