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235 E Orlando Way, Covina, CA 91723
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235 E Orlando Way Covina, CA 91723

$1,549,000 Sold Price as of 05/18/2023
  • 6 Beds
  • 5.5 Baths
  • 4,193 Sq.Ft.
Sold
$1,549,000 Sold Price as of 05/18/2023 Refinance Your Mortgage
Map preview of 235 E Orlando Way, Covina, CA 91723

Property Overview: 235 E Orlando Way Covina, CA has 6 bedrooms, 5.5 bathrooms, 4,193 living square feet and 7,800 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This stunning custom condo style triplex, is in excellent condition with one-of-a-kind features located in the heart of Covina. Given the rental upside potential for rent increases, this property presents a unique investment opportunity to any owner/user to live in one and lease out the other 2 units to support the mortgage. This newer style low maintenance building has had many upgrades over recent years and has a manicured professional landscaping and auto sprinkler systems. With 4,193 sf ft of interiors all residences are spacious and composed of a diverse mix of: (1) 3 bed/3 bath, (1) 2 bed/1.5 bath & (1) 1 bed/1 bath and 6 enclosed garages including 2 extra tall garages for RVs/boats & storage space. All units have central air/heat, balconies/patios, their own wash/dryer hook-ups and all are separately metered for utilities. The 3 bedroom residence is huge w/2,000 sf ft, vaulted ceilings, stain glass entry, granite kitchen, stainless steel appliances, balcony, patio, impressive double sided stone fireplace in the Living Rm/Family Rm. The luxurious primary en-suite bedroom also has double sided stone fireplace & beautiful bathroom w/porcelain floors & walk-in closet. All 3 residences are tastefully upgraded with too many features to mention!! Conveniently located to schools, shopping & freeways. Showings w/accepted offer only.

Listed by Susie Avedissian | BRE #01165376 | Beverly and Company
Last checked: 1 minute ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
7,800
HOA Dues
$0/mo
Year built
1977
Garage
6 Car
Property Type:
Triplex
Status
Sold
MLS#
SR23071524
City
Covina
County
Los Angeles
Time on Site
471 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,650
  • Total Rent: $2,650
  • Pro Forma/Market Rent: $3,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $70,800
  • Net Operating Income: $58,061
  • Gross Operating Income: $70,800
Annual Expense Breakdown
  • Total Operating Expense: $12,739
  • New Taxes: $6,635
  • Trash: $1,463
  • Gardener: $1,440
  • Insurance: $1,743
  • Maintenance: $360
  • Water/Sewer: $1,000

Property Details for 235 E Orlando Way

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Electric Dryer Hookup, Inside, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room, Master Bedroom
Room Information
  • Flooring: Carpet, Tile
  • Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Electric Oven, Electric Cooktop, Disposal, Microwave, Water Heater
Interior Features
  • Balcony, Granite Counters, High Ceilings
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned, Direct Garage Access, Garage, Garage Door Opener, Private, RV Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 8445022009
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: E of Citrus/S of Puente St
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Covina Agent

Sale History for 235 E Orlando Way

Last sold for $1,549,000 on May 18th, 2023

  • May, 2023

  • May 18, 2023

    Date

    Sold

    CRMLS: SR23071524

    $1,549,000

    Price

  • Apr 28, 2023

    Date

    Active

    CRMLS: SR23071524

    $1,549,000

    Price

  • May, 2019

  • May 6, 2019

    Date

    Expired

    CRMLS: SR19077439

    $1,375

    Price

  • Apr 12, 2019

    Date

    Withdrawn

    CRMLS: SR19077439

    $1,375

    Price

  • Apr 6, 2019

    Date

    Price Change

    CRMLS: SR19077439

    $1,375

    Price

  • Apr 6, 2019

    Date

    Active

    CRMLS: SR19077439

    $239

    Price

  • Listing provided courtesy of CRMLS

    Welcome home to this spacious and well maintained apartment in Covina! Lots of privacy in this intimate 3 unit building with immaculately landscaped grounds. You’ll enjoy rooms flooded with natural light, high ceilings, new carpeting and new paint. Gorgeous kitchen with granite counters, tile floors, recessed lighting, stove, microwave, dishwasher and convenient laundry hook-ups inside with additional storage. Central a/c & heat. Exceptionally roomy living room and bedroom. Bathroom is all custom tiled with separate sink and vanity area. Sunny oversized enclosed balcony can be accessed from both the dining area and the bedroom just perfect to sip your morning coffee. Includes a private 1 car garage with room to store making this a rare find. Great location with easy access to shopping, schools, 210 & 10 fwys & the metro link. No pets, non-smoking premises. Available for immediate move-in.

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Tax History for 235 E Orlando Way

Assessed Value (2020): $449,454
Year Land Value Improved Value Assessed Value
2020 $90,412 $359,042 $449,454

Home Value Compared to the Market

This property vs the competition

235 E Orlando Way sold on May 18, 2023 for 97.75% 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 $369.43 per/sqft which puts the price per square foot 26.41% lower than the current median sale per square foot for the city of Covina.

About 235 E Orlando Way

Detailed summary of property

235 E Orlando Way is a triplex that recently sold in Covina, CA 91723. This triplex offered 6 bedrooms, 5.5 bathrooms, roughly 4,193 living square feet, and sits on an approximately 7,800 square foot lot. 235 E Orlando Way was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $1,549,000. 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 97.75% higher than the current median priced home. Local homes that are currently for sale include 2024 E Wilshire Ave, 2030 E Wilshire Ave and 1396 Randy St. While the average home in Covina, CA is selling in 52 days, 235 E Orlando Way has a days on market of 5 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 235 E Orlando Way Covina, CA 91723 contact Ardent Real Estate Group and we will put you in touch with one of our Covina agents.

Public Facts for 235 E Orlando Way

Public county record property details
Beds
6
Baths
6
Year built
1977
Sq. Ft.
4,193
Lot Size
7,799
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
8445-022-009

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%)

Thinking of Selling?

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Recently Sold Homes Near 235 E Orlando Way

225 E Orlando Way, Covina, CA 91723
$868,000 Last Sold Price
6 Beds
3 Baths
2903 Sq.Ft.
225 E Orlando Way
Covina, CA 91723
228 E Puente St, Covina, CA 91723
$671,000 Last Sold Price
4 Beds
2 Baths
2177 Sq.Ft.
228 E Puente St
Covina, CA 91723
220 E Puente St, Covina, CA 91723
$572,000 Last Sold Price
4 Beds
2 Baths
1905 Sq.Ft.
220 E Puente St
Covina, CA 91723
219 E Puente St St, Covina, CA 91723
$1,690,000 Last Sold Price
8 Beds
6 Baths
4182 Sq.Ft.
219 E Puente St St
Covina, CA 91723

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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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