NOT LISTED FOR SALE

219 E Puente St Unit 4 Covina, CA 91723

Estimated Value: $1,431,000 - $1,908,265

8 Beds
6 Baths
4,182 Sq Ft
$409/Sq Ft Est. Value

Last Sold December 02, 2021

Last sale price $1,690,000 $404 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $10,732/month

64 Days on Market

Highlights

  • Living Room
  • Laundry Room
  • Forced Air Heating and Cooling System
  • South Hills High School Rated A-

About This Home

As of December 2021

This Beautiful 4 units condo-style two story apartment is located on a beautiful, quiet street in heart of Covina, in the highly desirable rental area of Covina,Conveniently located to shops banks,restaurants,super markets,malls,schools and minutes to major freeways. excellent condition and very spacious.Two units are 2 bedrooms 2 baths and two units are 2 bedrooms,1 baths. Each units has inside laundry,yard area,central air and 2 car garages,Each units has separate electric,gas,water meters, two units rent are stil low.Excellent investment. much see.Units3&4 rent will increase from $1550 to $1700,effective Date January 1 2022.

Last Agent to Sell the Property

Johnny Chang

CAL BEST REALTY License #00853937 Listed on: 09/01/2021

Last Buyer's Agent

Daniel Chen

FULLHOUSE REALTY License #01043664

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 8,750 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 8 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 4,182 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Upper Level Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 34
  • Tax Tract Number 4692
  • Assessor Parcel Number 8445018032

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $2,000
  • Trash Expense $750
  • Water Sewer Expense $100
  • Operating Expense $19,983
  • Gross Income $83,940
  • Net Operating Income $63,957

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

8,750 Sq Ft Lot

Parking

8

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 100.00
  • Zoning: CVR3-RD125
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 8445018032
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 404.11
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 750.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8750.00
  • Lot Size Acres: 0.2009

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 83940.00
  • Gross Scheduled Income: 83940.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 8750.0000 Square Feet
  • Net Operating Income: 63957.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 19983.00
  • Rent Control: No
  • Total Expenses: 19983.00

Tax Info

  • Tax Lot: 34
  • Tax Tract Number: 4692

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2018
Sold by
Nguyen Minh Quang and The Minh Quang Nguyen Family T
Bought by
Nguyen Minh Quang and The Minh Quang Nguyen Family T
Current Estimated Value
$1,711,066

Purchase Details

Closed on
Apr 16, 2018
Sold by
Nguyen Minh Quang
Bought by
Nguyen Minh Quang and The Ming Quang Nguyen Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$597,513
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,113,553

Purchase Details

Closed on
Feb 21, 2018
Sold by
Nguyen Minh Quang
Bought by
Nguyen Minh Quang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$597,513
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,113,553

Purchase Details

Closed on
Dec 13, 2017
Sold by
Wilson Maria Del Alba
Bought by
Nguyen Mina Quang and Minh Quang Nguyen Family Trust

Purchase Details

Closed on
Jun 27, 2008
Sold by
Wilson Gordon
Bought by
Wilson Gordon and Wilson Maria Delalba

Purchase Details

Closed on
Aug 22, 2002
Sold by
Covarrubias Francisco
Bought by
Wilson Gordon and Wilson Maria Delalba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.17%

Purchase Details

Closed on
Sep 9, 1999
Sold by
Takano International Inc
Bought by
Covarrubias Francisco and Covarrubias Esther
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Nguyen Minh Quang -- Accommodation
Nguyen Minh Quang -- None Available
Nguyen Minh Quang -- Westminster Title Company In
Nguyen Mina Quang $1,300,000 Chicago Title Company
Wilson Gordon -- None Available
Wilson Gordon $615,000 Orange Coast Title Company
Covarrubias Francisco $343,000 Orange Coast Title
Takano International Inc -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Minh Quang $700,000
Previous Owner Wilson Gordon $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2021 12/02/21 Sold $1,690,000 -5.5% $404 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/15/2021 10/15/21 Price Changed $1,788,000 -0.6% $428 / Sq Ft
09/01/2021 09/01/21 For Sale $1,798,000 -- $430 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $21,953 $1,793,441 $1,368,958 $424,483
2024 $21,953 $1,758,276 $1,342,116 $416,160
2023 $21,639 $1,723,800 $1,315,800 $408,000
2022 $21,408 $1,690,000 $1,290,000 $400,000
2021 $17,467 $1,353,134 $988,829 $364,305
2019 $17,071 $1,313,000 $959,500 $353,500
2018 $16,515 $1,300,000 $950,000 $350,000
2016 $9,902 $752,421 $244,688 $507,733
2015 $9,622 $741,120 $241,013 $500,107
2014 $9,496 $726,603 $236,292 $490,311
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21186549

California Regional Multiple Listing Service (CRMLS)

APN: 8445-018-032

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