1553 Dennis Place West Covina, CA 91790
Estimated payment $8,982/month
Highlights
- No HOA
- Cul-De-Sac
- Central Heating and Cooling System
- Edgewood High School Rated A-
- Laundry Room
About This Home
HUGE PRICE DROP! Discover a rare investment opportunity with this gated triplex located on a quiet cul-de-sac in the heart of West Covina. Each of the three well-maintained, two-story units offers central A/C, in-unit laundry, and separate gas and electric meters, providing comfort, privacy, and efficiency for residents. Unit A boasts 1,541 sq. ft., while Units B and C each offer 1,020 sq. ft. All units are two stories with no one living above or below, eliminating noise concerns and enhancing the peaceful living experience. The property is ideal for investors or owner-occupants looking to live in one unit while renting out the others, with strong rental potential in a highly desirable neighborhood. The gated entrance adds extra security, and the tranquil cul-de-sac setting boosts residential appeal. No HOA fees and low operating costs. There’s also potential to add several ADUs for additional income—buyer to verify with the city. Conveniently located near the West Covina Mall, major freeways, schools, and dining, this property combines prime location, flexibility, and long-term value—don’t miss out on this exceptional opportunity! Cap rate is currently 5.31%. Buyers and their agents to verify all financial information.
Listing Agent
CENTURY 21 MASTERS Brokerage Email: offers@markandal.com License #00914322 Listed on: 06/12/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,970
Year Built
- Built in 1979
Lot Details
- 0.25 Acre Lot
- 1 Common Wall
- Cul-De-Sac
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 3,580 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Bathrooms
Parking
- 3 Open Parking Spaces
- 6 Parking Spaces
- 3 Carport Spaces
- Parking Available
- Paved Parking
Outdoor Features
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 10
- Tax Tract Number 21431
- Assessor Parcel Number 8458024028
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 4 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $264
- Gardener Expense $960
- Insurance Expense $2,568
- Trash Expense $3,756
- Water Sewer Expense $1,116
- New Taxes Expense $16,488
- Operating Expense $25,152
- Gross Income $103,800
- Net Operating Income $79,608
Map
Home Values in the Area
Average Home Value in this Area
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 | $12,970 | $1,052,489 | $739,587 | $312,902 |
| 2024 | $12,970 | $1,031,853 | $725,086 | $306,767 |
| 2023 | $12,320 | $1,011,621 | $710,869 | $300,752 |
| 2022 | $12,429 | $991,786 | $696,931 | $294,855 |
| 2021 | $12,074 | $972,340 | $683,266 | $289,074 |
| 2019 | $11,744 | $943,500 | $663,000 | $280,500 |
| 2018 | $10,108 | $813,410 | $430,946 | $382,464 |
| 2016 | $9,219 | $781,826 | $414,213 | $367,613 |
| 2015 | $9,044 | $770,084 | $407,992 | $362,092 |
| 2014 | $8,991 | $755,000 | $400,000 | $355,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/18/2025 10/18/25 | Price Changed | $1,499,000 | -6.3% | $419 / Sq Ft | |
| 08/08/2025 08/08/25 | Price Changed | $1,599,000 | -8.6% | $447 / Sq Ft | |
| 06/12/2025 06/12/25 | For Sale | $1,749,900 | +89.2% | $489 / Sq Ft | |
| 05/31/2018 05/31/18 | Sold | $925,000 | -15.1% | $258 / Sq Ft | View Prior Sale |
| 03/24/2018 03/24/18 | Pending | -- | -- | -- | |
| 09/28/2017 09/28/17 | Price Changed | $1,089,000 | -8.4% | $304 / Sq Ft | |
| 08/27/2017 08/27/17 | For Sale | $1,189,000 | +57.5% | $332 / Sq Ft | |
| 07/30/2013 07/30/13 | Sold | $755,000 | +0.7% | $211 / Sq Ft | View Prior Sale |
| 07/19/2013 07/19/13 | Pending | -- | -- | -- | |
| 07/16/2013 07/16/13 | For Sale | $750,000 | -- | $209 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $925,000 | Provident Title Company | |
| Grant Deed | -- | Accommodation | |
| Grant Deed | $755,000 | None Available | |
| Grant Deed | $799,000 | Alliance Title Resale | |
| Grant Deed | $361,000 | Chicago Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $662,750 | New Conventional | |
| Previous Owner | $399,500 | Fannie Mae Freddie Mac | |
| Previous Owner | $120,000 | Seller Take Back |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25129769
APN: 8458-024-028
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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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