226 S Pima Ave West Covina, CA 91790

$3,575,000 Sold Price as of 02/08/2019

11 Beds
7 Baths
5,696 Sq.Ft.

Off Market

$3,575,000 Sold Price as of 02/08/2019 Refinance Your Mortgage

Map preview of 226 S Pima Ave, West Covina, CA 91790

Property Overview: 226 S Pima Ave West Covina, CA has 11 bedrooms, 7 bathrooms, 5,696 living square feet and 7,413 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

226 S Pima Ave is currently an off market home in the city of West Covina. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of West Covina has a median list price of $850,000. The median price per/sqft for West Covina is $505. With those numbers in mind, if you are looking to purchase a median priced home in West Covina, CA and put 20% down you will need to save up $170,000 for the down payment and will need roughly $17,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in West Covina the commission could be as much as $40,285. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 226 S Pima Ave

Last sold for $3,575,000 on February 8th, 2019

September, 2019
Sep 20, 2019

Date

Canceled

CRMLS: DW19213893

$1,691

Price
Sep 6, 2019

Date

Active

CRMLS: DW19213893

$1,691

Price
Listing provided courtesy of CRMLS

fully remodeled , 2 bedroom 1 bath , downstairs unit one common wall off the 10 Fwy exit Vicente walking distance to west Covina mall and shopping center , Movie theaters , bus station , West Covina school district

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April, 2019
Apr 1, 2019

Date

Expired

CRMLS: AR18263481

$3,900,000

Price
Jan 8, 2019

Date

Withdrawn

CRMLS: AR18263481

$3,900,000

Price
Oct 31, 2018

Date

Active

CRMLS: AR18263481

$3,900,000

Price
Listing provided courtesy of CRMLS

Pima Apartments is a 14-units (two x 7-unit) non-rent-controlled apartment investment opportunity located in the City of West Covina, CA. The property is superbly located one block south of Glendora Ave where many national and well-known retailers are concentrated. The property is in a residential area of West Covina with many amenities just within walking distance. Pima Apartments is a unique investment opportunity due to its high-quality location and significant rental upside potential. The property consists of two twin buildings with center courtyard and detached garage parking in the back. Each building is a two-story garden style apartment that was built in 1959. It has a total of ±11,392 SF building size and situated on ±14,804 SF lot size (#226: ±7,413 SF lot, #234: ±7,391 SF lot). It offers a very attractive unit mix with eight (8) 2bed+1bath, and six (6) 1bed+1bath. The property has undergone major capital improvements during the seller’s ownership. Some of the upgrades are new landscaping with new sprinkler system and plants/trees, renovated stairs and 2nd floor walkways, plumbing re-pipe to copper in building #234, new exterior paint throughout, new hardscape of the common area, and partially replaced portion of the roof. 13-units have been completely upgraded with luxury wood flooring, upgraded kitchens, fully upgraded bathrooms. RENTS ARE SIGNIFICANTLY BELOW MARKET!

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February, 2019
Feb 8, 2019

Date

Sold (Public Records)

Public Records

$3,575,000

Price
August, 2018
Aug 29, 2018

Date

Expired

CRMLS: AR18072431

$4,000,000

Price
Apr 20, 2018

Date

Withdrawn

CRMLS: AR18072431

$4,000,000

Price
Mar 30, 2018

Date

Active

CRMLS: AR18072431

$4,000,000

Price
Listing provided courtesy of CRMLS

Pima Apartments is a 14-units (two x 7-unit) non-rent-controlled apartment investment opportunity located in the City of West Covina, CA. The property is superbly located one block south of Glendora Ave where many national and well-known retailers are concentrated. The property is in a residential area of West Covina with many amenities just within walking distance. Pima Apartments is a unique investment opportunity due to its high-quality location and significant rental upside potential. Just a few blocks away, the city of West Covina is planning to spend approximately $12 million to revitalize Glendora Avenue into a pedestrian friendly gathering place for shopping, performing arts and community events. The property consists of two twin buildings with center courtyard and detached garage parking in the back. Each building is a two-story garden style apartment that was built in 1959. It has a total of ±11,392 SF building size and situated on ±14,804 SF lot size (#226: ±7,413 SF lot, #234: ±7,391 SF lot). It offers a very attractive unit mix with eight (8) 2bed+1bath, and six (6) 1bed+1bath. The property has undergone major capital improvements during the seller’s ownership. Some of the upgrades are new landscaping with new sprinkler system and plants/trees, renovated stairs and 2nd floor walkways, plumbing re-pipe to copper in building #234, new exterior paint throughout, new hardscape of the common area, and partially replaced portion of the roof.

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May, 2012
May 18, 2012

Date

Sold (Public Records)

Public Records

$1,781,000

Price

Tax History for 226 S Pima Ave

Assessed Value (2020): $1,823,350

Year	Land Value	Improved Value	Assessed Value
2020	$803,250	$1,020,100	$1,823,350

About 226 S Pima Ave

Detailed summary of property

226 S Pima Ave is categorized with a use code of Apartment House (5+ Units) in West Covina, CA 91790 and last sold on February 8, 2019 for $3,575,000. This property has 11 bedrooms, 7 bathrooms, roughly 5,696 living square feet, and sits on an approximately 7,413 square foot lot. Homes in West Covina are selling for a median price of $805,685 and a median price per square foot of $520. Based on Ardent Real Estate Group's West Covina Market Data, this home is sold 343.72% higher than the current median priced home. 226 S Pima Ave was last sold on February 8, 2019 for $3,575,000. Local nearby listings include 533 N Sunset Ave, 1303 S Glenview Rd and 742 S Hillward Ave. The average home in West Covina, CA is selling in 61 days. There are currently 110 homes for sale in the West Covina real estate market and 76 of them are single family homes while 24 of them are condos and 10 are townhomes. If you are the homeowner and looking to sell the home at 226 S Pima Ave 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 226 S Pima Ave

Public county record property details

Beds: 11
Baths: 7
Year built: 1959
Sq. Ft.: 5,696
Lot Size: 7,413
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 5
APN: 8476-007-015

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.

$539

Median Sold Price

$798,185

Median Sold Price/Sq.Ft.

$532

Total Inventory

Median Sale to List Price %

101.04%

Avg Days on Market

Loan Type

Conventional (60%), FHA (0%), VA (0%), Cash (25%), Other (15%)

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