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1553 Dennis Pl, West Covina, CA 91790
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1553 Dennis Pl West Covina, CA 91790

$1,850,000
  • 7 Beds
  • 5.5 Baths
  • 3,580 Sq.Ft.
For Sale
$1,850,000 Get Pre-Qualified
Map preview of 1553 Dennis Pl, West Covina, CA 91790

Property Overview: 1553 Dennis Pl West Covina, CA has 7 bedrooms, 5.5 bathrooms, 3,580 living square feet and 11,016 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Just lisited this Amazing triplex in the heart of West Covina, near the West Covina mall, 10fwy, 605 fwy, restaurants and hospitals not to mention the now world famous Porto's Bakery. Come and see this exclusive triplex designed with a 3 bedrooms 2.5 baths and 2 units with 2 beds and 1.5 baths each. Property was recently painted and put new stucco. The property presents a great opportunity to build 2 more ADUS based on the size of the lot and the structure of this property. The middle unit 2 beds 1.5 bath is currently vacant, therefore it would be great for any owner/investor that would like to live on the premises. The complex was just recently fumigated to give peace and security to the new owners and tenants. There is plenty of parking in the carports provided. This complex is gated and sits on a very quiet cul-de-sac. All 3 units have central air and heating for the comfort of you and your tenants. Come and see it, enjoy where you live!

Listed by Jesus Barron | BRE #01992646 | Century 21 Allstars
Last checked: 3 minutes ago | Last updated: April 25th, 2024 | Source CRMLS | DOM: 14
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Home details

Lot Sq. Ft
11,016
HOA Dues
$0/mo
Year built
1979
Garage
--
Property Type:
Triplex
Status
Active
MLS#
DW24081796
City
West Covina
County
Los Angeles
Time on Site
17 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,250
  • Total Rent: $3,250
  • Pro Forma/Market Rent: $3,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $102,600
  • Net Operating Income: $73,895
  • Gross Operating Income: $102,600
  • Other Income 1: $3,000
Annual Expense Breakdown
  • Total Operating Expense: $31,705
  • Electric: $540
  • New Taxes: $23,125
  • Trash: $3,600
  • Gardener: $1,200
  • Insurance: $1,800
  • Water/Sewer: $1,440

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Property Details for 1553 Dennis Pl

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Closet
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Security Features: Gated Community, Smoke Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Assigned, Carport
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 8458024028
  • Year Built Source: Public Records
  • Architectural Style: Bungalow
  • Entry Level: 1
  • Property is Attached
  • Property Condition: Termite Clearance, Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Roberto Ave make a left then Dennis a left again
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local West Covina Agent

Sale History for 1553 Dennis Pl

Last sold for $925,000 on May 31st, 2018

  • April, 2024

  • Apr 24, 2024

    Date

    Active

    CRMLS: DW24081796

    $1,850,000

    Price

  • September, 2022

  • Sep 23, 2022

    Date

    Expired

    CRMLS: DW22024001

    $1,485,000

    Price

  • Feb 15, 2022

    Date

    Active

    CRMLS: DW22024001

    $1,485,000

    Price

  • Listing provided courtesy of CRMLS

    Attention investors!! Welcome to this amazing triplex, located on the heart of the beautiful City of West Covina. Across from the West Covina Mall and the world famous Porto's Bakery. The West Covina City Center and the West Covina Police Dpt. 2 Minutes to 10 Fwy, 10 minutes to 605 fwy, 30 minutes to Downtown LA and 15 minutes from Cal Poly Pomona. This beautiful property consists of 2 spacious 2 bedrooms and 1.5 bathroom each and an big and open 3 bedrooms 2.5 bathrooms. All units have their own laundry room inside. Each unit has nice laminate flooring (middle unit was recently updated to new quartz kitchen). All units have central air and central heating. There is plenty of parking in the carports or you can also park oh the side or the street. This Property is a Add on value property, rents could be easily put up to market value and make a better NOI. This property is sitting on huge lot (almost 11,000 sq feet) . The Zoning is R3 20 you could add 2 more units or 2 more deattached ADU's of of up to 1200 squ feet each.(please do your own diligence with the city). The property was just painted and put new stucco. Take advantage of this opportunity!!

