Seller's Agent in 2023
Susie Avedissian
Beverly and Company
(818) 577-5467
1 in this area
12 Total Sales
235 E Orlando Way Covina, CA 91723
Estimated Value: $1,496,000 - $1,758,310
6
Beds
6
Baths
4,193
Sq Ft
$387/Sq Ft
Est. Value
Highlights
- RV Garage
- Fireplace in Primary Bedroom
- Granite Countertops
- South Hills High School Rated A-
- High Ceiling
- No HOA
About This Home
As of May 2023This stunning custom condo style triplex, is in excellent condition with one-of-a-kind features located in the heart of Covina. Given the rental upside potential for rent increases, this property presents a unique investment opportunity to any owner/user to live in one and lease out the other 2 units to support the mortgage. This newer style low maintenance building has had many upgrades over recent years and has a manicured professional landscaping and auto sprinkler systems. With 4,193 sf ft of interiors all residences are spacious and composed of a diverse mix of: (1) 3 bed/3 bath, (1) 2 bed/1.5 bath & (1) 1 bed/1 bath and 6 enclosed garages including 2 extra tall garages for RVs/boats & storage space. All units have central air/heat, balconies/patios, their own wash/dryer hook-ups and all are separately metered for utilities. The 3 bedroom residence is huge w/2,000 sf ft, vaulted ceilings, stain glass entry, granite kitchen, stainless steel appliances, balcony, patio, impressive double sided stone fireplace in the Living Rm/Family Rm. The luxurious primary en-suite bedroom also has double sided stone fireplace & beautiful bathroom w/porcelain floors & walk-in closet. All 3 residences are tastefully upgraded with too many features to mention!! Conveniently located to schools, shopping & freeways. Showings w/accepted offer only.
Last Agent to Sell the Property
Beverly and Company License #01165376 Listed on: 04/28/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1977 | Remodeled
Lot Details
- 7,800 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 6 Car Direct Access Garage
- Parking Available
- Garage Door Opener
- RV Garage
- Assigned Parking
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 4,193 Sq Ft Home
- 2-Story Property
- High Ceiling
- Living Room with Fireplace
Kitchen
- Electric Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- 6 Bathrooms
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Outdoor Features
- Balcony
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Water Heater
Listing and Financial Details
- Tenant pays for all utilities, cable TV, electricity, gas, water
- Tax Lot 1
- Tax Tract Number 21709
- Assessor Parcel Number 8445022009
- $1,262 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Gardener Expense $1,440
- Insurance Expense $1,743
- Maintenance Expense $360
- Supplies Expense $98
- Trash Expense $1,463
- Water Sewer Expense $1,000
- New Taxes Expense $6,635
- Operating Expense $12,739
- Gross Income $70,800
- Net Operating Income $58,061
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2023
Closed on
May 9, 2023
Sold by
Kocharian Varazat John
Bought by
Rsj Realty Group
Seller's Agent
Susie Avedissian
Beverly and Company
Buyer's Agent
Wen Luo
Pacific Sterling Realty/San Gabriel
List Price
$1,549,000
Sold Price
$1,549,000
Views
74
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,666
Avg. Annual Appreciation
1.75%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rsj Realty Group | $1,549,000 | Chicago Title Company |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/18/2023 05/18/23 | Sold | $1,549,000 | 0.0% | $369 / Sq Ft |
| 04/28/2023 04/28/23 | For Sale | $1,549,000 | 0.0% | $369 / Sq Ft |
| 05/18/2015 05/18/15 | Rented | $2,250 | 0.0% | -- |
| 05/13/2015 05/13/15 | Under Contract | -- | -- | -- |
| 05/02/2015 05/02/15 | For Rent | $2,250 | -- | -- |
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 | $19,605 | $1,611,579 | $1,040,400 | $571,179 |
| 2024 | $19,605 | $1,579,980 | $1,020,000 | $559,980 |
| 2023 | $6,776 | $471,822 | $95,037 | $376,785 |
| 2022 | $6,691 | $462,572 | $93,174 | $369,398 |
| 2021 | $6,580 | $453,503 | $91,348 | $362,155 |
| 2019 | $6,440 | $440,654 | $88,640 | $352,014 |
| 2018 | $6,094 | $432,026 | $86,902 | $345,124 |
| 2016 | $5,739 | $414,676 | $83,529 | $331,147 |
| 2015 | $5,580 | $408,448 | $82,275 | $326,173 |
| 2014 | $5,515 | $400,448 | $80,664 | $319,784 |
Source: Public Records
Agents Affiliated with this Home
-
Susie Avedissian
-
Wen Luo
W
Buyer's Agent in 2023
Wen Luo
Pacific Sterling Realty/San Gabriel
(626) 618-7100
2 in this area
29 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR23071524
APN: 8445-022-009
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