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2406 S Ridgewood Dr, West Covina, CA 91792
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2406 S Ridgewood Dr West Covina, CA 91792

$1,390,000 Sold Price as of 04/26/2021
  • 9 Beds
  • 4 Baths
  • 4,050 Sq.Ft.
Sold
$1,390,000 Sold Price as of 04/26/2021 Refinance Your Mortgage
Map preview of 2406 S Ridgewood Dr, West Covina, CA 91792

Property Overview: 2406 S Ridgewood Dr West Covina, CA has 9 bedrooms, 4 bathrooms, 4,050 living square feet and 8,605 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment opportunity to own a two story quadruplex complex featured four units in West Covina, an excellent location in a rapidly appreciating neighborhood close to Walnut, Rowland Heights.   It has a mixed 3/2 bedroom with 1-2 bathroom, 4050 building sq, 8605 sq ft lot size. Central A/C and heater, and washer/dryer hookups in each unit. Separate gas and electric meters. Lower HOA fee with community pool and clubhouse. Easy access to 10 and 60 freeway. Close to shopping, supermarkets, colleges, and transportation. Sold as it is. Drive by only.

Listed by Kevin Zhang | BRE #01903200 | Spectrum Investment Group Inc
Last checked: 14 minutes ago | Last updated: September 16th, 2023 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
8,605
HOA Dues
$180/mo
Year built
1978
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
TR21047568
City
West Covina
County
Los Angeles
Time on Site
1292 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.28%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $79,800
  • Net Operating Income: $59,579
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $20,221
  • New Taxes: $17,534
  • Trash: $3,000
  • Insurance: $2,185
  • Other Expenses: $2,160
  • Other Expense Description: Expense

Property Details for 2406 S Ridgewood Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage
Room Information
  • Living Room, Master Suite, Walk-In Closet
Interior Features
  • Levels: Two
  • Window Features: Blinds
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • Has Fence
  • Block, Wood
Exterior Features
  • No Pool
  • Pool Features: Community
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Back Yard, Front Yard, Garden, Lawn
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 8735010038
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Foundation Details: Slab
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Woodbridge HOA
  • Association Fee: $180 (Monthly)
  • Association Amenities: Pool, Clubhouse
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Off Azusa and Amar Cross Street
Neighborhood Information
  • Community Features: Park, Suburban
View more facts & features

Local West Covina Agent

Sale History for 2406 S Ridgewood Dr

Last leased for $2,200 on September 16th, 2023

  • September, 2023

  • Sep 16, 2023

    Date

    Leased

    CRMLS: AR23150314

    $2,200

    Price

  • Aug 13, 2023

    Date

    Active

    CRMLS: AR23150314

    $2,200

    Price

  • Listing provided courtesy of CRMLS

    Best location in West Covina. Walking distance to the Seafood city supermarket, Target, Home depot and lots of restaurants, banks and stores. This is a great apartment community. This unit is a #4, in a specious privacy location, with individual balcony with city and mountain view could enjoy your outdoor time. Features 2 bedrooms and one full bath and one additional sink, with good size of living room, dining area and kitchen. 1 car garage with direct access from the unit and one assigned spot. Laundry hook-up in the garage. Brand new paint and vinyl floor all over the living space. don't missed out this awesome chance !

  • April, 2023

  • Apr 6, 2023

    Date

    Leased

    CRMLS: AR23035025

    $2,200

    Price

  • Mar 2, 2023

    Date

    Active

    CRMLS: AR23035025

    $2,200

    Price

  • Listing provided courtesy of CRMLS

    Best location in West Covina. Walking distance to the Seafood city supermarket, Target, Home depot and lots of restaurants, banks and stores. This is a great apartment community. This unit is a #3, in a specious privacy location, with individual back yard could enjoy your outdoor time. Features 2 bedrooms and one and half bathrooms, with good size of living room, dining area and kitchen. 1 car garage and one assigned spot. Laundry hook-up in the garage. Brand new paint and vinyl floor all over the living space. don't missed out this awesome chance !

