$5,200,000
PENDING

2003 E Cienega Ave Covina, CA 91724

Estimated payment $29,646/month

Total Views 4,391
1.53 Acres
$3,399,804 Price per Acre
66,625 Sq Ft Lot

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

LI WANG

New Century Commercial Brokerage Phone: 6266742956 License #01957892 Listed on: 04/23/2024

New Century Commercial

Co-Listing Agent

HUBERT TRIEU

Coldwell Banker New Century Brokerage Phone: 6266742956 License #01146218

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,295

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

Property Details

Property Type

Land

Est. Annual Taxes

$23,295

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: CVRD02
  • Property Type: Land
  • Parcel Number: 8401014010
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 78.05

Exterior Features

  • View: City Lights

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Value In Land
  • Lot Size Sq Ft: 66624.00
  • Lot Size Acres: 1.5295

Multi Family

  • Lot Size Area: 66624.0000 Square Feet

Tax Info

  • Tax Census Tract: 4038.02
  • Tax Lot: 8

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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 $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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Pending -- -- --
07/02/2024 07/02/24 Off Market $5,200,000 -- --
04/23/2024 04/23/24 For Sale $5,200,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,750,000 Fidelity National Title Co
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24081332

California Regional Multiple Listing Service (CRMLS)

APN: 8401-014-010