We are pleased to present a turnkey investment opportunity located on one of the most desirable streets of Belmont Shore. After almost $150,000 in upgrades, both units have gone through major renovation inside & out. Not only cosmetic, but plumbing, electric, AND roof have all been upgraded or replaced. The floorplans have been opened up to make the already XXL units feel even larger. Custom cabinets have been added, & new appliances along with custom storage in the bedrooms & office. Future tenants benefit from a 2-car garage, up to 2 surface spaces, two laundry hookups, & two patios! 100% of the windows are new vinyl, and the foundation has been braced and secured. The property is ideally located between 1st & Division which provides a buffer from 2nd St & Ocean. Additionally the 1bedroom unit maintains a 5-star successful four year history of shorter term rentals generating over $3,400 per month. Additionally, it is possible for a new owner to monetize & convert the 2-car garage to a third unit for additional income. 119 Covina has been meticulously maintained, and is a rare pride of ownership opportunity for a savvy investor or a first time owner occupant.
We are pleased to present a turnkey investment opportunity located on one of the most desirable streets of Belmont Shore. After almost $150,000 in upgrades, both units have gone through major renovation inside & out. Not only cosmetic, but plumbing, electric, AND roof have all been upgraded or replaced. The floorplans have been opened up to make the already XXL units feel even larger. Custom cabinets have been added, & new appliances along with custom storage in the bedrooms & office. Future tenants benefit from a 2-car garage, up to 2 surface spaces, two laundry hookups, & two patios! 100% of the windows are new vinyl, and the foundation has been braced and secured. The property is ideally located between 1st & Division which provides a buffer from 2nd St & Ocean. Additionally the 1bedroom unit maintains a 5-star successful four year history of shorter term rentals generating over $3,400 per month. Additionally, it is possible for a new owner to monetize & convert the 2-car garage to a third unit for additional income. 119 Covina has been meticulously maintained, and is a rare pride of ownership opportunity for a savvy investor or a first time owner occupant.