1823 W Palm Dr West Covina, CA 91790
Estimated payment $7,326/month
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
eXp Realty of California Inc Brokerage Phone: 626-203-2042 License #02227521 Listed on: 10/15/2025
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
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 | $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 |
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 |
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 |
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: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS25238094
APN: 8437-027-005
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