2003 E Cienega Ave Covina, CA 91724
Estimated payment $28,970/month
Highlights
- City Lights View
- 1.53 Acre Lot
- No HOA
- Royal Oak Middle School Rated 9+
About This Lot
**Attention Developers: Unbeatable development trio! Calling all developers to seize an unbeatable opportunity! This listing price is for parcel 8401-014-010 only. For $7,870,000.00, it is included 2 additional parcels 8401-014-017 and 8401-014-018. It adds up around 2.43 acres of prime development land. **Strategic plan** purchase all 3 parcels together for a seamless development process and maximum potential. **~2.43 acre ** There are ample space to bring your multi-unit development vision to life. ** Ideal location ** easy access to downtown Covina, freeway 210, 10 and other amenities. ** It is a great potential to create a thriving residential community or another innovative project. This is a rare chance to secure a trio of parcels that holds immense promise. Don't miss out on this opportunity to elevate your portfolio. Contact us now to make your mark in the world of real estate development!
Listing Agent
New Century Commercial Brokerage Phone: 6266742956 License #01957892 Listed on: 04/23/2024
Co-Listing Agent
Coldwell Banker New Century Brokerage Phone: 6266742956 License #01146218
Property Details
Property Type
- Land
Lot Details
- 1.53 Acre Lot
- Value in Land
- Property is zoned CVRD02
Additional Features
- City Lights Views
- Urban Location
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 8401014010
Community Details
Overview
- No Home Owners Association
Recreation
- Exterior Lighting
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 | $23,295 | $1,913,876 | $1,848,260 | $65,616 |
| 2024 | $23,295 | $1,876,350 | $1,812,020 | $64,330 |
| 2023 | $22,755 | $1,839,560 | $1,776,491 | $63,069 |
| 2022 | $22,474 | $1,803,491 | $1,741,658 | $61,833 |
| 2021 | $22,147 | $1,768,129 | $1,707,508 | $60,621 |
| 2020 | $1,412 | $220,546 | $76,195 | $144,351 |
| 2019 | $1,401 | $216,222 | $74,701 | $141,521 |
| 2018 | $1,434 | $211,984 | $73,237 | $138,747 |
| 2016 | $1,425 | $203,754 | $70,394 | $133,360 |
| 2015 | $1,446 | $200,694 | $69,337 | $131,357 |
| 2014 | $1,539 | $196,763 | $67,979 | $128,784 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/03/2025 12/03/25 | For Sale | $5,200,000 | 0.0% | -- |
| 07/03/2024 07/03/24 | Pending | -- | -- | -- |
| 07/02/2024 07/02/24 | Off Market | $5,200,000 | -- | -- |
| 07/02/2024 07/02/24 | Pending | -- | -- | -- |
| 04/23/2024 04/23/24 | For Sale | $5,200,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,750,000 | Fidelity National Title Co |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS24081332
APN: 8401-014-010
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