NOT LISTED FOR SALE

121 S Hollenbeck Ave Covina, CA 91723

Estimated Value: $522,000 - $623,892

2 Beds
2 Baths
1,032 Sq Ft
$550/Sq Ft Est. Value

Last Sold January 28, 2025

Last sale price $510,565 $495 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,467/month

22 Days on Market

Highlights

  • In Ground Pool
  • Enclosed Patio or Porch
  • Living Room
  • Breakfast Area or Nook
  • Views
  • Central Heating and Cooling System

About This Home

As of January 2025

Welcome to this charming 2-bedroom, 2-bathroom townhome brimming with potential and ready for transformation! This two-story unit is ideal for those with a vision to bring out its best. The main floor features a spacious, open-concept living and dining area, where a large window frames a beautiful garden view adding natural light and a touch of greenery to the space. Adjacent to the living area, the cozy, eat-in kitchen opens directly onto a large, private patio perfect for al fresco dining, gardening, or unwinding in your own outdoor sanctuary. Upstairs, both bedrooms await, including a primary suite with high ceilings that create an open, airy feel. The second bedroom offers flexibility for a guest room, office, or additional living area. A large storage closet on the main level provides convenient organization, and the detached two-car garage offers additional storage and practicality. Nestled in a very desirable area this complex is just steps from the heart of Downtown Covina with incredible restaurants and shopping centers. With its desirable layout, scenic garden views, and endless potential, this townhome is a unique opportunity for those looking to create their dream space.

Last Agent to Sell the Property

Suzanne Galvan

Estate Properties License #01462170 Listed on: 11/14/2024

Estate Properties

Last Buyer's Agent

Likui Yang

Pinnacle Real Estate Group License #01996527

Pinnacle Real Estate Group

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1974

Lot Details

  • 1,383 Sq Ft Lot
  • Lot Dimensions are 20x72

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,032 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Breakfast Area or Nook
  • Laundry in Garage
  • Property Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 8443-021-039

Community Details

Overview

  • 45 Units

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1974

Lot Details

1,383 Sq Ft Lot

HOA Fees

$380 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Garden Condo
  • Levels: Two
  • Street Number Display: Yes
  • Complex Name: Olive Tree Village
  • Entry Floor: 1
  • Living Area: 1032
  • Lot Acreage: 0.0317
  • Lot Dimensions: 20x72
  • Planned Urban Dev: 1
  • Stories: 2
  • Year Built: 1974
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 483.53

Exterior Features

  • Pool Description: Association Pool
  • Pool: Yes
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Pool
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 380.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 8443-021-039
  • Lot Size Area: 1383

Multi Family

  • Number Of Units: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2024
Closed on
Jan 15, 2025
Sold by
Loyola Marymout University
Bought by
Wu Zhipeng and Hong Jiayu
Seller's Agent
Suzanne Galvan
Estate Properties
Buyer's Agent
Likui Yang
Pinnacle Real Estate Group
List Price
$575,000
Sold Price
$510,565
Premium/Discount to List
-$64,435
-11.21%
Views
43
Current Estimated Value
$567,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,658
Avg. Annual Appreciation
9.67%
Original Mortgage
$357,000
Outstanding Balance
$353,887
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$213,336

Purchase Details

Closed on
Aug 8, 2024
Sold by
Paul C Hiemenz Trust and Mullaly Susan
Bought by
Loyola Marymount University
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wu Zhipeng $511,000 Fidelity National Title
Loyola Marymount University -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Zhipeng $357,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2025 01/28/25 Sold $510,565 +2.3% $495 / Sq Ft
12/06/2024 12/06/24 Pending -- -- --
11/27/2024 11/27/24 Price Changed $499,000 -13.2% $484 / Sq Ft
11/14/2024 11/14/24 For Sale $575,000 -- $557 / Sq Ft
Source: The MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,236 $587,300 $295,300 $292,000
2024 $1,236 $76,367 $22,318 $54,049
2023 $1,217 $74,871 $21,881 $52,990
2022 $1,200 $73,403 $21,452 $51,951
2021 $1,177 $71,965 $21,032 $50,933
2020 $1,164 $71,228 $20,817 $50,411
2019 $1,152 $69,832 $20,409 $49,423
2018 $1,091 $68,463 $20,009 $48,454
2016 $1,022 $65,806 $19,233 $46,573
2015 $995 $64,819 $18,945 $45,874
2014 $989 $63,550 $18,574 $44,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-463577

The MLS

APN: 8443-021-039

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