NOT LISTED FOR SALE

354 E College St Covina, CA 91723

Estimated Value: $1,361,000 - $1,726,000

7 Beds
6 Baths
4,730 Sq Ft
$317/Sq Ft Est. Value

Last Sold January 11, 2021

Last sale price $1,130,000 $239 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $9,118/month

262 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • 1-Story Property
  • South Hills High School Rated A-
  • Central Heating and Cooling System

About This Home

As of January 2021

INVESTORS COME TAKE A LOOK! Beautifully maintained property in the heart of Covina, CA. Conveniently located near schools, shopping centers, parks and freeways. Property has 3 units total. All units have separate meters and long drive way for easy access. Current tenants are on a month to month agreement.

Last Agent to Sell the Property

Ricardo Carrillo

Quality Real Estate Corp. License #01476100 Listed on: 02/18/2020

Last Buyer's Agent

King Lee

Dynasty Realty License #02009978

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,345

Year Built

  • Built in 1924

Lot Details

  • 9,964 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 6 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,730 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Property is near public transit
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 8350
  • Assessor Parcel Number 8445007022

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Trash Expense $1,200
  • Water Sewer Expense $1,440
  • New Taxes Expense $9,623
  • Operating Expense $12,263

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,345

Year Built

Built in 1924

Lot Details

0

Parking

6

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1440.00
  • Zoning: CVR3-RD3000*
  • Property Type: Residential Income
  • Parcel Number: 8445007022
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 238.90

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Near Public Transit
  • Lot Size Sq Ft: 9964.00
  • Lot Size Acres: 0.2287

Multi Family

  • Lot Size Area: 9964.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 12263.00
  • Rent Control: Yes
  • Total Expenses: 12263.00

Tax Info

  • New Taxes Expense: 9623.00
  • Tax Census Tract: 4061.01
  • Tax Lot: 20
  • Tax Tract Number: 8350

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2022
Sold by
Yong Canabel O
Bought by
Covina College Street Llc
Current Estimated Value
$1,497,636

Purchase Details

Closed on
Nov 5, 2010
Sold by
Rubio Jesse and Rubio Jesus
Bought by
Jimenez Teresa Rubio and The Jesse Rubio Living Trust

Purchase Details

Closed on
Oct 14, 1999
Sold by
Jimenez Reyes
Bought by
Jimenez Teresa
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Covina College Street Llc -- --
Jimenez Teresa Rubio -- None Available
Rubio Jesse -- None Available
Jimenez Teresa -- --
Jimenez Teresa -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2021 01/11/21 Sold $1,130,000 -9.6% $239 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $1,250,000 -- $264 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $15,345 $1,223,146 $757,701 $465,445
2024 $15,345 $1,199,164 $742,845 $456,319
2023 $15,019 $1,175,652 $728,280 $447,372
2022 $14,824 $1,152,600 $714,000 $438,600
2021 $9,891 $730,841 $146,154 $584,687
2020 $9,762 $723,348 $144,656 $578,692
2019 $9,673 $709,166 $141,820 $567,346
2018 $9,239 $695,262 $139,040 $556,222
2016 $8,720 $668,266 $133,642 $534,624
2015 $8,474 $658,229 $131,635 $526,594
2014 $8,362 $645,336 $129,057 $516,279
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV20033774

California Regional Multiple Listing Service (CRMLS)

APN: 8445-007-022