NOT LISTED FOR SALE

2901 Covina St Los Angeles, CA 90032

El Sereno Neighborhood
4 Beds
2 Baths
1,800 Sq Ft
5,213 Sq Ft Lot

Last Sold March 09, 2016

Last sale price $410,000 $228 Per Sq Ft

283 Days on Market

Highlights

  • Corner Lot
  • Fireplace in Patio
  • Accessible Parking
  • Abraham Lincoln High School Rated A
  • Laundry Room
  • 5-minute walk to El Sereno Arroyo Playground

About This Home

As of March 2016

Great mixed use property in a desirable up and coming area close to downtown LA. This property is made up of a Corner, commercial, retail space (currently rented as a live in 1BR, 1BTH apartment, it was a barber shop at one time and would make a great retail, gallery, art studio or keep as-is, It’s currently rented for $850 Month. Behind and attached, at 2901 Covina St. is a 3 BR, 1 BTH single family home rented for $1,250/ Month. Property offers a large patio space between the corner retail and the SFR which is currently not being maximized. There’s a 1BR Bonus in the back that rents for $600 a month with its own private yard. The 2 car garage is rented as a workshop to a leather craftsman. All tenants are friendly and pay on time. Parking is gated and easily fits 4 cars. Total Income with bonus rentals is $2,895

Last Agent to Sell the Property

Noe Pina

PINA REALTY License #01742660 Listed on: 05/31/2015

Last Buyer's Agent

NOE PINA

PINA REALTY License #01742660

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 5,213 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Bonus Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Accessible Parking
  • Fireplace in Patio
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV
  • Tax Lot 21
  • Tax Tract Number 7784
  • Assessor Parcel Number 5220022004

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $30
  • Insurance Expense $600
  • Trash Expense $5
  • Water Sewer Expense $40
  • New Taxes Expense $466
  • Gross Income $2,700
  • Net Operating Income $32,340

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 40.00
  • Property Type: Residential Income
  • Parcel Number: 5220022004
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Accessibility Features: Parking
  • Fireplace Features: Bonus Room, Patio
  • Levels: One
  • Price Per Square Foot: 227.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Trash Expense: 5.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5213.00
  • Price Per Lot Square Foot: 78.65
  • Lot Size Acres: 0.1200

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Electric Expense: 30.00
  • Gross Income: 2700.00
  • Gross Scheduled Income: 34740.00
  • Insurance Expense: 600.00
  • Lot Size Area: 5213.0000 Square Feet
  • Net Operating Income: 32340.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2400.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 466.00
  • Tax Lot: 21
  • Tax Tract Number: 7784
  • Tax Year: 2013

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 List to Sale Price per Sq Ft
03/09/2016 03/09/16 Sold $410,000 -2.1% $228 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
05/31/2015 05/31/15 For Sale $419,000 -- $233 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Noe Pina

    Seller's Agent in 2016

    Noe Pina

    PINA REALTY

    (323) 439-0376

    1 in this area

    9 Total Sales

    Noe Pina
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS15116126

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90032 El Sereno

2901 Covina St, Los Angeles, CA

This home is located at 2901 Covina St, Los Angeles, CA 90032 since 31 May 2015. This property was built in 1946. 2901 Covina St is a home located in Los Angeles County with nearby schools including Sierra Park Elementary, El Sereno Middle School, and Woodrow Wilson Senior High.

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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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