$1,298,000
$60K PRICE DROP

1823 W Palm Dr West Covina, CA 91790

Estimated payment $7,326/month

Total Views 3,581
7 Beds
4.5 Baths
2,760 Sq Ft
$470 Price per Sq Ft

Highlights

  • Solar Power System
  • Primary Bedroom Suite
  • Property is near public transit
  • Edgewood High School Rated A-
  • Mountain View
  • Wood Flooring

About This Home

Turnkey income-producing property in a quiet and highly desirable West Covina neighborhood. This unique offering features three separate living spaces with a combined estimated monthly rental income of approximately $8,500 — an excellent opportunity for both investors and owner-occupants. Front House (Approx. 1,560 sqft)
– Main unit: 3 bedrooms and 1.5 bathrooms (0.5 bath unpermitted)
– Additional unit: 1 bedroom and 1 bathroom (unpermitted garage conversion)
– Interior photos were taken before the current occupancy. Interior access is limited at this time. Rear ADU (Approx. 1,200 sqft)
– 3 bedrooms and 2 bathrooms
– Fully permitted and completed in 2025
– 10-foot ceilings, designer finishes, premium Italian materials
– Separate private entry and fully paid solar panels (ADU only) Additional Features:
– Estimated total rent: $8,500/month
– Private entrances for all units
– Convenient freeway access for easy commuting
– Close to Tokyo Central, Plaza West Covina Mall, and Haven City Market This property combines strong cash flow, modern construction, and flexible living arrangements — ideal for investors or buyers looking to live in one unit and rent out the others. Buyer to verify all permits, square footage, and information with the City of West Covina.

Listing Agent

Jiachun Cai

eXp Realty of California Inc Brokerage Phone: 626-203-2042 License #02227521 Listed on: 10/15/2025

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,227

Year Built

  • Built in 1953

Lot Details

  • 7,541 Sq Ft Lot
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Sprinkler System
  • Lawn
  • Front Yard

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,760 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Quartz Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Stacked Washer and Dryer

Schools

  • Monte Vista Elementary School
  • West Covina High School

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Water Purifier
  • Water Softener

Additional Features

  • Solar Power System
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 67
  • Tax Tract Number 16911
  • Assessor Parcel Number 8437027005
  • $572 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,227

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8437027005
  • Year Built: 1953
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2760.00 Square Feet
  • Interior Amenities: High Ceilings
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 7
  • Price Per Square Foot: 470.29
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
  • Bathroom Features: Shower, Shower In Tub, Quartz Counters
  • Room Kitchen Features: Granite Counters, Kitchen Island, Quartz Counters

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Gas Cooktop, Refrigerator, Water Heater, Water Line to Refrigerator, Water Purifier, Water Softener
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Inside, Outside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Schools

  • Elementary School Other: Monte Vista Elementa
  • High School Other: Edgewood High School
  • Middle Or Junior School Other: Walnut Grove Interme
  • Elementary School: Monte Vista
  • High School: West Covina
  • Elementary School #2: MONVIS
  • High School2: WESCOV

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Level with Street, Rectangular Lot, Near Public Transit, Sprinkler System
  • Lot Size Sq Ft: 7541.00
  • Lot Size Acres: 0.1731

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7541.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 67
  • Tax Tract Number: 16911
  • TaxOtherAnnualAssessmentAmount: 572.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $6,227 $510,210 $359,279 $150,931
2024 $6,227 $500,207 $352,235 $147,972
2023 $5,913 $490,400 $345,329 $145,071
2022 $5,962 $480,785 $338,558 $142,227
2021 $5,792 $471,359 $331,920 $139,439
2019 $5,635 $457,380 $322,076 $135,304
2018 $5,417 $448,412 $315,761 $132,651
2016 $2,488 $194,954 $130,865 $64,089
2015 $2,445 $192,027 $128,900 $63,127
2014 $2,414 $181,787 $126,376 $55,411
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2025 11/14/25 Price Changed $1,298,000 -4.4% $470 / Sq Ft
10/15/2025 10/15/25 For Sale $1,358,000 +215.1% $492 / Sq Ft
01/28/2016 01/28/16 Sold $431,000 +0.3% $276 / Sq Ft View Prior Sale
11/04/2015 11/04/15 Pending -- -- --
10/17/2015 10/17/15 For Sale $429,900 -- $276 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $431,000 Provident Title
Grant Deed $145,000 Southland Title Corporation
Interfamily Deed Transfer -- --
Grant Deed -- South Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $301,700 Adjustable Rate Mortgage/ARM
Previous Owner $143,111 FHA
Previous Owner $100,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS25238094

California Regional Multiple Listing Service (CRMLS)

APN: 8437-027-005