NOT LISTED FOR SALE

367 N Prospero Dr Covina, CA 91723

Covina Area
16 Beds
7 Baths
7,680 Sq Ft
7,615 Sq Ft Lot

Sale Details

Date Sold: October 30, 2015

Last sale price $1,289,000 $168 Per Sq Ft

29 Days on Market

Highlights

  • Laundry Room
  • Carpet
  • Wall Furnace
  • South Hills High School Rated A-

About This Home

As of October 2015

Investors delight! Great 7 unit investment and income producing property. This property features 7,680 square feet of living space. Five units offer 2 bedrooms and two units offer 3 bedrooms. Each of the units is a spacious large square footage home and includes 1 ½ or 2 baths for the residents. Enjoy a private patio with all ground level units or an upstairs balcony with another unit. Wood burning fireplace ambience with two units. Building exterior curb appeal. Separate laundry room in the courtyard area. Carport with storage for each unit. Large units provide optional upside on future rents through interior remodeling. Now is the time and you must get this property while the getting is good!

Last Agent to Sell the Property

Marty Rodriguez

CENTURY 21 MASTERS License #00632854 Listed on: 08/10/2015

CENTURY 21 MASTERS

Last Buyer's Agent

Chay Huang

CHLV GROUP, INC. License #01121265

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 7,615 Sq Ft Lot
  • Two or More Common Walls
  • Sprinkler System

Home Design

  • Property Attached

Interior Spaces

  • 7,680 Sq Ft Home
  • Living Room with Fireplace
  • Carpet
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 7 Bathrooms

Parking

  • 14 Parking Spaces
  • 7 Carport Spaces

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 21003
  • Assessor Parcel Number 8429032005

Community Details

Building Details

  • 8 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $756
  • Gardener Expense $840
  • Insurance Expense $1,572
  • Trash Expense $1,824
  • Water Sewer Expense $2,028

Additional Features

  • 7 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

7,615 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 2028.00
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 8429032005
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 167.84
  • Room Type: Living Room

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 7.00
  • Total Parking Spaces: 14.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 1824.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 7615.00
  • Price Per Lot Square Foot: 169.27
  • Lot Size Acres: 0.1750

Multi Family

  • Electric Expense: 756.00
  • Insurance Expense: 1572.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7615.0000 Square Feet
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Rent Control: No

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 21003

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2016
Sold by
Ac Investments Llc
Bought by

Purchase Details

Listed on
Aug 10, 2015
Closed on
Sep 9, 2015
Sold by
Joseph Burt Dugas
Bought by
Ac Investments Llc
Seller's Agent
Marty Rodriguez
CENTURY 21 MASTERS
Buyer's Agent
Chay Huang
CHLV GROUP, INC.
List Price
$1,395,000
Sold Price
$1,289,000
Premium/Discount to List
-$106,000
-7.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$902,300
Interest Rate
3.8%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Lawyers Title
Ac Investments Llc $1,289,000 Lawyers Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $950,000
Previous Owner Ac Investment Llc $902,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/30/2015 10/30/15 Sold $1,289,000 -7.6% $168 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $1,395,000 -- $182 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $21,391 $1,556,426 $845,228 $711,198
2025 $21,391 $1,525,908 $828,655 $697,253
2024 $20,215 $1,495,989 $812,407 $683,582
2023 $19,941 $1,466,657 $796,478 $670,179
2022 $19,690 $1,437,900 $780,861 $657,039
2021 $19,390 $1,409,706 $765,550 $644,156
2019 $18,979 $1,367,895 $742,845 $625,050
2018 $18,260 $1,341,075 $728,280 $612,795
2016 $17,220 $1,289,000 $700,000 $589,000
2015 $4,733 $212,519 $33,222 $179,297
2014 $4,716 $208,357 $32,572 $175,785
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15176275

California Regional Multiple Listing Service (CRMLS)
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