$1,350,000
SOLD FEB 4, 2026

331 E Puente St Covina, CA 91723

8 Beds
4 Baths
3,719 Sq Ft
9,274 Sq Ft Lot

Recently Sold

$363 Per Sq Ft

4% Above List Price

18 Days on Market

Highlights

  • Mountain View
  • Main Floor Primary Bedroom
  • Bonus Room
  • South Hills High School Rated A-
  • Spanish Architecture
  • End Unit

About This Home

As of February 2026

Welcome to an exceptional 4-unit income property just moments from vibrant Downtown Covina! Perfectly positioned near local shops, dining, and transit, this well-maintained multi-unit gem offers both charm and incredible investment potential. The front Spanish-style home, built in 1925, features 1,044 sq ft of timeless character with laundry room, a private driveway, garage, and fenced yard—making it an ideal option for an owner-occupant or a desirable standalone rental. Tucked behind the main house are three additional units, built in 1964, each offering approximately 892 sq ft, 2 spacious bedrooms, 1 full bathroom. These units provide comfortable living with the convenience today’s renters value. Residents enjoy access to carports plus pre-assigned garage spaces, ensuring ample parking and storage options. With strong rental appeal, classic architectural charm, and a prime location near some of Covina’s best amenities, this property presents an incredible opportunity for investors or multi-generational living. Don’t miss your chance to own a rare, income-producing property with outstanding upside potential! Don't forget about the extra 3 car garage that can potentially turn into another ADU unit!

Last Agent to Sell the Property

Kevin Finley

CENTURY 21 CITRUS REALTY INC Brokerage Phone: 626 343-7706 License #01939269 Listed on: 12/01/2025

CENTURY 21 CITRUS REALTY INC

Last Buyer's Agent

Mark Hernandez

Hern Real Estate & Associates License #01311459

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 9,272 Sq Ft Lot
  • End Unit
  • Two or More Common Walls
  • Wood Fence
  • Barbed Wire
  • Fence is in average condition
  • Front and Side Yard Sprinklers

Parking

  • 4 Car Garage
  • 3 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Spanish Architecture
  • Apartment
  • Entry on the 1st floor
  • Turnkey
  • Flat Roof Shape
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Composition Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 3,719 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Bonus Room
  • Mountain Views
  • Gas Oven
  • Laundry Room

Flooring

  • Laminate
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Separate Outdoor Workshop
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 4
  • Tax Tract Number 8007
  • Assessor Parcel Number 8445016026
  • $1,492 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Gardener Expense $3,120
  • Insurance Expense $6,052
  • Trash Expense $4,017
  • Water Sewer Expense $1,800
  • Operating Expense $15,349
  • Net Operating Income $76,028

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

9,272 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 5.80
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1800.00
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 3120.00
  • Parcel Number: 8445016026
  • Year Built: 1925
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Concrete, Laminate, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 363.00
  • Room Type: Bonus Room, Family Room, Kitchen, Laundry, Living Room, Main Floor Primary Bedroom

Exterior Features

  • Foundation: Raised, Slab
  • Other Structures: Workshop
  • Exterior Features: Rain Gutters
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Average Condition, Barbed Wire, Wood
  • Pool Private: No
  • Roof: Composition, Flat, Shingle
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 4017.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999, Sprinkler System, Sprinklers In Front, Sprinklers On Side, Sprinklers Timer
  • Lot Size Sq Ft: 9272.00
  • Lot Size Acres: 0.2129

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 892 Square Feet
  • Electric Expense: 360.00
  • Gross Scheduled Income: 91377.60
  • Insurance Expense: 6052.00
  • Lot Size Area: 9272.0000 Square Feet
  • Net Operating Income: 76028.30
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 15349.00
  • Rent Control: Yes
  • Total Actual Rent: 7614.80
  • Total Expenses: 15349.00

