B
Seller's Agent in 2022
Brian Vosberg
VOSBERG & ASSOCIATES
(626) 358-5458
2 in this area
6 Total Sales
6
Beds
6
Baths
4,152
Sq Ft
10,504
Sq Ft Lot
Highlights
- Corner Lot
- South Hills High School Rated A-
- Laundry Room
About This Home
As of March 20226 unit property located in the heart of Covina. All units are single-story 1 bedroom/1 bath. There are 6 single car garages and 2 enclosed carports on the property. The property is within walking distance (1 block) to downtown Covina which offers shopping and dining and has a Walk Score of 79. Conveniently located within walking distance to the Metrolink Station and near the 210, 10, and 57 freeways. Each unit is separately metered for gas and electricity. The property has a central laundry facility that provides additional monthly income. There is a potential for an ADU conversion of 2 of the garages in the rear. This is a great investment for a first-time investor or a seasoned investor looking to add a prime location to their portfolio.
Last Agent to Sell the Property
VOSBERG & ASSOCIATES License #01398088 Listed on: 02/28/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 10,504 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
Parking
- 1 Open Parking Space
- 6 Car Garage
- 2 Carport Spaces
Home Design
- 4,152 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
Listing and Financial Details
- Legal Lot and Block 12 / 9
- Assessor Parcel Number 8445011020
Community Details
Overview
- 3 Buildings
- 6 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $650
- Insurance Expense $2,942
- Trash Expense $1,650
- Water Sewer Expense $1,780
- New Taxes Expense $21,504
- Operating Expense $28,696
- Gross Income $91,500
- Net Operating Income $62,804
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/24/2022 03/24/22 | Sold | $1,590,000 | -3.6% | $383 / Sq Ft |
| 03/05/2022 03/05/22 | Pending | -- | -- | -- |
| 02/28/2022 02/28/22 | For Sale | $1,650,000 | -- | $397 / 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 | $21,647 | $1,687,319 | $1,167,328 | $519,991 |
| 2024 | $21,647 | $1,654,236 | $1,144,440 | $509,796 |
| 2023 | $21,347 | $1,621,800 | $1,122,000 | $499,800 |
| 2022 | $15,219 | $1,090,207 | $656,753 | $433,454 |
| 2021 | $15,003 | $1,068,831 | $643,876 | $424,955 |
| 2019 | $14,683 | $1,037,480 | $624,779 | $412,701 |
| 2018 | $14,039 | $1,017,145 | $612,529 | $404,616 |
| 2016 | $13,256 | $977,314 | $588,745 | $388,569 |
| 2015 | $12,888 | $962,635 | $579,902 | $382,733 |
| 2014 | $12,727 | $943,779 | $568,543 | $375,236 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Vosberg
-
Justin McCardle
Buyer's Agent in 2022
Justin McCardle
Growth Investment Group Pasade
(626) 594-4650
2 in this area
27 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV22039178
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.
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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