236 E College St, Covina, CA 91723
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236 E College St Covina, CA 91723

$850,000 Sold Price as of 11/15/2019
  • 5 Beds
  • 4 Baths
  • 2,505 Sq.Ft.
Sold
$850,000 Sold Price as of 11/15/2019 Refinance Your Mortgage

Map preview of 236 E College St, Covina, CA 91723

Property Overview: 236 E College St Covina, CA has 5 bedrooms, 4 bathrooms, 2,505 living square feet and 10,545 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This property offers the rare opportunity to acquire a 4-unit multifamily property in the desirable city of Covina. Nestled in a quiet, residential area of Covina, this is an investor's dream! There is a front house, a duplex, and a back house. Front house is a 2 Bed, 1 Bath with central air/heat. Duplex has two separate units, each 1 Bed, 1 Bath with wall a/c. Separate back house is a 1 Bed, 1 Bath with wall a/c. A common courtyard boasts a gorgeous garden full of beautiful plants, flowers, and a small koi pond. Recent upgrades include newer windows and roof within the last 5 years. The front house was completely renovated inside within the last 7 years. Unit 232 has refinished floors. Located close to downtown Covina, Covina Police Department, Covina Public Library, Metrolink Station, shopping, restaurants. Schools for the area are in the Covina Valley Unified School district. This property also offers the chance to purchase the lot located next door MLS#CV19122226, which is zoned commercial and additional units may be built. Buy both and the sky's the limit! Buyer to verify all information with the city.

Listed by DONNA DANCE | BRE #01079262 | ROYAL HOMES & LOANS
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 130

Home details

Lot Sq. Ft
10,545
HOA Dues
$0/mo
Year built
1950
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
CV19122192
City
Covina
County
Los Angeles
Time on Site
1520 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,375
  • Total Rent: $1,375
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $650
  • Total Rent: $650
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $650
  • Total Rent: $650
  • Pro Forma/Market Rent: $1,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $41,600
  • Net Operating Income: $32,828
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $8,772
  • New Taxes: $15,000
  • Trash: $1,515
  • Insurance: $1,200
  • Water/Sewer: $1,810

Property Details for 236 E College St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s), See Remarks
Heating Information
  • Has Heating
  • Central, Wall Furnace, See Remarks
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Dishwasher
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Garden, Landscaped
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 8445008004
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: East of Second and North of Badillo
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Covina Agent

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Sale History for 236 E College St

Last leased for $1,300 on June 5th, 2020
  • June, 2020

  • Jun 9, 2020

    Date

    Leased

    CRMLS: DW20104790

    $1,300

    Price

  • Jun 3, 2020

    Date

    Hold

    CRMLS: DW20104790

    $1,300

    Price

  • Jun 2, 2020

    Date

    Active

    CRMLS: DW20104790

    $1,300

    Price

  • Listing provided courtesy of CRMLS

    Location! Location! It’s located in a very nice and peaceful area, plenty of parking, one block away from downtown Covina, one block away from the post office, one block away from 3 major banks, Starbucks, lots of restaurants, to the metro, etc,etc. You don’t see this rentals very often, don’t miss out. Strategically located in the heart of Covina, and believe it or not, it’s super quiet. This one bedroom apartment has been recently remodeled, brand new paint inside, brand new laminated floor throughout, brand new bathroom, brand new kitchen, and brand new double pane windows all around. Plenty of private parking which was recently renovated. One year lease. Don't miss out. It wont Last!!

  • November, 2019

  • Nov 15, 2019

    Date

    Sold

    CRMLS: CV19122192

    $850,000

    Price

  • Nov 3, 2019

    Date

    Pending

    CRMLS: CV19122192

    $1,050,000

    Price

  • Oct 2, 2019

    Date

    Active Under Contract

    CRMLS: CV19122192

    $1,050,000

    Price

  • Sep 19, 2019

    Date

    Active

    CRMLS: CV19122192

    $1,050,000

    Price

  • Aug 29, 2019

    Date

    Active Under Contract

    CRMLS: CV19122192

    $1,050,000

    Price

  • Jul 27, 2019

    Date

    Price Change

    CRMLS: CV19122192

    $1,050,000

    Price

  • Jul 2, 2019

    Date

    Active

    CRMLS: CV19122192

    $1,200,000

    Price

  • Jun 29, 2019

    Date

    Active Under Contract

    CRMLS: CV19122192

    $1,200,000

    Price

  • Jun 10, 2019

    Date

    Active

    CRMLS: CV19122192

    $1,200,000

    Price

  • November, 2019

  • Nov 15, 2019

    Date

    Sold (Public Records)

    Public Records

    $850,000

    Price

Show More

Tax History for 236 E College St

Assessed Value (2020): $850,000
Year Land Value Improved Value Assessed Value
2020 $450,000 $400,000 $850,000

Home Value Compared to the Market

This property vs the competition

236 E College St sold on November 15, 2019 for 34.05% 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 $419.16 per/sqft which puts the price per square foot 16.5% lower than the current median sale per square foot for the city of Covina.

About 236 E College St

Detailed summary of property

236 E College St is a fourplex that recently sold in Covina, CA 91723. This fourplex offered 5 bedrooms, 4 bathrooms, roughly 2,505 living square feet, and sits on an approximately 10,545 square foot lot. 236 E College St was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $850,000. 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 34.05% higher than the current median priced home. Local homes that are currently for sale include 5486 Riverside Dr, 11533 Burke St and 11307 Laurel Ave. While the average home in Covina, CA is selling in 52 days, 236 E College St has a days on market of 130 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 236 E College St Covina, CA 91723 contact Ardent Real Estate Group and we will put you in touch with one of our Covina agents.

Public Facts for 236 E College St

Public county record property details
Beds
3
Baths
3
Year built
1950
Sq. Ft.
2,486
Lot Size
10,544
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
8445-008-004

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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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.