  • April, 2021

  • Apr 27, 2021

    Date

    Sold

    CRMLS: TR21047568

    $1,390,000

    Price

  • Mar 25, 2021

    Date

    Active Under Contract

    CRMLS: TR21047568

    $1,390,000

    Price

  • Mar 7, 2021

    Date

    Active

    CRMLS: TR21047568

    $1,390,000

    Price

  • Mar 7, 2021

    Date

    Coming Soon

    CRMLS: TR21047568

    $1,390,000

    Price

  • October, 2015

  • Oct 1, 2015

    Date

    Sold (Public Records)

    Public Records

    $999,000

    Price

  • April, 2000

  • Apr 21, 2000

    Date

    Sold (Public Records)

    Public Records

    $289,500

    Price

Show More

Tax History for 2406 S Ridgewood Dr

Assessed Value (2020): $1,081,347
Year Land Value Improved Value Assessed Value
2020 $642,963 $438,384 $1,081,347

Home Value Compared to the Market

This property vs the competition

2406 S Ridgewood Dr sold on April 26, 2021 for 72.52% higher than the current median sold price for the city of West Covina which is $805,685. The median sold price per/sqft for West Covina is $520 and this home is sold at $343.21 per/sqft which puts the price per square foot 34% lower than the current median sale per square foot for the city of West Covina.

About 2406 S Ridgewood Dr

Detailed summary of property

2406 S Ridgewood Dr is a fourplex that recently sold in West Covina, CA 91792. This fourplex offered 9 bedrooms, 4 bathrooms, roughly 4,050 living square feet, and sits on an approximately 8,605 square foot lot. 2406 S Ridgewood Dr was first listed on ArdentRealEstateGroup.com on March 7, 2021. The homeowner sold the property for $1,390,000. Home 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 72.52% higher than the current median priced home. Local homes that are currently for sale include 434 E Truslow Ave, 931 S Towne Ave and 11607 Fidel Ave. This home does have a Homeowners Association and the monthly fee is $180 per month. While the average home in West Covina, CA is selling in 58 days, 2406 S Ridgewood Dr has a days on market of 17 days. There are currently 117 homes for sale in the West Covina real estate market and 82 of them are single family homes while 25 of them are condos and 10 are townhomes. For more information on this home for sale at 2406 S Ridgewood Dr West Covina, CA 91792 contact Ardent Real Estate Group and we will put you in touch with one of our West Covina agents.

Public Facts for 2406 S Ridgewood Dr

Public county record property details
Beds
9
Baths
7
Year built
1978
Sq. Ft.
4,050
Lot Size
8,604
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
30
APN
8735-010-038

The source for these homes facts are from public records.

91792 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$780,000
Median List Price/Sq.Ft.
$520
Median Sold Price
$870,000
Median Sold Price/Sq.Ft.
$499
Total Inventory
31
Median Sale to List Price %
102.35%
Avg Days on Market
18
Loan Type
Conventional (63.64%), FHA (0%), VA (0%), Cash (9.09%), Other (27.27%)

Thinking of Selling?

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Homes for Sale Near 2406 S Ridgewood Dr

Nearby Homes for Sale

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Recently Sold Homes Near 2406 S Ridgewood Dr

1729 E Nanette Ave, West Covina, CA 91792
$1,350,000 Last Sold Price
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5 Baths
4050 Sq.Ft.
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West Covina, CA 91792
2425 S Ridgewood Dr, West Covina, CA 91792
$1,560,000 Last Sold Price
9 Beds
6 Baths
4050 Sq.Ft.
2425 S Ridgewood Dr
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$1,450,000 Last Sold Price
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4050 Sq.Ft.
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2427 Nina St, West Covina, CA 91792
$1,265,000 Last Sold Price
9 Beds
5 Baths
4050 Sq.Ft.
2427 Nina St
West Covina, CA 91792

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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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