NOT LISTED FOR SALE

227 N Vecino Dr Covina, CA 91723

Covina Area
6 Beds
6 Baths
3,120 Sq Ft
8,668 Sq Ft Lot

Sale Details

Date Sold: August 28, 2019

Last sale price $1,250,000 $401 Per Sq Ft

21 Days on Market

About This Home

As of August 2019

We are pleased to present the opportunity to acquire The Monarch Apartments, located at 227 N. Vecino Avenue in Covina, CA. The subject property is a 6-unit, multifamily apartment building consisting of all one bedroom/one bathroom units. The property has three two car garages and two single garages situated off-street at the end of a cul-de-sac. Each unit is separately metered for gas and electricity and has wall air conditioning units with wall heaters and individual water heaters. Unit E is currently vacant and is to be delivered vacant at close of escrow.

Last Agent to Sell the Property

Joe Cooper

Keller Williams Pasadena Mrkt License #01320599 Listed on: 07/25/2019

Keller Williams Pasadena Mrkt

Last Buyer's Agent

Joe Cooper

Keller Williams Pasadena Mrkt License #01320599 Listed on: 07/25/2019

Keller Williams Pasadena Mrkt

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 8,668 Sq Ft Lot

Parking

  • 8 Car Garage

Interior Spaces

  • 3,120 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 8429-030-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

8,668 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3120
  • Stories: 2
  • Year Built: 1959
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 6.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 400.64

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 8

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 360309
  • Assessed Land Value: 375925
  • Assessor Parcel Number: 8429-030-014
  • Geocode Override: No
  • Lot Size Area: 8668

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 20.92
  • Number Of Units: 6
  • Type Of Units: Rental

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,763,900
Interest Rate
0.0632%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2019
Closed on
Aug 20, 2019
Sold by
Bought by
Seller's Agent
Joe Cooper
Keller Williams Pasadena Mrkt
Buyer's Agent
Joe Cooper
Keller Williams Pasadena Mrkt
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Interest Rate
0.038%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 28, 2005
Sold by
Bought by

Purchase Details

Closed on
Dec 21, 2004
Sold by
Bought by

Purchase Details

Closed on
Mar 18, 2004
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Orange Coast Title Company
$1,080,000 Orange Coast Title Co
-- --
$613,000 Chicago Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $828,000
Open $4,763,900
Previous Owner $1,080,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/28/2019 08/28/19 Sold $1,250,000 0.0% $401 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
07/25/2019 07/25/19 For Sale $1,250,000 -- $401 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,458 $1,181,132 $634,312 $546,820
2024 $21,832 $1,683,000 $1,326,000 $357,000
2023 $15,532 $1,135,270 $609,682 $525,588
2022 $15,340 $1,113,011 $597,728 $515,283
2021 $15,128 $1,091,188 $586,008 $505,180
2020 $14,951 $1,080,000 $580,000 $500,000
2019 $11,338 $765,976 $391,111 $374,865
2018 $10,857 $750,958 $383,443 $367,515
2016 $10,246 $721,799 $368,554 $353,245
2015 $9,967 $710,957 $363,018 $347,939
2014 $9,853 $697,031 $355,907 $341,124
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-492708

The MLS
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