A
Seller's Agent in 2026
Andrew Tapia
PPF Realty
(714) 815-7091
1 in this area
62 Total Sales
16512 E Cypress St Covina, CA 91722
3
Beds
2
Baths
1,286
Sq Ft
6,314
Sq Ft Lot Lot
Highlights
- In Ground Pool
- No HOA
- Laundry Room
- Manzanita Elementary School Rated A-
- 2 Car Attached Garage
- Central Heating
About This Home
As of March 2026!Calling all investors! - Flippers, and contractors! This 3-bedroom, 2-bath pool home offers incredible potential for those looking to renovate, rebuild, or add long-term value. Featuring a 2 car garage and ample driveway parking, this property presents the perfect canvas for a full rehab. The home is currently in need of extensive repairs throughout and is not suitable for immediate occupancy, but the possibilities are endless for the right buyer ready to roll up their sleeves.
Located in a desirable Covina neighborhood close to shopping, dining, parks, and convenient freeway access, this area is known for its strong rental demand and long-term growth potential making it a prime investment location.
Don’t miss this rare fixer-upper opportunity with tremendous upside potential in one of Covina’s established communities.
Last Agent to Sell the Property
PPF Realty Brokerage Phone: 714-815-7091 License #02190626 Listed on: 03/03/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1963
Lot Details
- 6,314 Sq Ft Lot
- Density is up to 1 Unit/Acre
Parking
- 2 Car Attached Garage
- Parking Available
- Driveway
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,286 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Six Burner Stove
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- In Ground Pool
- Exterior Lighting
Additional Features
- Suburban Location
- Central Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 10
- Tax Tract Number 15436
- Assessor Parcel Number 8419019019
- $732 per year additional tax assessments
- Seller Considering Concessions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 3, 2026
Closed on
Mar 26, 2026
Sold by
Lai Tan and Lai Olivia
Bought by
Vargas Properties & Flips Inc
Seller's Agent
Andrew Tapia
PPF Realty
Buyer's Agent
Gonzalo Ortiz
Coldwell Banker Envision
List Price
$525,000
Sold Price
$585,000
Premium/Discount to List
$60,000
11.43%
Views
122
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-40.57%
Original Mortgage
$583,900
Outstanding Balance
$583,900
Interest Rate
6.09%
Mortgage Type
Construction
Estimated Equity
-$37,161
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $585,000 | First American Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $583,900 | Construction |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/27/2026 03/27/26 | Sold | $585,000 | 0.0% | $455 / Sq Ft |
| 03/11/2026 03/11/26 | Off Market | $585,000 | -- | -- |
| 03/11/2026 03/11/26 | For Sale | $525,000 | -10.3% | $408 / Sq Ft |
| 03/10/2026 03/10/26 | Off Market | $585,000 | -- | -- |
| 03/05/2026 03/05/26 | Pending | -- | -- | -- |
| 03/03/2026 03/03/26 | For Sale | $525,000 | -- | $408 / 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 | $4,311 | $311,481 | $174,321 | $137,160 |
| 2024 | $4,062 | $305,374 | $170,903 | $134,471 |
| 2023 | $4,000 | $299,387 | $167,552 | $131,835 |
| 2022 | $3,945 | $293,517 | $164,267 | $129,250 |
| 2021 | $3,882 | $287,763 | $161,047 | $126,716 |
| 2019 | $3,793 | $279,229 | $156,271 | $122,958 |
| 2018 | $3,571 | $273,755 | $153,207 | $120,548 |
| 2016 | $3,378 | $263,126 | $147,258 | $115,868 |
| 2015 | $3,284 | $259,175 | $145,047 | $114,128 |
| 2014 | $3,243 | $254,099 | $142,206 | $111,893 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Tapia
-
Peter McKernan
Seller Co-Listing Agent in 2026
Peter McKernan
PPF Realty
(714) 328-2814
1 in this area
226 Total Sales
-
Gonzalo Ortiz
Buyer's Agent in 2026
Gonzalo Ortiz
Coldwell Banker Envision
(562) 212-8526
1 in this area
42 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26046672
APN: 8419-019-019
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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