NOT LISTED FOR SALE

131 N Vecino Dr Covina, CA 91723

Estimated Value: $1,250,000 - $1,352,000

8 Beds
4 Baths
3,473 Sq Ft
$377/Sq Ft Est. Value

Last Sold November 13, 2024

Last sale price $1,300,000 $374 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,894/month

2 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Living Room
  • South Hills High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • 4 Detached Carport Spaces

About This Home

As of November 2024

This is a well-maintained four-unit complex, offering 2 bedrooms and 1 bathroom per unit. Corner lot! Each unit has access to one designated carport parking spaces, ensuring convenience for tenants. The rental income is stable, with long-term tenants in place, making it an attractive investment opportunity. Current total income: $7611 per month/ $91332 annual. owner pays for water, trash, hot water gas, pest control and gardening service, total average $630 per month. Building in very good shape; Hip Roof! Not flat roof!! Rain gutter installed. Freshly exterior painted enhancing its curb appeal and overall aesthetic. Stair and balcony inspections have been fully inspected and passed. The property also features a small garden, adding a touch of greenery to the living environment. Easy to manage and easy to rent out. Property offers excellent location with strong amenities. It is conveniently close to popular destinations like IKEA and McDonald’s many stores near by also close to Covina Valley Unified School District. Drive by only. Do not disturb tenants. Thank you

Last Agent to Sell the Property

Jenifer Chow

Doubletree Realtors Brokerage Phone: 626-278-0946 License #01181503 Listed on: 09/28/2024

Last Buyer's Agent

Sherry Carr

Compass License #01486693

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,137 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,473 Sq Ft Home
  • 2-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 8 Bedrooms | 4 Main Level Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Detached Carport Spaces
  • Parking Available

Additional Features

  • Property is near public transit
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 22305
  • Assessor Parcel Number 8429030042
  • $1,402 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Structure Type: Quadruplex
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: CVR3-RD1250*
  • Property Sub Type: Quadruplex
  • Property Type: Residential
  • Parcel Number: 8429030042
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3473.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 374.32
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Near Public Transit
  • Lot Size Sq Ft: 6137.00
  • Lot Size Acres: 0.1409

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6137.0000 Square Feet
  • Number Of Units Total: 4

Tax Info

  • Tax Census Tract: 4037.22
  • Tax Lot: 1
  • Tax Tract Number: 22305
  • TaxOtherAnnualAssessmentAmount: 1402.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2024
Sold by
Hsiao Su-Wen Grace and Hsiao Grace Suwen
Bought by
Dashan Llc
Current Estimated Value
$1,310,852

Purchase Details

Closed on
Jul 9, 2024
Sold by
Hsiao Su-Wen Grace and Hsiao Grace Suwen
Bought by
Dashan Llc

Purchase Details

Listed on
Aug 22, 2017
Closed on
Sep 12, 2017
Sold by
Wang Ente
Bought by
Hsiao Su Wen Grace
Seller's Agent
Regina Wang
Treelane Realty Group Inc.
Buyer's Agent
Mana Chan
Advantage Real Estate
List Price
$898,000
Sold Price
$886,000
Premium/Discount to List
-$12,000
-1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%

Purchase Details

Listed on
Jul 28, 2015
Closed on
Aug 28, 2015
Sold by
Malik Naseem
Bought by
Wang Ente and Ente Wang Revocable Living Trust
Seller's Agent
The Mark and Al Team
CENTURY 21 MASTERS
Buyer's Agent
Anne Huang
IRN Realty
List Price
$775,000
Sold Price
$775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%
Original Mortgage
$507,500
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2012
Sold by
Malik Naseem
Bought by
Malik Naseem and Malik Family Trust

Purchase Details

Closed on
Nov 26, 2010
Sold by
Patel Madhu
Bought by
Madhu Patel Revocable Living Trust

Purchase Details

Closed on
Feb 21, 2008
Sold by
Malik Naseem and Patel Madhu
Bought by
Malik Naseem
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Dashan Llc -- None Listed On Document
Dashan Llc -- None Listed On Document
Hsiao Su Wen Grace $886,000 Wfg National Title Company
Wang Ente $775,000 First American Title Co
Malik Naseem -- None Available
Madhu Patel Revocable Living Trust -- None Available
Malik Naseem -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Ente $507,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2024 11/13/24 Sold $1,300,000 0.0% $374 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/28/2024 09/28/24 For Sale $1,300,000 +46.7% $374 / Sq Ft
09/26/2017 09/26/17 Sold $886,000 -1.3% $255 / Sq Ft View Prior Sale
08/31/2017 08/31/17 Pending -- -- --
08/22/2017 08/22/17 For Sale $898,000 +15.9% $259 / Sq Ft
09/17/2015 09/17/15 Sold $775,000 0.0% $223 / Sq Ft View Prior Sale
07/28/2015 07/28/15 Pending -- -- --
06/23/2015 06/23/15 For Sale $775,000 -- $223 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,870 $1,300,000 $900,000 $400,000
2024 $12,870 $988,346 $430,588 $557,758
2023 $12,689 $968,968 $422,146 $546,822
2022 $12,526 $949,969 $413,869 $536,100
2021 $12,341 $931,343 $405,754 $525,589
2019 $12,064 $903,720 $393,720 $510,000
2018 $11,589 $886,000 $386,000 $500,000
2016 $10,081 $775,000 $500,000 $275,000
2015 $4,031 $256,065 $76,703 $179,362
2014 $3,996 $251,050 $75,201 $175,849
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24201863

California Regional Multiple Listing Service (CRMLS)

APN: 8429-030-042