NOT LISTED FOR SALE

211 E Center St Covina, CA 91723

Covina Area
6 Beds
6 Baths
4,152 Sq Ft
10,504 Sq Ft Lot

Sale Details

Date Sold: March 24, 2022

Last sale price $1,590,000 $383 Per Sq Ft

5 Days on Market

About This Home

As of March 2022

6 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

Brian Vosberg

VOSBERG & ASSOCIATES License #01398088 Listed on: 02/28/2022

Last Buyer's Agent

Justin McCardle

Growth Investment Group Pasade License #01895720

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 in unit

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

10,504 Sq Ft Lot

Parking

6

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1780.00
  • Zoning: CVR3-RD1250*
  • Property Type: Residential Income
  • Parcel Number: 8445011020
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 382.95

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 6.00
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1650.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10504.00
  • Lot Size Acres: 0.2411

Multi Family

  • Electric Expense: 650.00
  • Gross Income: 91500.00
  • Gross Scheduled Income: 91500.00
  • Insurance Expense: 2942.00
  • Laundry Income: 1500.00
  • Lot Size Area: 10504.0000 Square Feet
  • Net Operating Income: 62804.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 28696.00
  • Rent Control: Yes
  • Total Expenses: 28696.00

Tax Info

  • New Taxes Expense: 21504.00
  • Tax Block: 9
  • Tax Census Tract: 4061.02
  • Tax Lot: 12

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
Apr 7, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
0.0665%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Feb 28, 2022
Closed on
Mar 22, 2022
Sold by
Bought by
Seller's Agent
Brian Vosberg
VOSBERG & ASSOCIATES
Buyer's Agent
Justin McCardle
Growth Investment Group Pasade
List Price
$1,650,000
Sold Price
$1,590,000
Premium/Discount to List
-$60,000
-3.64%

Purchase Details

Closed on
Apr 5, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
0.0347%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 7, 2007
Sold by
Bought by

Purchase Details

Closed on
Jan 26, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
0.0567%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 19, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
0.0567%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 4, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
0.0786%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 3, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$1,600,000 Orange Coast Title Company
$1,590,000 Fidelity National Title
-- Chicago Title Company
-- None Available
$830,000 Commonwealth Title
-- Commonwealth Title
$280,000 First American
$260,000 First American Title Co
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 $700,000
Closed $700,000
Previous Owner --
Previous Owner $500,000
Previous Owner $530,000
Previous Owner $450,000
Previous Owner $75,000
Previous Owner $560,000
Previous Owner $210,000
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
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

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
2025 $22,632 $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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22039178

California Regional Multiple Listing Service (CRMLS)
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