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160 E Center St #C, Covina, CA 91723
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160 E Center St #C Covina, CA 91723

$1,770,000 Sold Price as of 06/13/2019
  • 12 Beds
  • 7 Baths
  • 5,635 Sq.Ft.
Sold
$1,770,000 Sold Price as of 06/13/2019 Refinance Your Mortgage
Map preview of 160 E Center St #C, Covina, CA 91723

Property Overview: 160 E Center St #C Covina, CA has 12 bedrooms, 7 bathrooms, 5,635 living square feet and 10,488 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present 7 Premium Units in Highly Desirable Covina, Near Citrus Avenue and within walking distance to Covina Metrolink, Covina High School, numerous shops, restaurants and nightlife at Downtown Covina. First Time Property is Being Offered For Sale in Nearly 15 Years! An Excellent Unit Mix of TWO (2 Bed + 1.5 Bath), THREE ( 2 Bed + 1 Bath) & TWO (1 Bed + 1 Bath) Units. Some features about this Investment Opportunity include On-Site Laundry Room with Owner-Owned Machines, Separately metered for Gas & Electricity, Separate Water Heaters for Each Unit, Secured Entrance with Covered Parking, Non-Rent Control Location with Realistic Rental Upside Potential of about +/- 20%. A prime addition to any investment portfolio.

Listed by Shant Sherbetdjian | BRE #01713570 | Remax Commercial and Investmen
Co-listed by Tigran Grigoryan | BRE #01949804 | Remax Commercial and Investmen
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
10,488
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19458678
City
Covina
County
Los Angeles
Time on Site
1520 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,275
  • Total Rent: $1,275
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,065
  • Total Rent: $1,065
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.59
  • Gross Scheduled Income: --
  • Net Operating Income: $73,908
  • Gross Operating Income: $109,808
  • Improvements Total: $804,699
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $730
  • Gas/Fuel: $575
  • Trash: $1,915
  • Insurance: $1,972
  • Maintenance: $4,392
  • Water/Sewer: $1,625

Property Details for 160 E Center St #C

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks
Laundry Information
  • Has Laundry
  • See Remarks
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Covered
Property Information
  • Total # of Units: 7
  • Parcel Number: 8445019023
Location / Neighborhood
Location Information
  • Directions: The Property is situated near Downtown Covina. Located North of the 10 Freeway and to the Right of South Azusa Avenue. Between South Citrus Avenue and South 2nd Avenue. Nearest Major Cross Street of East Puente Street and South Barranca Avenue.
View more facts & features

Local Covina Agent

Sale History for 160 E Center St #C

Last sold on September 4th, 2019

  • August, 2020

  • Aug 18, 2020

    Date

    Expired

    CRMLS: WS20161368

    $1,650

    Price

  • Aug 10, 2020

    Date

    Active

    CRMLS: WS20161368

    $1,650

    Price

  • Listing provided courtesy of CRMLS

    New paint and laminated Floor Very clean and quiet building. Washer/Dryer on site Landlord pays for trash, hot and cold water Super convenient location, walking distance to school.

  • September, 2019

  • Sep 4, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2019

  • Jun 17, 2019

    Date

    Sold

    CRMLS: 19458678

    $1,770,000

    Price

  • May 10, 2019

    Date

    Pending

    CRMLS: 19458678

    $1,850,000

    Price

  • May 1, 2019

    Date

    Active Under Contract

    CRMLS: 19458678

    $1,850,000

    Price

  • Apr 25, 2019

    Date

    Active

    CRMLS: 19458678

    $1,850,000

    Price

  • June, 2019

  • Jun 13, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,770,000

    Price

Show More

Tax History for 160 E Center St #C

Assessed Value (2020): $1,805,400
Year Land Value Improved Value Assessed Value
2020 $785,400 $1,020,000 $1,805,400

Home Value Compared to the Market

This property vs the competition

160 E Center St #C sold on June 13, 2019 for 136.18% higher than the current median sold price for the city of Covina which is $783,315. The median sold price per/sqft for Covina is $502 and this home is sold at $328.31 per/sqft which puts the price per square foot 34.6% lower than the current median sale per square foot for the city of Covina.

About 160 E Center St #C

Detailed summary of property

160 E Center St #C is a multi family that recently sold in Covina, CA 91723. This multi family property offered 12 bedrooms, 7 bathrooms, roughly 5,635 living square feet, and sits on an approximately 10,488 square foot lot. 160 E Center St #C was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,770,000. Home in Covina are selling for a median price of $783,315 and a median price per square foot of $502. Based on Ardent Real Estate Group's Covina Market Data, this home is sold 136.18% higher than the current median priced home. Local homes that are currently for sale include 2140 Associated Rd, 12429 Lambert Rd and 1600 N Placentia Ave. While the average home in Covina, CA is selling in 52 days, 160 E Center St #C has a days on market of 7 days. There are currently 104 homes for sale in the Covina real estate market and 75 of them are single family homes while 19 of them are condos and 10 are townhomes. For more information on this home for sale at 160 E Center St #C Covina, CA 91723 contact Ardent Real Estate Group and we will put you in touch with one of our Covina agents.

Public Facts for 160 E Center St #C

Public county record property details
Beds
12
Baths
9
Year built
1964
Sq. Ft.
5,635
Lot Size
10,488
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
8445-019-023

The source for these homes facts are from public records.

91723 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$725,000
Median List Price/Sq.Ft.
$505
Median Sold Price
$770,000
Median Sold Price/Sq.Ft.
$490
Total Inventory
20
Median Sale to List Price %
100%
Avg Days on Market
34
Loan Type
Conventional (57.14%), FHA (14.29%), VA (0%), Cash (14.29%), Other (14.29%)

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Homes for Sale Near 160 E Center St #C

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Recently Sold Homes Near 160 E Center St #C

219 E Puente St St, Covina, CA 91723
$1,690,000 Last Sold Price
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6 Baths
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219 E Puente St St
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126 W Center St, Covina, CA 91723
$660,000 Last Sold Price
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126 W Center St
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245-1 E Puente St, Covina, CA 91723
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220 E Puente St, Covina, CA 91723
$572,000 Last Sold Price
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2 Baths
1905 Sq.Ft.
220 E Puente St
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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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