NOT LISTED FOR SALE

451 E Badillo St Covina, CA 91723

Estimated Value: $1,262,000 - $1,640,000

6 Beds
5 Baths
3,401 Sq Ft
$420/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $1,220,000 $359 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,955/month

60 Days on Market

Highlights

  • Parking available for a boat
  • No HOA
  • Side by Side Parking
  • South Hills High School Rated A-
  • 5 Car Direct Access Garage
  • Laundry Room

About This Home

As of October 2021

Excellent Triplex investment property with a rear 2-unit addition in 2011 in walking distance to the Covina downtown and Metro Station. Original Craftsman style front house with a tandem garage and its own private driveway all completed in 2011. Main house offers downstairs living, dining, downstairs bedroom with its own bathroom, large kitchen and laundry. Upstairs consists of 2 bedrooms and a bathroom and storage space. The basement offers extra storage space. Rear building completed in 2011 consist of 2-units with high ceiling. The 2 bedroom 1.5 bath unit offers downstairs living, dining, kitchen, powder room and laundry are with a direct access 2-car garage. 2 bedroom and a full bath on the upstairs. The 1 bedroom 1 bath unit features a large bedroom w/balcony, a full bath, living, dining, kitchen and laundry all on the 2nd level. 1-car garage. Plenty of parking space and possible RV parking in the rear. Laminated and tile floor throughout all 3 units. Convenient location close to shops, restaurant, markets and Freeways. Don't miss this great opportunity!!!

Last Agent to Sell the Property

Wen Hung Huang

JC Pacific Corp. License #01921061 Listed on: 04/15/2021

JC Pacific Corp.

Last Buyer's Agent

Share Lin

Wetrust Realty License #02011194

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,236

Year Built

  • Built in 2011 | Remodeled

Lot Details

  • 10,273 Sq Ft Lot
  • 1 Common Wall

Parking

  • 5 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Carport
  • Parking Available
  • Front Facing Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Side by Side Parking
  • Single Garage Door
  • Garage Door Opener
  • Driveway
  • Parking Lot
  • Parking available for a boat
  • RV Access or Parking

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 3,401 Sq Ft Home
  • 2-Story Property
  • Gas Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry in Kitchen

Utilities

  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 8 / 2
  • Assessor Parcel Number 8445006009

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,440
  • Insurance Expense $2,000
  • Trash Expense $1,440
  • Water Sewer Expense $2,000
  • New Taxes Expense $16,690
  • Operating Expense $23,570
  • Gross Income $63,600
  • Net Operating Income $40,030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,236

Year Built

Built in 2011 | Remodeled

Lot Details

0

Parking

5

Listing Details

  • CapRate: 3.26
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 2000.00
  • Zoning: CVR3-RD2000*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 8445006009
  • Year Built: 2011
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 358.72
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Boat, Carport, Direct Garage Access, Driveway, Concrete, Paved, Garage, Garage Faces Front, Garage Faces Rear, Garage Faces Side, Garage - Single Door, Garage Door Opener, Parking Space, Private, RV Access/Parking, RV Potential, Side by Side
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater
  • Laundry Features: In Garage, In Kitchen, Inside
  • Sewer: Public Sewer
  • Trash Expense: 1440.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10273.00
  • Lot Size Acres: 0.2358

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 63600.00
  • Gross Operating Income: 63600.00
  • Gross Scheduled Income: 63600.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 10273.0000 Square Feet
  • Net Operating Income: 40030.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Operating Expense: 23570.00
  • Rent Control: No
  • Total Expenses: 23570.00

Tax Info

  • New Taxes Expense: 16690.00
  • Tax Block: 2
  • Tax Census Tract: 4061.01
  • Tax Lot: 8
  • Tax Tract Number: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2012
Sold by
M & M Portfolio Llc
Bought by
J & W Portfolio Llc
Current Estimated Value
$1,429,407

Purchase Details

Closed on
Oct 19, 2009
Sold by
Scott Richard and The Beverly Sherwood Living Tr
Bought by
M & M Portfolio Llc

Purchase Details

Closed on
Feb 14, 2007
Sold by
Sherwood Beverly J
Bought by
Sherwood Beverly and Scott Richard
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
J & W Portfolio Llc -- None Available
M & M Portfolio Llc $335,000 Fatcola
Sherwood Beverly -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2021 10/01/21 Sold $1,220,000 -0.7% $359 / Sq Ft
08/20/2021 08/20/21 For Sale $1,228,000 +0.7% $361 / Sq Ft
08/19/2021 08/19/21 Off Market $1,220,000 -- --
06/24/2021 06/24/21 For Sale $1,350,000 0.0% $397 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
05/22/2021 05/22/21 Price Changed $1,350,000 0.0% $397 / Sq Ft
05/22/2021 05/22/21 For Sale $1,350,000 -3.6% $397 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
04/22/2021 04/22/21 Price Changed $1,400,000 +3.7% $412 / Sq Ft
04/15/2021 04/15/21 For Sale $1,350,000 -- $397 / 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 $17,236 $1,294,673 $880,802 $413,871
2024 $17,236 $1,269,288 $863,532 $405,756
2023 $16,965 $1,244,400 $846,600 $397,800
2022 $16,693 $1,220,000 $830,000 $390,000
2021 $8,309 $510,569 $359,721 $150,848
2020 $8,197 $505,335 $356,033 $149,302
2019 $8,101 $495,427 $349,052 $146,375
2018 $7,714 $485,713 $342,208 $143,505
2016 $7,025 $466,855 $328,921 $137,934
2015 $6,835 $459,844 $323,981 $135,863
2014 $6,748 $450,837 $317,635 $133,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21072266

California Regional Multiple Listing Service (CRMLS)

APN: 8445-006-009