NOT LISTED FOR SALE

215 N Grandview Ave Covina, CA 91723

6 Beds
6 Baths
3,960 Sq Ft
7,415 Sq Ft Lot

Last Sold October 28, 2019

Last sale price $1,135,000 $287 Per Sq Ft

13 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Turnkey
  • South Hills High School Rated A-
  • Detached Carport Space
  • Level Lot

About This Home

As of October 2019

Excellent low maintenance building with happy tenants located in strong rental area of beautiful Covina. This building features 6 clean 1 bedroom 1 bathroom units. The building shows pride of ownership and has been well maintained. Community laundry on property.

Last Agent to Sell the Property

Michael Campbell

MICHAEL CAMPBELL, BROKER License #01854118 Listed on: 08/09/2019

Co-Listed By

John Morrison

BHGRE PORCHES & PLACES License #01248368

Last Buyer's Agent

Michael Campbell

MICHAEL CAMPBELL, BROKER License #01854118 Listed on: 08/09/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 7,415 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • 3,960 Sq Ft Home
  • Ranch Style House
  • Property Attached
  • Turnkey
  • Frame Construction
  • Composition Roof
  • Stucco

Kitchen

  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Detached Carport Space
  • Parking Available

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 8
  • Tax Tract Number 21839
  • Assessor Parcel Number 8429029008

Community Details

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $414
  • Fuel Expense $2,034
  • Gardener Expense $780
  • Insurance Expense $1,915
  • Maintenance Expense $566
  • Pest Control $150
  • Trash Expense $1,740
  • Water Sewer Expense $1,303
  • Operating Expense $8,902
  • Net Operating Income $50,926

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 4.26
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 1303.00
  • Zoning: CVR3-RD1250*
  • Architectural Style: Ranch
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 780.00
  • Parcel Number: 8429029008
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 286.62

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Individual Room
  • Pest Control Expense: 150.00
  • Sewer: Public Sewer
  • Trash Expense: 1740.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Level with Street
  • Lot Size Sq Ft: 7415.00
  • Lot Size Acres: 0.1702

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 414.00
  • Fuel Expense: 2034.00
  • Gross Scheduled Income: 72192.00
  • Insurance Expense: 1915.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 548.00
  • Lot Size Area: 7415.0000 Square Feet
  • Maintenance Expense: 566.00
  • Net Operating Income: 50926.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 21266.00
  • Rent Control: No
  • Total Actual Rent: 5971.00
  • Total Expenses: 8902.00

Tax Info

  • Tax Census Tract: 4037.22
  • Tax Lot: 8
  • Tax Tract Number: 21839

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2019 10/28/19 Sold $1,135,000 -5.0% $287 / Sq Ft
08/22/2019 08/22/19 Pending -- -- --
08/09/2019 08/09/19 For Sale $1,195,000 -- $302 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Campbell

    Seller's Agent in 2019

    Michael Campbell

    MICHAEL CAMPBELL, BROKER

    (909) 243-5454

    1 in this area

    55 Total Sales

    Michael Campbell
    Section Image

  • J

    Seller Co-Listing Agent in 2019

    John Morrison

    BHGRE PORCHES & PLACES

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19190406

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Covina 91723

215 N Grandview Ave, Covina, CA

This home is located at 215 N Grandview Ave, Covina, CA 91723 since 09 August 2019. This property was built in 1957. 215 N Grandview Ave is a home located in Los Angeles County with nearby schools including Ben Lomond Elementary School, South Hills High School, and Gateway Montessori Preschool - Covina Grand Ave.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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