316 E School St Covina, CA 91723
Estimated payment $5,397/month
Highlights
- Laundry Room
- South Hills High School Rated A-
- 1-Story Property
About This Home
WOW, once in a lifetime opportunity to own a duplex downtown Covina! This is a rare find and won't last! The front home features 2 bedrooms and 1 bath. The back home is a 3 bedroom and 1 bath. There are 2 garages, one for each unit. Each unit has its own yard and plenty space for privacy. DO NOT MISS this great deal!
Listing Agent
NM LEGACY REALTY & ASSOCIATES Brokerage Phone: 626-437-0703 License #01419810 Listed on: 12/04/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1921
Lot Details
- 6,189 Sq Ft Lot
- No Common Walls
Parking
- 2 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,796 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 16
- Tax Tract Number 4061
- Assessor Parcel Number 8430031007
- $798 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $640
- Operating Expense $640
- Gross Income $36,000
- Net Operating Income $30,800
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,678 | $692,754 | $530,390 | $162,364 |
| 2024 | $8,678 | $679,172 | $519,991 | $159,181 |
| 2023 | $8,554 | $665,856 | $509,796 | $156,060 |
| 2022 | $8,443 | $652,800 | $499,800 | $153,000 |
| 2021 | $7,096 | $536,099 | $375,269 | $160,830 |
| 2020 | $7,003 | $530,603 | $371,422 | $159,181 |
| 2019 | $6,938 | $520,200 | $364,140 | $156,060 |
| 2018 | $6,597 | $510,000 | $357,000 | $153,000 |
| 2016 | $4,789 | $364,081 | $208,047 | $156,034 |
| 2015 | $4,653 | $358,613 | $204,922 | $153,691 |
| 2014 | $4,593 | $351,589 | $200,908 | $150,681 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/20/2026 01/20/26 | Pending | -- | -- | -- | |
| 12/04/2025 12/04/25 | For Sale | $900,000 | +80.0% | $501 / Sq Ft | |
| 09/02/2016 09/02/16 | Sold | $500,000 | +0.2% | $278 / Sq Ft | View Prior Sale |
| 07/27/2016 07/27/16 | For Sale | $499,000 | -0.2% | $278 / Sq Ft | |
| 07/25/2016 07/25/16 | Pending | -- | -- | -- | |
| 07/15/2016 07/15/16 | Off Market | $500,000 | -- | -- | |
| 07/11/2016 07/11/16 | For Sale | $499,000 | -0.2% | $278 / Sq Ft | |
| 07/02/2016 07/02/16 | Off Market | $500,000 | -- | -- | |
| 05/30/2016 05/30/16 | For Sale | $499,000 | +42.6% | $278 / Sq Ft | |
| 09/21/2012 09/21/12 | Sold | $350,000 | 0.0% | $195 / Sq Ft | View Prior Sale |
| 08/08/2012 08/08/12 | Pending | -- | -- | -- | |
| 07/25/2012 07/25/12 | For Sale | $350,000 | -- | $195 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | Accommodation/Courtesy Recordi | |
| Interfamily Deed Transfer | -- | Usa National Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $500,000 | Wfg Nation Title Co Of Ca | |
| Quit Claim Deed | -- | Wfg Nation Title Co Of Ca | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $350,000 | Orange Coast Title Company O |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $455,000 | New Conventional | |
| Previous Owner | $295,000 | New Conventional | |
| Previous Owner | $220,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25270684
APN: 8430-031-007
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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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