NOT LISTED FOR SALE

230 N Hollenbeck Ave Covina, CA 91723

Estimated Value: $992,000 - $1,056,000

4 Beds
3 Baths
2,206 Sq Ft
$465/Sq Ft Est. Value

Last Sold July 14, 2015

Last sale price $585,000 $265 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $6,036/month

90 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Paved or Partially Paved Lot
  • Front Yard

About This Home

As of July 2015

Great Opportunity for an investor / owner. Stunning classic architecture with one main house and a duplex close to the great Covina park in the Adams park. Great Opportunity for an investor/owner. Multi family dwelling income property. New owner can live in one house while generating income from the other two units. Each unit has its own Laundry Hookups. Great Long term tenants. Imagine the possibilities! Homes are located in good rent-able area close to freeway access, schools, and shopping. Agents and buyer to verify with city for zoning and building.
****Do not disturb tenants they are unaware property is being sold****

Last Agent to Sell the Property

Ramin Haghighi

The Ladera Group License #01382993 Listed on: 06/15/2015

Last Buyer's Agent

LISA LIU

High Ten Partners, Inc. License #01367753

High Ten Partners, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 10,255 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,206 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 30
  • Tax Tract Number 6643
  • Assessor Parcel Number 8431021001

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,058
  • Trash Expense $854
  • Water Sewer Expense $1,440
  • Gross Income $3,650
  • Net Operating Income $33,230

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

10,255 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 1440.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 8431021001
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Living Room, Master Bedroom
  • Price Per Square Foot: 265.19

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 854.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Front Yard, Paved
  • Lot Size Sq Ft: 10255.00
  • Price Per Lot Square Foot: 57.05
  • Lot Size Acres: 0.2350

Multi Family

  • Gross Income: 3650.00
  • Gross Scheduled Income: 43500.00
  • Insurance Expense: 1058.00
  • Lot Size Area: 10255.0000 Square Feet
  • Net Operating Income: 33230.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Disposal: 3
  • Operating Expense: 10466.00
  • Rent Control: No

Tax Info

  • Tax Lot: 30
  • Tax Tract Number: 6643
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2016
Sold by
Lin Grantors Chichang and Lin Suping Chang
Bought by
Lin Chichang and Lin Suping Chang
Current Estimated Value
$1,026,492

Purchase Details

Closed on
Mar 26, 2015
Sold by
Yang Monica H
Bought by
Lin Chi Cahng and Lin Su Ping Chang

Purchase Details

Closed on
Mar 20, 2013
Sold by
Toh Kiam M
Bought by
Yang Monica H

Purchase Details

Closed on
Mar 16, 2013
Sold by
Puchahes Hector and Puchahes Sylvia
Bought by
Yang Monica H

Purchase Details

Closed on
Mar 25, 2002
Sold by
Barker Ben D and Barker Barbara A
Bought by
Whiteing Kenneth E and Whiteing Kris E

Purchase Details

Closed on
Jan 14, 2002
Sold by
Whiteing Kenneth E and Whiteing Kris E
Bought by
Puchahes Hector and Puchahes Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,200
Interest Rate
7.13%
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
Lin Chichang -- None Available
Lin Chi Cahng $585,000 Fidelity Sherman Oaks
Yang Monica H -- Fidelity National Title Co
Yang Monica H $440,000 Fidelity National Title Co
Whiteing Kenneth E $211,000 First American Title Co
Whiteing Kenneth E -- First American Title Co
Puchahes Hector $314,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Puchahes Hector $251,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2015 07/14/15 Sold $585,000 -2.3% $265 / Sq Ft
06/15/2015 06/15/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $599,000 -- $272 / 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 $8,981 $692,514 $497,191 $195,323
2024 $8,981 $678,937 $487,443 $191,494
2023 $8,855 $665,626 $477,886 $187,740
2022 $8,742 $652,575 $468,516 $184,059
2021 $8,616 $639,780 $459,330 $180,450
2020 $8,505 $633,221 $454,621 $178,600
2019 $8,426 $620,806 $445,707 $175,099
2018 $8,058 $608,634 $436,968 $171,666
2016 $7,628 $585,000 $420,000 $165,000
2015 $5,987 $450,827 $307,383 $143,444
2014 -- $441,997 $301,362 $140,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV15055469

California Regional Multiple Listing Service (CRMLS)

APN: 8431-021-001

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