$1,749,900

1553 Dennis Place West Covina, CA 91790

Estimated payment $10,829/month

Total Views 8,006
7 Beds
7 Baths
3,580 Sq Ft
$489 Price per Sq Ft

Highlights

  • No HOA
  • Cul-De-Sac
  • Central Heating and Cooling System
  • Edgewood High School Rated A-
  • Laundry Room

About This Home

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!

Listing Agent

The Mark and Al Team

CENTURY 21 MASTERS Brokerage Email: offers@markandal.com License #00914322 Listed on: 06/12/2025

CENTURY 21 MASTERS

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

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 $2,565
  • Trash Expense $3,756
  • Water Sewer Expense $1,116
  • New Taxes Expense $19,240
  • Operating Expense $27,912
  • Gross Income $103,800
  • Net Operating Income $75,888

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,970

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 4.34
  • Price Per Unit: 583300
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1116.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 8458024028
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: Front
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 488.80
  • Room Type: Laundry

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Carport, Paved
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Unknown
  • Trash Expense: 3756.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 10897.00
  • Lot Size Acres: 0.2502
  • Latitude Manual: 34.07439800

Multi Family

  • Electric Expense: 264.00
  • Gross Income: 103800.00
  • Gross Operating Income: 103800.00
  • Gross Scheduled Income: 103800.00
  • Insurance Expense: 2565.00
  • Lot Size Area: 10897.0000 Square Feet
  • Net Operating Income: 75888.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 27912.00
  • Rent Control: No
  • Total Expenses: 27912.00

Tax Info

  • New Taxes Expense: 19240.00
  • Tax Lot: 10
  • Tax Tract Number: 21431

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
07/19/2013 07/19/13 Pending -- -- --
07/16/2013 07/16/13 For Sale $750,000 -- $209 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $638,000 New Conventional
Closed $662,750 New Conventional
Previous Owner $330,000 Unknown
Previous Owner $392,400 New Conventional
Previous Owner $399,500 Fannie Mae Freddie Mac
Previous Owner $120,000 Seller Take Back
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25129769

California Regional Multiple Listing Service (CRMLS)

APN: 8458-024-028