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222 N Grandview Ave, Covina, CA 91723
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222 N Grandview Ave Covina, CA 91723

$1,225,000
  • 6 Beds
  • 4 Baths
  • 3,373 Sq.Ft.
Pending
$1,225,000 Get Pre-Qualified
Map preview of 222 N Grandview Ave, Covina, CA 91723

Property Overview: 222 N Grandview Ave Covina, CA has 6 bedrooms, 4 bathrooms, 3,373 living square feet and 9,380 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: 222 N. Grandview Ave, a 4-unit multifamily property in Covina, CA. The property features two 2B+1B units, two 1B+1B units, and four onsite parking spaces. The property was built in 1958 and boasts recent upgrades, including refinished flooring in three units, copper plumbing, and new paint inside. Residents enjoy the convenience of having washer and dryer hookups right in their own units. 222 N Grandview Ave is centrally located near the 10, 210, and 57 freeways. The property is located near local elementary, middle, and high schools, as well as Mt. San Antonio College, Citrus College, and Azusa Pacific University. Nearby shopping and entertainment centers are an added bonus to residents, who will enjoy the local AMC Theater, IKEA, Walmart Supercenter, and In-N-Out Burger. Moreover, the Covina Public Library, Covina Police Department, Urgent Care, United States Postal Service, Wells Fargo Bank, and the local Metrolink station are all approximately within a one-mile radius of the property.

Listed by Jagmeet Singh | BRE #01886951 | Keller Williams Realty
Last checked: 6 seconds ago | Last updated: April 26th, 2024 | Source CRMLS | DOM: 12
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Home details

Lot Sq. Ft
9,380
HOA Dues
$0/mo
Year built
1958
Garage
3 Car
Property Type:
Fourplex
Status
Pending
MLS#
AR24073153
City
Covina
County
Los Angeles
Time on Site
20 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $2,150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $88,800
  • Net Operating Income: $58,188
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $27,948
  • Electric: $420
  • Gas/Fuel: $0
  • New Taxes: $14,303
  • Trash: $1,550
  • Insurance: $2,560
  • Water/Sewer: $1,450

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Property Details for 222 N Grandview Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 8429030001
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of Badillo and East of Grandview
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Covina Agent

Sale History for 222 N Grandview Ave

Last sold for $925,000 on July 18th, 2018

  • April, 2024

  • Apr 26, 2024

    Date

    Pending

    CRMLS: AR24073153

    $1,225,000

    Price

  • Apr 12, 2024

    Date

    Active

    CRMLS: AR24073153

    $1,225,000

    Price

  • November, 2019

  • Nov 1, 2019

    Date

    Expired

    CRMLS: AR19101046

    $1,180,000

    Price

  • May 2, 2019

    Date

    Active

    CRMLS: AR19101046

    $1,180,000

    Price

  • Listing provided courtesy of CRMLS

    222 N Grandview Ave is a 4-unit multifamily property in Covina, CA. The property features two 2B+1B units, two 1B+1B units, and four onsite parking spaces. The property was built in 1958 and boasts recent upgrades, including refinished flooring in three units, copper plumbing, and new paint inside. Residents enjoy the convenience of having washer and dryer hookups right in their own units. 222 N Grandview Ave is centrally located near the 10, 210, and 57 freeways. The property is located near local elementary, middle, and high schools, as well as Mt. San Antonio College, Citrus College, and Azusa Pacific University. Nearby shopping and entertainment centers are an added bonus to residents, who will enjoy the local AMC Theater, IKEA, Walmart Supercenter, and In-N-Out Burger. Moreover, the Covina Public Library, Covina Police Department, Urgent Care, United States Postal Service, Wells Fargo Bank, and the local Metrolink station are all approximately within a one-mile radius of the property.

  • July, 2018

  • Jul 18, 2018

    Date

    Sold

    CRMLS: CV18160123

    $925,000

    Price

  • Jul 9, 2018

    Date

    Active Under Contract

    CRMLS: CV18160123

    $950,000

    Price

  • Jul 5, 2018

    Date

    Active

    CRMLS: CV18160123

    $950,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present the opportunity to acquire a 4-unit multi-family investment in Covina, California. Walking distance to downtown Covina and Eastland Center. 1.5 miles from Metro Covina Station. Very easy to access Interstate 10. 210 and 57 Freeways. The subject property features a 1 car garage, 3 carports and a spacious driveway for additional parking. The gas and electrical utilities are paid by the tenant. Currently, the units have 100% occupancy and are in well-maintained condition. All of the units have wall air conditioners in each bedroom and the living room areas. Each unit also has washer and dryer hookups, this is a very unique feature. Three of the units have beautiful hardwood flooring that has been recently refinished. Other upgrades include copper plumbing, a granite counter top, textured walls, fresh paint ...etc. No HOA, No rent control. The Complex is located in a highly desirable location within the South Hills Schools area. This is a great opportunity for investors, the current rental rates are at below market levels, thus providing a new investor with a position to substantially increase the overall gross income of the subject property. Buyer’s agent and Buyer to verify all MLS/City/County Info.

  • July, 2018

  • Jul 18, 2018

    Date

    Sold (Public Records)

    Public Records

    $925,000

    Price

  • October, 2006

  • Oct 20, 2006

    Date

    Sold (Public Records)

    Public Records

    $775,000

    Price

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Tax History for 222 N Grandview Ave

Assessed Value (2020): $943,500
Year Land Value Improved Value Assessed Value
2020 $637,500 $306,000 $943,500

Home Value Compared to the Market

This property vs the competition

222 N Grandview Ave is listed 63.33% higher than the median list price for the city of Covina which has a median list price of $750,000. The median price per/sqft for Covina is $480 and this home is listed at $363.18 per/sqft which puts the price per square foot 24.34% lower than the median price per square foot for the city of Covina.

About 222 N Grandview Ave

Detailed summary of property

222 N Grandview Ave is a fourplex located in Covina, CA 91723 and is currently in escrow to be sold. This fourplex offers 6 bedrooms, 4 bathrooms, roughly 3,373 living square feet, and sits on an approximately 9,380 square foot lot. 222 N Grandview Ave was first listed on ArdentRealEstateGroup.com on April 12, 2024. The homeowner is currently asking $1,225,000. The median priced home in Covina is $750,000 with a median price per square foot of $480. Based on Ardent Real Estate Group's Covina Market Data, this home is listed 63.33% higher than the median priced home. Local competing homes currently for sale include 6728 Friends Ave, 6728 Friends Ave and 607 N Harbor Blvd. While the average home in Covina, CA is selling in 56 days, 222 N Grandview Ave has a days on market of 12 days. There are currently 100 homes for sale in the Covina real estate market and 70 of them are single family homes while 20 of them are condos and 10 are townhomes. For more information on this home for sale at 222 N Grandview Ave Covina, CA 91723 contact Ardent Real Estate Group and we will put you in touch with one of our Covina agents.

Public Facts for 222 N Grandview Ave

Public county record property details
Beds
6
Baths
4
Year built
1958
Sq. Ft.
3,373
Lot Size
9,377
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
8429-030-001

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
$694,685
Median List Price/Sq.Ft.
$451
Median Sold Price
$781,000
Median Sold Price/Sq.Ft.
$442
Total Inventory
23
Median Sale to List Price %
101.69%
Avg Days on Market
8
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (33.33%), Other (16.67%)

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Recently Sold Homes Near 222 N Grandview Ave

215 N Grandview Ave, Covina, CA 91723
$1,135,000 Last Sold Price
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143 N Grandview Ave, Covina, CA 91723
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$1,250,000 Last Sold Price
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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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