NOT LISTED FOR SALE

510 S Stewart Dr Covina, CA 91723

10 Beds
7 Baths
5,700 Sq Ft
0.36 Acres

Last Sold July 23, 2014

Last sale price $1,220,000 $214 Per Sq Ft

2,005 Days on Market

Highlights

  • Filtered Pool
  • 0.36 Acre Lot
  • 9 Detached Carport Spaces
  • South Hills High School Rated A-
  • Cottage
  • Landscaped

About This Home

As of July 2014

Beautiful well kept single story garden style apartments on large lot in great Covina area. Large units with desirable floor plans. Swimming pool and a separate laundry room that creates extra income. One large owners unit with C/A. Some of the units have a backyard entrance facing the swimming pool. Low rents for the area. Some long term tenants. Owner has spent $$$ this year remodeling and upgrading including some new kitchens, granite, tile, carpet, paint and a newer washer & dryer in laundry room.

Last Agent to Sell the Property

Todd Chiriano

American Federal Properties License #00699127 Listed on: 02/10/2014

Last Buyer's Agent

David Lin

MARCUS & MILLICHAP License #01894476

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 0.36 Acre Lot
  • Landscaped
  • Sprinkler System

Parking

  • 9 Car Garage
  • 9 Detached Carport Spaces
  • Parking Available

Home Design

  • 5,700 Sq Ft Home
  • Cottage
  • Frame Construction
  • Composition Roof
  • Stucco

Kitchen

  • Disposal

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Bathrooms

Pool

  • Filtered Pool
  • In Ground Pool
  • Gunite Pool

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 26
  • Tax Tract Number 17368
  • Assessor Parcel Number 8445025050

Community Details

Overview

  • 2 Buildings
  • 7 Units

Recreation

  • Community Pool

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,400
  • Gardener Expense $1,020
  • Insurance Expense $1,600
  • Other Expense $504
  • Pool Expense $1,280
  • Trash Expense $1,800
  • Water Sewer Expense $2,400
  • New Taxes Expense $16,000
  • Gross Income $7,600
  • Net Operating Income $64,896

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

9

Listing Details

  • Assessments: Yes
  • CapRate: 5.00
  • Subdivision Name Other: OTHR
  • Water Sewer Expenses: 2400.00
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Gardener Expense: 1020.00
  • Parcel Number: 8445025050
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 214.04

Exterior Features

  • Pool Expense: 1280.00
  • Pool Features: Community, Filtered, Gunite, In Ground
  • Pool Private: Yes
  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Carport Spaces: 9.00
  • Garage Spaces: 9.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 9.00

Utilities

  • Appliances: Disposal
  • Trash Expense: 1800.00

Condo/Co-op/Association

  • Amenities: Pool
  • Senior Community: No

Lot Info

  • Lot Features: Landscaped, Sprinkler System
  • Lot Size Sq Ft: 15817.00
  • Lot Size Acres: 0.3600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1400.00
  • Gross Income: 7600.00
  • Gross Scheduled Income: 91200.00
  • Insurance Expense: 1600.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 15817.0000 Square Feet
  • Net Operating Income: 64896.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Number With Carpet: 7
  • Number With Disposal: 7
  • Number With Range: 7
  • Operating Expense: 26304.00
  • Other Expense: 504.00
  • Other Expense Description: Pest con
  • Rent Control: No
  • Total Actual Rent: 88800.00

Tax Info

  • New Taxes Expense: 16000.00
  • Tax Lot: 26
  • Tax Tract Number: 17368

Range of Values:

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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 Change Sq Ft Price
07/23/2014 07/23/14 Sold $1,220,000 -5.8% $214 / Sq Ft
05/20/2014 05/20/14 Pending -- -- --
11/22/2008 11/22/08 For Sale $1,295,000 -- $227 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Todd Chiriano

    Seller's Agent in 2014

    Todd Chiriano

    American Federal Properties

    (909) 732-9994

    5 Total Sales

    Todd Chiriano
    Section Image

  • D

    Buyer's Agent in 2014

    David Lin

    MARCUS & MILLICHAP

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: H08164853

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

510 S Stewart Dr, Covina, CA

This home is located at 510 S Stewart Dr, Covina, CA 91723 since 10 February 2014. This property was built in 1959. 510 S Stewart Dr is a home located in Los Angeles County with nearby schools including Barranca Elementary School, South Hills High School, and Christ Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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