  • March, 2021

  • Mar 8, 2021

    Date

    Canceled

    CRMLS: DW20241727

    $1,450,000

    Price

  • Mar 8, 2021

    Date

    Withdrawn

    CRMLS: DW20241727

    $1,450,000

    Price

  • Nov 28, 2020

    Date

    Active

    CRMLS: DW20241727

    $1,450,000

    Price

  • Listing provided courtesy of CRMLS

    Beautiful and Spacious triplex in the heart of West Covina, just blocks from the West Covina Mall and the 10 Freeway. This great property offers: A Spacious 1) 3 bedrooms 2 baths 1545 square feet. 2) 2 beds and 1.5 bathrooms of 1020 sq feet each. All units are equipped with central air and heating, laundry hook ups and 2 parking spaces each. Zoning MF-20. This property is ready and capable of more units to be built (check City for permits) on this ample lot of almost 11,00 square feet. There is room for rent improvement in all 3 units. It's close to schools, offices and dialysis clinics. You will never have to worry for vacancies here. This sale will be a 1031 Exchange at no cost to the buyers.

  • May, 2018

  • May 31, 2018

    Date

    Sold

    CRMLS: WS17198549

    $925,000

    Price

  • Mar 24, 2018

    Date

    Pending

    CRMLS: WS17198549

    $1,089,000

    Price

  • Sep 29, 2017

    Date

    Price Change

    CRMLS: WS17198549

    $1,089,000

    Price

  • Aug 27, 2017

    Date

    Active

    CRMLS: WS17198549

    $1,189,000

    Price

  • Listing provided courtesy of CRMLS

    3 UNITS TWO STORY TOWNHOUSES. ONE UNIT IS 3 BDRM AND THE OTHER TWO UNITS ARE 2 BDROM. FIRST AND LAST UNIT WERE UPGRADED. LARGE BACKYARD WITH AMPLE PARKIGN SPACE AND PLAY AREA. LOCATION AT THE HEART OF WEST COVINA. CLOSE TO MALL AND VERY NICE NEIGHBORHOOD. THIS IS A MUST SEE. GREAT OPPORTUNTIY TO LIVE IN ONE AND RENT OUT THE OTHER TWO UNITS. POTENTIAL CAP RATE IS AROUND 3% TO 5%.

  • May, 2018

  • May 31, 2018

    Date

    Sold (Public Records)

    Public Records

    $925,000

    Price

  • September, 2013

  • Sep 30, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1553 Dennis Pl

Assessed Value (2020): $962,370
Year Land Value Improved Value Assessed Value
2020 $676,260 $286,110 $962,370

Home Value Compared to the Market

This property vs the competition

1553 Dennis Pl is listed 112.89% higher than the median list price for the city of West Covina which has a median list price of $869,000. The median price per/sqft for West Covina is $532 and this home is listed at $516.76 per/sqft which puts the price per square foot 2.86% lower than the median price per square foot for the city of West Covina.

About 1553 Dennis Pl

Detailed summary of property

1553 Dennis Pl is a triplex located in West Covina, CA 91790 and is currently for sale. This triplex offers 7 bedrooms, 5.5 bathrooms, roughly 3,580 living square feet, and sits on an approximately 11,016 square foot lot. 1553 Dennis Pl was first listed on ArdentRealEstateGroup.com on April 24, 2024. The homeowner is currently asking $1,850,000. The median priced home in West Covina is $869,000 with a median price per square foot of $532. Based on Ardent Real Estate Group's West Covina Market Data, this home is listed 112.89% higher than the median priced home. Local competing homes currently for sale include 13624 Franklin St, 6340 Pierce Ave and 7718 Bright Ave. While the average home in West Covina, CA is selling in 56 days, 1553 Dennis Pl has a days on market of 14 days. There are currently 98 homes for sale in the West Covina real estate market and 79 of them are single family homes while 12 of them are condos and 7 are townhomes. For more information on this home for sale at 1553 Dennis Pl West Covina, CA 91790 contact Ardent Real Estate Group and we will put you in touch with one of our West Covina agents.

Public Facts for 1553 Dennis Pl

Public county record property details
Beds
7
Baths
7
Year built
1979
Sq. Ft.
3,580
Lot Size
10,896
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
8458-024-028

The source for these homes facts are from public records.

91790 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$839,000
Median List Price/Sq.Ft.
$537
Median Sold Price
$850,000
Median Sold Price/Sq.Ft.
$529
Total Inventory
30
Median Sale to List Price %
101.2%
Avg Days on Market
18
Loan Type
Conventional (26.32%), FHA (15.79%), VA (0%), Cash (31.58%), Other (21.05%)

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Recently Sold Homes Near 1553 Dennis Pl

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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