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 8007
  • TaxOtherAnnualAssessmentAmount: 1492.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2025
Closed on
Jan 20, 2026
Sold by
Lynch Marc E and Lynch Calynn B
Bought by
Kamedulski William Bradley
Seller's Agent
Kevin Finley
CENTURY 21 CITRUS REALTY INC
Buyer's Agent
Mark Hernandez
Hern Real Estate & Associates
List Price
$1,299,900
Sold Price
$1,350,000
Premium/Discount to List
$50,100
3.85%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-38.54%
Original Mortgage
$1,282,500
Outstanding Balance
$1,282,500
Interest Rate
6.18%
Mortgage Type
New Conventional
Estimated Equity
-$9,105

Purchase Details

Closed on
Dec 16, 2024
Sold by
Lynch Marc
Bought by
Marc E Lynch And Calynn B Lynch Family Trust and Lynch

Purchase Details

Listed on
Nov 22, 2023
Closed on
Feb 9, 2024
Sold by
Canter Family Trust
Bought by
Lynch Marc
Seller's Agent
Karen Peterson
MR. REAL ESTATE
Buyer's Agent
Kevin Finley
CENTURY 21 CITRUS REALTY INC
List Price
$1,388,800
Sold Price
$1,210,000
Premium/Discount to List
-$178,800
-12.87%
Views
305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.57%
Original Mortgage
$847,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2018
Sold by
Canter Howard G
Bought by
Canter Howard G and The Canter Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2017
Sold by
Canter Howard G
Bought by
Canter Howard G and The Canter Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2001
Sold by
Mcclellan Stanley Lloyd and Mcclellan Barbara Joyce
Bought by
Canter Howard G and The Canter Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
7.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 19, 1993
Sold by
Mcclellan Stanley L and Mcclellan Barbara Joyce
Bought by
Mcclellan Stanley Lloyd and Mcclellan Barbara Joyce
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $1,350,000 Upward Title Company
Grant Deed -- None Listed On Document
Grant Deed $1,210,000 Fidelity National Title
Interfamily Deed Transfer -- Priority Title Company
Interfamily Deed Transfer -- Priority Title Company
Interfamily Deed Transfer -- Priority Title Company
Interfamily Deed Transfer -- Priority Title Company
Grant Deed $325,000 Southland Title
Individual Deed -- --
Individual Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,282,500 New Conventional
Previous Owner $847,000 New Conventional
Previous Owner $285,000 New Conventional
Previous Owner $175,000 New Conventional
Previous Owner $243,750 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2026 02/04/26 Sold $1,350,000 +3.9% $363 / Sq Ft
12/19/2025 12/19/25 Pending -- -- --
12/01/2025 12/01/25 For Sale $1,299,900 0.0% $350 / Sq Ft
08/15/2024 08/15/24 Rented $2,175 0.0% --
08/05/2024 08/05/24 Price Changed $2,175 -1.1% $1 / Sq Ft
07/08/2024 07/08/24 For Rent $2,200 0.0% --
03/14/2024 03/14/24 Sold $1,210,000 -6.8% $325 / Sq Ft View Prior Sale
02/06/2024 02/06/24 Pending -- -- --
02/05/2024 02/05/24 Price Changed $1,298,800 -6.5% $349 / Sq Ft
11/22/2023 11/22/23 For Sale $1,388,800 -- $373 / 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 $15,529 $1,234,200 $714,000 $520,200
2024 $15,529 $1,210,000 $800,000 $410,000
2023 $6,867 $461,461 $177,482 $283,979
2022 $6,782 $452,413 $174,002 $278,411
2021 $6,674 $443,543 $170,591 $272,952
2020 $6,595 $438,996 $168,842 $270,154
2019 $6,535 $430,389 $165,532 $264,857
2018 $6,214 $421,951 $162,287 $259,664
2017 $6,099 $413,678 $159,105 $254,573
2016 $5,860 $405,568 $155,986 $249,582
2015 $5,699 $399,477 $153,643 $245,834
2014 $5,639 $391,653 $150,634 $241,019
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25267378

California Regional Multiple Listing Service (CRMLS)

APN: 8445-016-026

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