NOT LISTED FOR SALE

326 E Orlando Way Covina, CA 91723

16 Beds
10 Baths
7,776 Sq Ft
0.37 Acres

Last Sold June 27, 2016

Last sale price $1,838,000 $236 Per Sq Ft

51 Days on Market

Highlights

  • 0.37 Acre Lot
  • Lawn
  • Level Lot
  • South Hills High School Rated A-
  • No HOA

About This Home

As of June 2016

Lovely 10 unit apartment complex. Gated, green belt area in center of complex. All units have a single car garage. Nice area close to schools in good school district.Four 1 bedroom units and 6 2 bedroom units. Laundry room as well. Fully occupied at this time. Close to shopping and restaurants. Rents are under market rate.

Last Agent to Sell the Property

Steve McIntosh

MC INTOSH REALTY License #00443474 Listed on: 04/04/2016

Last Buyer's Agent

KEVIN LAI

AMCA I License #01850347

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 0.37 Acre Lot
  • Two or More Common Walls
  • Level Lot
  • Sprinkler System
  • Lawn

Parking

  • 11 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 7,776 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 10 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 21655
  • Assessor Parcel Number 8445030020

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 10 Units

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $985
  • Insurance Expense $2,500
  • Professional Management Expense $6,000
  • Trash Expense $3,600
  • Water Sewer Expense $3,600
  • New Taxes Expense $22,800
  • Gross Income $9,600
  • Net Operating Income $68,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

11

Listing Details

  • Professional Management Expense: 6000.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3600.00
  • Property Type: Residential Income
  • Parcel Number: 8445030020
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 236.37

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 11.00
  • Total Parking Spaces: 21.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 3600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Level, Lawn, Lot 10000-19999 Sqft, Sprinkler System
  • Lot Size Sq Ft: 15913.00
  • Price Per Lot Square Foot: 115.50
  • Lot Size Acres: 0.3650

Multi Family

  • Electric Expense: 985.00
  • Gross Income: 9600.00
  • Gross Scheduled Income: 116000.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 15913.0000 Square Feet
  • Net Operating Income: 68000.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 48000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 22800.00
  • Tax Lot: 14
  • Tax Tract Number: 21655

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2016 06/27/16 Sold $1,838,000 -4.7% $236 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $1,928,000 -- $248 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Steve McIntosh

    MC INTOSH REALTY

    (626) 966-7456

    4 in this area

    12 Total Sales

    Steve McIntosh
    Section Image

  • K

    Buyer's Agent in 2016

    KEVIN LAI

    AMCA I

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16054253

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Covina 91723

326 E Orlando Way, Covina, CA

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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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