2453 S Ridgewood Dr West Covina, CA 91792

$--

9 Beds
7 Baths
4,050 Sq.Ft.

Off Market

Map preview of 2453 S Ridgewood Dr, West Covina, CA 91792

Property Overview: 2453 S Ridgewood Dr West Covina, CA has 9 bedrooms, 7 bathrooms, 4,050 living square feet and 10,074 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2453 S Ridgewood Dr 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 $869,000. The median price per/sqft for West Covina is $523. 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 $173,800 for the down payment and will need roughly $17,380 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 $41,000. 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 2453 S Ridgewood Dr

View property's historical transactions

May, 2024
May 9, 2024

Date

Hold

CRMLS: CV24086563

$1,400,000

Price
Apr 30, 2024

Date

Active

CRMLS: CV24086563

$1,400,000

Price
Listing provided courtesy of CRMLS

Introducing a remarkable investment opportunity at 2453 South Ridgewood Dr. in the vibrant community of West Covina. This exclusive property consists of four townhome-style units, offering a unique blend of style and functionality, perfect for prospective tenants or as an income-generating asset. **Location and Accessibility:** - **Schools:** The property is in close to top-rated local schools, including options for K-8, enhancing appeal for families. - **Shopping and Dining:** Just a short drive from Plaza West Covina, a premier shopping and dining destination with over 185 stores and restaurants, including Nordstrom Rack and Bath & Body Spas. Conveniently located near major frwy, providing access to and from the property. This investment presents a substantial opportunity to acquire a well-maintained property in a sought-after location with excellent potential for appreciation and rental income. Whether expanding your portfolio or stepping into the investment realm, 2453 South Ridgewood Dr. offers both promising returns and strategic value. For more information and to explore this exclusive investment, please contact your real estate professional.

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November, 2023
Nov 23, 2023

Date

Expired

CRMLS: SW23098254

$1,300,000

Price
Jun 4, 2023

Date

Active

CRMLS: SW23098254

$1,400,000

Price
Listing provided courtesy of CRMLS

This West Covina investment property consists of four units. Three bedroom unit and three two bedroom one bath units. The proforma rent for the three bedroom is $3,000 and the two bedrooms are $2,500. There is a small HOA fee with activities. Each unit has its own garage with washer and dryer in garage. Separate gas and electric. Laminate flooring ...this is an excellent opportunity as an investment and owner is eager for a quick sale. Comparable properties in the area compare very favorably with this price.

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December, 2022
Dec 27, 2022

Date

Expired

CRMLS: IV22116210

$1,600,000

Price
Jun 1, 2022

Date

Active

CRMLS: IV22116210

$1,600,000

Price
Listing provided courtesy of CRMLS

**4 Units** Investment Opportunity** This is two story building with attached garages** Unit#1 is 3 Bedrooms /1 Bath,Units#2,3 &4 all have 2 Bedrooms and 1 Bath **Central AC/ Heat**Each have separate Gas &Electric Meters **Community Pool and Club House** Close to Shopping Centers and Freeways**

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May, 2021
May 22, 2021

Date

Price Change

CRMLS: IV21077596

$1,450,000

Price
Apr 13, 2021

Date

Active

CRMLS: IV21077596

$1,400,000

Price
Listing provided courtesy of CRMLS

** 4 Units ** Investment Opportunity ** This is a two story building with attached garages ** Unit#1 is 3 Bedrooms/2 Baths. Units #2,3, 2 Bedrooms and 2 Baths & Unit # 4 is 2 Bedrooms /1 Bath ** Central AC/ Heat ** Each have a separate Gas & Electric Meters ** Community Pool and Club House ** Close to Shopping Centers and Freeways ** Corner Lot Unit near the complex entrance **

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August, 2020
Aug 26, 2020

Date

Canceled

CRMLS: SW20151383

$1,400,000

Price
Aug 3, 2020

Date

Hold

CRMLS: SW20151383

$1,400,000

Price
Jul 31, 2020

Date

Active

CRMLS: SW20151383

$1,400,000

Price
Listing provided courtesy of CRMLS

Property is 4 units and unit #1 is a 3 bedroom 1.5 bath, unit #2 is a 1.5 bedroom 1.5 bath, unit #3 is a 2 bedroom 1.5 bath & unit #4 is a 2 bedroom 1.5 bath. Unit #1 is rented for $1550 per month & Unit #4 is rented for $1250 per month. Unit #3 is occupied with family member with no rent and will move upon closing. Unit #2 is Vacant. The property is in a really nice and upcoming area and is in good condition and Habitable just not upgraded. Very close to restaurants and shopping. The property is a corner unit so it is very accessible and has a nice unobstructed view. Each unit has its own Garage for parking or storage. All the units are ground level for good easy access and moving furniture in and out of the unit. The # 2 Unit has a enclosed Patio for privacy and all units are two story with 2 bedroom and 1.5 bath except unit # 1 that has 3 bedrooms. This is a great opportunity for some one who wants to live in one unit and rent the other unit out to tenants so can be used for Owner Occupancy or a great investment opportunity. This 4 plex is a rare find as there are not many of them around and this property will sell fast and priced well to give anyone a profitable investment. The units could command as much as $2000 per month rent each the seller feels with good solid management. Buyer to do their own due diligence on Rent amount opportunities.

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Tax History for 2453 S Ridgewood Dr

Assessed Value (2020): $385,757

Year	Land Value	Improved Value	Assessed Value
2020	$68,604	$317,153	$385,757

About 2453 S Ridgewood Dr

Detailed summary of property

2453 S Ridgewood Dr is categorized with a use code of Quadruplex (4 Units, Any Combination) in West Covina, CA 91792 and is currently off market. This property has 9 bedrooms, 7 bathrooms, roughly 4,050 living square feet, and sits on an approximately 10,074 square foot lot. Homes in West Covina are selling for a median price of $820,000 and a median price per square foot of $525. Local nearby listings include 1632 E Autumn Dr, 16602 Mulvane St and 1550 S Westridge Rd. The average home in West Covina, CA is selling in 61 days. There are currently 89 homes for sale in the West Covina real estate market and 68 of them are single family homes while 12 of them are condos and 9 are townhomes. If you are the homeowner and looking to sell the home at 2453 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 2453 S Ridgewood Dr

Public county record property details

Beds: 9
Baths: 7
Year built: 1978
Sq. Ft.: 4,050
Lot Size: 10,074
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 2
APN: 8735-010-004

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

$795,000

Median List Price/Sq.Ft.

$513

Median Sold Price

$720,000

Median Sold Price/Sq.Ft.

$546

Total Inventory

Median Sale to List Price %

103.23%

Avg Days on Market

Loan Type

Conventional (55.56%), FHA (33.33%), VA (0%), Cash (11.11%), Other (0%)

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