$1,557,000
$82K PRICE DROP

Estimated payment $10,250/month

Total Views 4,176
9 Beds
8 Baths
4,097 Sq Ft
$380 Price per Sq Ft

Highlights

  • Granite Countertops
  • Community Pool
  • Tile Flooring
  • Private Yard
  • Laundry Room
  • Central Heating and Cooling System

About This Home

Outstanding Income Property in a Prime West Covina Neighborhood. Rare opportunity to own a townhouse-style fourplex located in a well-

maintained community with access to a shared pool. Properties like this are seldom available in such a desirable location. This exceptional income

property features four spacious units, with updated kitchens and bathrooms in Unit 1 & 2, central A/C, and separate meters for electricity and gas. Each unit

offers a functional layout, private outdoor space, and dedicated parking. Newer roof (replaced the entire roof) around August 2018. Here’s a

breakdown of the units: Unit 1 (Approx. 1,100 sq.ft.): A 3-bedroom, 1.5-bath unit featuring a large living room with a fireplace, a dining area, a

kitchen with granite countertops, and ample cabinetry. This unit also includes a private patio, a downstairs powder room, an upstairs bathroom

with dual sinks, and a 2-car garage. Tile flooring on the first floor and new dual-paned windows. Unit 2 (Approx. 990 sq.ft.): A 2-bedroom, 1.5-bath

unit with a living room, dining area, new bathroom cabinets and new kitchen cabinet with man-made engineered quartz countertop.

Additional features include a guest powder room downstairs, a full bath upstairs, a private patio, 1-car garage, and a carport. New dual-paned

windows and newer central heating/cooling was replaced in 2022. Unit 3 (Approx. 990 sq.ft.): Similar in layout to Unit 2, this 2-bedroom, 1.5-bath

unit offers a stove and laminated kitchen countertop. It has 1-car garage and a covered parking space. Unit 4 (Approx. 930 sq.ft.): A 2-bedroom,

1.25-bath unit offering a living room, dining area, kitchen with laminated countertops, and a stove. This unit also includes a balcony, a 1-car

garage, and an uncovered parking space. Additional features include the laminate wood flooring, newer water heaters, and garbage disposal.

The laundry hookups in each unit in the garage, well-maintained interiors throughout. The dryers, water heaters, and central heating use natural gas.

Unit 1, Unit 3, and Unit 4 have a dishwasher. Conveniently located near markets, schools, banks, parks, and public transportation—this is an ideal

opportunity for investors seeking solid rental income in a high-demand area.

Listing Agent

Sharon Liu

Re/Max Premier Prop Arcadia Brokerage Phone: 626-758-0937 License #01720175 Listed on: 07/02/2025

Re/Max Premier Prop Arcadia

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,952

Year Built

  • Built in 1978

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Private Yard
  • Back Yard

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 4,097 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Gas and Electric Range
  • Granite Countertops
  • Quartz Countertops
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Pool

  • Fence Around Pool

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 32339
  • Assessor Parcel Number 8735010024

Community Details

Overview

  • 4 Units

Recreation

  • Community Pool

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $170
  • Gardener Expense $1,200
  • Insurance Expense $4,821
  • Maintenance Expense $12,000
  • Trash Expense $3,768
  • Water Sewer Expense $2,632
  • Operating Expense $12,592
  • Gross Income $125,124
  • Net Operating Income $94,580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,952

Year Built

Built in 1978

Lot Details

0

HOA Fees

$270 per month

Parking

4

Listing Details

  • Price Per Unit: 389250
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 2632.20
  • Zoning: WCPCD1*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 8735010024
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Quartz Counters
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 380.03
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Features: Community, Fenced
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas & Electric Range, Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 3767.90
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 270.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Yard
  • Lot Size Sq Ft: 11188.00
  • Lot Size Acres: 0.2568

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 170.35
  • Gross Income: 125124.00
  • Gross Scheduled Income: 125124.00
  • Insurance Expense: 4821.30
  • Lot Size Area: 11188.0000 Square Feet
  • Maintenance Expense: 12000.00
  • Net Operating Income: 94580.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 30543.70
  • Rent Control: No
  • Total Expenses: 12591.75

Tax Info

  • Tax Census Tract: 4080.06
  • Tax Lot: 22
  • Tax Tract Number: 32339

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
2025 $17,952 $1,294,930 $418,166 $876,764
2024 $17,952 $1,269,540 $409,967 $859,573
2023 $17,401 $1,244,648 $401,929 $842,719
2022 $15,909 $1,220,245 $394,049 $826,196
2021 $15,655 $1,196,320 $386,323 $809,997
2019 $15,172 $1,161,438 $374,865 $786,573
2018 $14,593 $1,138,677 $367,515 $771,162
2016 $13,964 $1,093,886 $353,245 $740,641
2015 $13,775 $1,077,455 $347,939 $729,516
2014 $13,749 $1,056,350 $341,124 $715,226
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Price Changed $1,557,000 -5.0% $380 / Sq Ft
07/02/2025 07/02/25 For Sale $1,639,000 -- $400 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $929,000 Financial Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed $470,000 First American Title Co
Grant Deed $234,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $616,000 Fannie Mae Freddie Mac
Previous Owner $210,000 Credit Line Revolving
Previous Owner $314,300 New Conventional
Previous Owner $300,000 No Value Available
Previous Owner $187,400 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR25144575

California Regional Multiple Listing Service (CRMLS)

APN: 8735-010-024