J
Seller's Agent in 2022
Jimmy Chen
168 Realty Inc.
155 N Vecino Dr Covina, CA 91723
Estimated Value: $1,334,000 - $1,712,000
8
Beds
4
Baths
3,473
Sq Ft
$425/Sq Ft
Est. Value
Highlights
- Dual Staircase
- Property is near public transit
- No HOA
- South Hills High School Rated A-
- Granite Countertops
- Cooling System Mounted To A Wall/Window
About This Home
As of June 2022Rare opportunity to own a beautiful Residential Quadruplex in desirable Covina City, CA. This charming property features four spacious; 2+1 units on 5,278 square/foot lot. The asset features hardwood floors in each unit. In addition, whole building was renovated in 2016, four carport of onsite parking. Close to Freeway 10, downtown of Covina, transportation stations and shopping markets. Buyer to verify all information as part of their Due Diligence.
Last Agent to Sell the Property
Jimmy Chen
168 Realty Inc. License #01472667 Listed on: 04/21/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 5,278 Sq Ft Lot
- 1 Common Wall
Parking
- 4 Car Garage
- 4 Carport Spaces
- Parking Available
Home Design
- Quadruplex
- Partial Copper Plumbing
Interior Spaces
- 3,473 Sq Ft Home
- Dual Staircase
- Recessed Lighting
- Living Room
Kitchen
- Gas Range
- Range Hood
- Granite Countertops
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Wall Furnace
- Natural Gas Connected
- Cable TV Available
Additional Features
- Exterior Lighting
- Property is near public transit
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 3
- Tax Tract Number 22305
- Assessor Parcel Number 8429030044
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $4,000
- Trash Expense $2,400
- Water Sewer Expense $2,400
- New Taxes Expense $16,000
- Operating Expense $24,800
- Gross Income $80,700
- Net Operating Income $55,900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 21, 2022
Closed on
Aug 26, 2022
Sold by
Tao John Beining and Zhao Christine Ping
Bought by
Jc Investor Llc
Seller's Agent
Jimmy Chen
168 Realty Inc.
Buyer's Agent
HANG TAO
Pacific One Realty Inc.
List Price
$1,260,000
Sold Price
$1,390,000
Premium/Discount to List
$130,000
10.32%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,603
Avg. Annual Appreciation
1.68%
Purchase Details
Listed on
May 29, 2015
Closed on
Sep 3, 2015
Sold by
Arroyo Juan G
Bought by
Zhou Qin
Seller's Agent
Janeth Rayo
TRT CAPITAL
Buyer's Agent
GABRIELA Pena
DREAM LIFE REALTY
List Price
$620,000
Sold Price
$620,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.61%
Original Mortgage
$310,000
Interest Rate
3.91%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 8, 2015
Sold by
Arroyo Juan G
Bought by
Arroyo Juan G and Arroyo Orfilia
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jc Investor Llc | -- | None Listed On Document | |
| Zhou Qin | $620,000 | Orange Coast Title Co Socal | |
| Arroyo Juan G | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Zhou Qin | $310,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/29/2022 06/29/22 | Sold | $1,390,000 | +10.3% | $400 / Sq Ft | |
| 04/21/2022 04/21/22 | For Sale | $1,260,000 | +103.2% | $363 / Sq Ft | |
| 09/11/2015 09/11/15 | Sold | $620,000 | 0.0% | $179 / Sq Ft | View Prior Sale |
| 06/11/2015 06/11/15 | Pending | -- | -- | -- | |
| 05/29/2015 05/29/15 | For Sale | $620,000 | -- | $179 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $17,843 | $1,446,156 | $1,092,420 | $353,736 |
| 2024 | $17,843 | $1,417,800 | $1,071,000 | $346,800 |
| 2023 | $17,911 | $1,417,800 | $1,071,000 | $346,800 |
| 2022 | $9,491 | $691,618 | $423,896 | $267,722 |
| 2021 | $9,347 | $678,058 | $415,585 | $262,473 |
| 2019 | $9,143 | $657,948 | $403,259 | $254,689 |
| 2018 | $8,770 | $645,048 | $395,352 | $249,696 |
| 2016 | $8,908 | $620,000 | $380,000 | $240,000 |
| 2015 | $2,361 | $109,502 | $23,031 | $86,471 |
| 2014 | -- | $107,358 | $22,580 | $84,778 |
Source: Public Records
Agents Affiliated with this Home
-
-
HANG TAO
H
Buyer's Agent in 2022
HANG TAO
Pacific One Realty Inc.
(626) 662-7168
2 in this area
7 Total Sales
-
J
Seller's Agent in 2015
Janeth Rayo
TRT CAPITAL
-
GABRIELA Pena
G
Buyer's Agent in 2015
GABRIELA Pena
DREAM LIFE REALTY
(626) 213-0999
48 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR22081078
APN: 8429-030-044
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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