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349 N Vecino Dr, Covina, CA 91723
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349 N Vecino Dr Covina, CA 91723

$2,000,000 Sold Price as of 12/10/2021
  • 14 Beds
  • 14 Baths
  • 8,000 Sq.Ft.
Sold
$2,000,000 Sold Price as of 12/10/2021 Refinance Your Mortgage
Map preview of 349 N Vecino Dr, Covina, CA 91723

Property Overview: 349 N Vecino Dr Covina, CA has 14 bedrooms, 14 bathrooms, 8,000 living square feet and 7,846 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: LOCATED IN COVINA 7 UNITS ALL 2 BDRM 2 BATH WITH CARPORT, 1 UNIT GROUND LEVEL SINGLE STORY, 2 UNITS UPSTAIRS SINGLE LEVEL, 4 UNITS TOWNHOUSE STYLE UP & DOWN. 2 vacant units as of 04/14/21. THANK YOU

Listed by ROBERT ARRIETA | BRE #00997821 | ROBERT ARRIETA, BROKER
Last checked: 9 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 234

Home details

Lot Sq. Ft
7,846
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
IV21005987
City
Covina
County
Los Angeles
Time on Site
1214 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
  • # of Leased Units: 5
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,480
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,280
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,280
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $1,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $163,800
  • Net Operating Income: $111,700
  • Gross Operating Income: $155,610
  • Vacancy Allowance: $8,190
  • # of Rented Garages: 0
  • Laundry Income: $150
Annual Expense Breakdown
  • Total Operating Expense: $45,100
  • Electric: $1,000
  • Gas/Fuel: $0
  • New Taxes: $24,000
  • Trash: $2,820
  • Gardener: $1,800
  • Insurance: $2,700
  • Maintenance: $3,600
  • Professional Management: $6,300
  • Water/Sewer: $2,000

Property Details for 349 N Vecino Dr

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wood, Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Covered
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 7
  • Parcel Number: 8429033017
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Natural Gas Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Please use navigation
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Covina Agent

Sale History for 349 N Vecino Dr

Last sold for $2,000,000 on December 10th, 2021

  • September, 2021

  • Sep 26, 2021

    Date

    Price Change

    CRMLS: IV21202769

    $1,975

    Price

  • Sep 14, 2021

    Date

    Active

    CRMLS: IV21202769

    $2,100

    Price

  • Listing provided courtesy of CRMLS

    BRAND NEW REMODELED UNIT UPSTAIRS SINGLE LEVEL WITH VIEW, WATER, TRASH INCLUDED. READY FOR MOVE IN OCT 15TH. CALL ME...

  • September, 2021

  • Sep 16, 2021

    Date

    Pending

    CRMLS: IV21005987

    $2,100,000

    Price

  • Mar 3, 2021

    Date

    Active

    CRMLS: IV21005987

    $2,100,000

    Price

  • Feb 26, 2021

    Date

    Active Under Contract

    CRMLS: IV21005987

    $2,100,000

    Price

  • Feb 10, 2021

    Date

    Active

    CRMLS: IV21005987

    $2,100,000

    Price

  • Feb 10, 2021

    Date

    Price Change

    CRMLS: IV21005987

    $2,100,000

    Price

  • Jan 29, 2021

    Date

    Pending

    CRMLS: IV21005987

    $2,000,000

    Price

  • Jan 13, 2021

    Date

    Active

    CRMLS: IV21005987

    $2,000,000

    Price

  • September, 2021

  • Sep 14, 2021

    Date

    Active

    CRMLS: IV21202731

    $1,950

    Price

  • Listing provided courtesy of CRMLS

    2 bdrm 2 bath new remodel ready October 15th, 1 carport, water & trash included, call me. Thank you

  • April, 2021

  • Apr 20, 2021

    Date

    Leased

    CRMLS: IV21067331

    $1,950

    Price

  • Apr 6, 2021

    Date

    Price Change

    CRMLS: IV21067331

    $1,950

    Price

  • Mar 31, 2021

    Date

    Active

    CRMLS: IV21067331

    $1,875

    Price

  • Listing provided courtesy of CRMLS

    Upstairs single level brand new remodel, big approximately 1000 sq feet, living, dining, kitchen, 2 large bdrms one bedroom is a master with it's own private bath. 1 carport

  • April, 2001

  • Apr 17, 2001

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 1995

  • Oct 20, 1995

    Date

    Sold (Public Records)

    Public Records

    $285,000

    Price

Show More

Tax History for 349 N Vecino Dr

Assessed Value (2020): $432,899
Year Land Value Improved Value Assessed Value
2020 $208,094 $224,805 $432,899

Home Value Compared to the Market

This property vs the competition

349 N Vecino Dr sold on December 10, 2021 for 187.67% higher than the current median sold price for the city of Covina which is $730,000. The median sold price per/sqft for Covina is $506 and this home is sold at $262.5 per/sqft which puts the price per square foot 48.12% lower than the current median sale per square foot for the city of Covina.

About 349 N Vecino Dr

Detailed summary of property

349 N Vecino Dr is a multi family that recently sold in Covina, CA 91723. This multi family property offered 14 bedrooms, 14 bathrooms, roughly 8,000 living square feet, and sits on an approximately 7,846 square foot lot. 349 N Vecino Dr was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $2,000,000. Home in Covina are selling for a median price of $730,000 and a median price per square foot of $506. Based on Ardent Real Estate Group's Covina Market Data, this home is sold 187.67% higher than the current median priced home. Local homes that are currently for sale include 216 W Santa Fe Ave, 709 E Santa Fe Ave and 1556 E Benmore Ln. While the average home in Covina, CA is selling in 48 days, 349 N Vecino Dr has a days on market of 234 days. There are currently 103 homes for sale in the Covina real estate market and 66 of them are single family homes while 22 of them are condos and 15 are townhomes. For more information on this home for sale at 349 N Vecino Dr Covina, CA 91723 contact Ardent Real Estate Group and we will put you in touch with one of our Covina agents.

Public Facts for 349 N Vecino Dr

Public county record property details
Beds
14
Baths
14
Year built
1962
Sq. Ft.
7,146
Lot Size
7,845
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
29
APN
8429-033-017

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
$684,500
Median List Price/Sq.Ft.
$444
Median Sold Price
$781,000
Median Sold Price/Sq.Ft.
$442
Total Inventory
22
Median Sale to List Price %
101.69%
Avg Days on Market
8
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (33.33%), Other (16.67%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 349 N Vecino Dr

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331 N Vecino Dr, Covina, CA 91723
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339 N Vecino Dr, Covina, CA 91723
$1,930,000 Last Sold Price
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227 N Vecino Dr, 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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