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263 W Center St, Covina, CA 91723
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263 W Center St Covina, CA 91723

$920,000 Sold Price as of 07/24/2019
  • 5 Beds
  • 3 Baths
  • 2,761 Sq.Ft.
Sold
$920,000 Sold Price as of 07/24/2019 Refinance Your Mortgage
Map preview of 263 W Center St, Covina, CA 91723

Property Overview: 263 W Center St Covina, CA has 5 bedrooms, 3 bathrooms, 2,761 living square feet and 10,341 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: = Accepting All Offers = Great cash flow investment opportunity. Rental Leases are Month-to-Month and No Rent Control. Investors don't miss out, this property won't last long. Charming triplex with excellent rental income and upside potential. The property consists of Two Units being 2 BED, 1 BA Each, and the Third Unit is 1 Bed, 1 BA. All Units are detached, spacious, two stories, and with their own fenced yards. All three Units have their own laundry facilities and designated parking. All bedrooms are upstairs. The property has a wonderful appearance and kept in good condition. Located in a quiet, well desirable, quaint area of Covina with lots to offer to would be renters. Close to schools and Metro Link Station. The triplex is located just a quick walk to Old Downtown Covina, offering restaurants, coffee shops, a theater, boutiques, and various stores. Larger shopping malls are a short drive away. Easy access to 10 & 210 freeways.

Listed by Joaquin Trigueros | BRE #01378344 | Realty Executives Select
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 89

Home details

Lot Sq. Ft
10,341
HOA Dues
$0/mo
Year built
1911
Garage
2 Car
Property Type:
Triplex
Status
Sold
MLS#
DW19058122
City
Covina
County
Los Angeles
Time on Site
1521 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # 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: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,125
  • Total Rent: $1,125
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $65,100
  • Net Operating Income: $47,716
  • Gross Operating Income: --
  • # of Rented Garages: 1
  • Garage Rental Rate: $800
  • Garage Rental Income: $9,600
Annual Expense Breakdown
  • Total Operating Expense: $17,384
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $12,217
  • Trash: $860
  • Gardener: $1,200
  • Insurance: $1,307
  • Water/Sewer: $1,800

Property Details for 263 W Center St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s), Electric
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, In Closet, Inside, Outside, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Carpet, Laminate, Tile, Wood
  • All Bedrooms Up, Basement, Kitchen, Laundry, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range, Gas Water Heater, Refrigerator
Interior Features
  • Beamed Ceilings, Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, Recessed Lighting
  • Levels: Two
  • Security Features: Smoke Detector(s)
  • Door Features: French Doors
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Block, Chain Link, Fair Condition, Security, Wood, Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Converted Garage, Driveway, Asphalt, Garage, Parking Space, Private
Lot Information
  • Lot Features: Back Yard, Front Yard, Lawn, Lot 10000-19999 Sqft, Near Public Transit, Park Nearby, Paved
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 8444002013
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Foundation Details: Raised
  • Property is not Attached
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Location / Neighborhood
Location Information
  • Directions: North of Puente. South of Badillo. East of Azusa. West of Citrus
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Suburban
View more facts & features

Local Covina Agent

Sale History for 263 W Center St

Last sold for $920,000 on July 24th, 2019

  • July, 2019

  • Jul 25, 2019

    Date

    Sold

    CRMLS: DW19058122

    $920,000

    Price

  • Jun 19, 2019

    Date

    Pending

    CRMLS: DW19058122

    $950,000

    Price

  • Mar 16, 2019

    Date

    Active

    CRMLS: DW19058122

    $950,000

    Price

  • July, 2019

  • Jul 24, 2019

    Date

    Sold (Public Records)

    Public Records

    $920,000

    Price

  • February, 2009

  • Feb 24, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 263 W Center St

Assessed Value (2020): $920,000
Year Land Value Improved Value Assessed Value
2020 $620,000 $300,000 $920,000

Home Value Compared to the Market

This property vs the competition

263 W Center St sold on July 24, 2019 for 21.28% 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 $344.08 per/sqft which puts the price per square foot 31.46% lower than the current median sale per square foot for the city of Covina.

About 263 W Center St

Detailed summary of property

263 W Center St is a triplex that recently sold in Covina, CA 91723. This triplex offered 5 bedrooms, 3 bathrooms, roughly 2,761 living square feet, and sits on an approximately 10,341 square foot lot. 263 W Center St was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $920,000. 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 21.28% higher than the current median priced home. Local homes that are currently for sale include 11533 Burke St, 5486 Riverside Dr and 11307 Laurel Ave. While the average home in Covina, CA is selling in 52 days, 263 W Center St has a days on market of 89 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 263 W Center 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 263 W Center St

Public county record property details
Beds
5
Baths
3
Year built
1911
Sq. Ft.
2,761
Lot Size
10,340
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
8444-002-013

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.

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