415 W Center St, Covina, CA 91723
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415 W Center St Covina, CA 91723

$2,000,000 Sold Price as of 04/12/2022
  • 6 Beds
  • 7 Baths
  • 3,643 Sq.Ft.
Sold
$2,000,000 Sold Price as of 04/12/2022 Refinance Your Mortgage

Map preview of 415 W Center St, Covina, CA 91723

Property Overview: 415 W Center St Covina, CA has 6 bedrooms, 7 bathrooms, 3,643 living square feet and 8,524 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This well-maintained 4-unit condo-style apartment is located on a beautiful, tree-lined, quiet street in the heart of Covina. This is a great opportunity to add this lovely, newer-style investment property to your portfolio. Great upside for rent increase due to currently low rent status. Many upgrades made in recent years and long-term tenants. Three enclosed 2-car garages for 6 cars (Unit A, B, and D); and 1 uncovered parking (Unit C). The owner recently painted the property, Unit C is totally remodeled with new floor, new kitchen, new bathroom. This building also have new AC unit, private enclosed parking and additional parking spaces in an enclosed fenced yard. Additional income from laundry coined machines. Conveniently located to shops, banks, restaurants, super markets, malls, schools, parks, and minutes to major freeways.

Listed by Brandon Lutran | BRE #01704058 | Re/Max Champions
Last checked: 4 minutes ago | Last updated: September 2nd, 2022 | Source CRMLS | DOM: 34

Home details

Lot Sq. Ft
8,524
HOA Dues
$0/mo
Year built
1990
Garage
6 Car
Property Type:
Apartment
Status
Sold
MLS#
TR22030314
City
Covina
County
Los Angeles
Time on Site
947 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,039
  • Total Rent: $2,039
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,790
  • Total Rent: $1,790
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,657
  • Total Rent: $1,657
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,911
  • Total Rent: $1,911
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $89,484
  • Net Operating Income: $80,464
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $9,020
  • Electric: $420
  • Gas/Fuel: $2,760
  • Trash: $1,716
  • Gardener: $600
  • Insurance: $1,844
  • Water/Sewer: $1,680

Property Details for 415 W Center St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Tile
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned, Garage Faces Front, Garage Faces Rear, Gated
Lot Information
  • Lot Features: 2-5 Units/Acre, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 8444004031
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: South of Badillo & East of Hollenbeck
Neighborhood Information
  • Community Features: Curbs, Street Lights
View more facts & features

Local Covina Agent

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Sale History for 415 W Center St

Last leased for $2,450 on August 10th, 2022
  • August, 2022

  • Aug 10, 2022

    Date

    Leased

    CRMLS: OC22164831

    $2,450

    Price

  • Jul 26, 2022

    Date

    Active

    CRMLS: OC22164831

    $2,450

    Price

  • Listing provided courtesy of CRMLS

    This Unit B is in a beautiful 4-unit condo-style apartment located on a beautiful, quiet street in the heart of Covina, in the highly desirable rental area of Covina. Conveniently located to shops banks, restaurants, super markets, malls, schools and minutes to major freeways. Excellent condition and very spacious. Unit B has common area laundry, yard area, central air and 2 car garage with entrance into apartment, The unit has separate electric and gas meters. Dual-pane doors and windows. Vinyl flooring throughout. Brand new quartz countertop and sink in kitchen. Brand new quartz top and sink in both bathrooms and ceiling fan in bedroom and living room. Don’t let this opportunity pass you by!

  • March, 2022

  • Mar 22, 2022

    Date

    Pending

    CRMLS: TR22030314

    $2,000,000

    Price

  • February, 2022

  • Feb 1, 2022

    Date

    Expired

    CRMLS: TR22007568

    $1,790

    Price

  • Jan 13, 2022

    Date

    Active

    CRMLS: TR22007568

    $1,790

    Price

  • Listing provided courtesy of CRMLS

    Come and see this newly remodeled 1 bedroom / 1 bathroom unit located in a quiet upscale neighborhood of Covina. This lovely unit has a new kitchen, bathroom, new fixtures, new appliance, new floor, and new paint. This second story unit has its own private balcony, large bedroom, open floor plan, AC, heating, and community laundry room, private garage, and plenty of street parking. Sorry, no pets.

  • January, 2022

  • Jan 31, 2022

    Date

    Hold

    CRMLS: TR21248940

    $1,990,000

    Price

  • Listing provided courtesy of CRMLS

    Newly remodeled unit with balcony. This well-maintained 4-unit condo-style apartment is located on a beautiful, tree-lined, quiet street in the heart of Covina. This is a great opportunity to add this lovely, newer-style investment property to your portfolio. Great upside for rent increase due to currently low rent status. Many upgrades made in recent years and long-term tenants. Three enclosed 2-car garages for 6 cars (Unit A, B, and D); and 1 uncovered parking (Unit C). Conveniently located to shops, banks, restaurants, super markets, malls, schools, parks, and minutes to major freeways.

  • July, 2021

  • Jul 27, 2021

    Date

    Active

    CRMLS: TR21164455

    $2,100,000

    Price

  • Listing provided courtesy of CRMLS

    Live in 1 unit & rent out the other 3 units and live rent free! This well-maintained 4-unit condo-style building is located on a beautiful, tree-lined, quiet street in the heart of Covina. This is a great opportunity to add this lovely, newer-style investment property to your portfolio. Great upside for rent increase due to currently low rent status. Many upgrades made in recent years and long-term tenants. Three enclosed 2-car garages for 6 cars (Unit A, B, and D); and 1 uncovered parking (Unit C). Conveniently located to shops, banks, restaurants, super markets, malls, schools, parks, and minutes to major freeways.

  • July, 2021

  • Jul 21, 2021

    Date

    Active

    CRMLS: TR21159349

    $2,100,000

    Price

  • Listing provided courtesy of CRMLS

    This well-maintained 4-unit condo style apartment is located on a beautiful, tree-lined, quiet street in the heart of Covina. This is a great opportunity to add this lovely, newer-style investment property to your portfolio. Great upside for rent increase due to currently low rent status. Many upgrades made in recent years and long-term tenants. Three enclosed 2-car garages for 6 cars (Unit A, B, and D); and 1 uncovered parking (Unit C). Conveniently located to shops, banks, restaurants, super markets, malls, schools, parks, and minutes to major freeways.

  • February, 2003

  • Feb 7, 2003

    Date

    Sold (Public Records)

    Public Records

    $530,000

    Price

Show More

Tax History for 415 W Center St

Assessed Value (2020): $701,877
Year Land Value Improved Value Assessed Value
2020 $238,370 $463,507 $701,877

Home Value Compared to the Market

This property vs the competition

415 W Center St sold on April 12, 2022 for 155.33% 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 $549 per/sqft which puts the price per square foot 9.36% higher than the current median sale per square foot for the city of Covina.

About 415 W Center St

Detailed summary of property

415 W Center St is a apartment that recently sold in Covina, CA 91723. This apartment offered 6 bedrooms, 7 bathrooms, roughly 3,643 living square feet, and sits on an approximately 8,524 square foot lot. 415 W Center St was first listed on ArdentRealEstateGroup.com on February 16, 2022. The homeowner sold the property for $2,000,000. 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 155.33% higher than the current median priced home. Local homes that are currently for sale include 2024 E Wilshire Ave, 2030 E Wilshire Ave and 1000 E Commonwealth Ave. While the average home in Covina, CA is selling in 52 days, 415 W Center St has a days on market of 34 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 415 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 415 W Center St

Public county record property details
Beds
6
Baths
6
Year built
1990
Sq. Ft.
3,643
Lot Size
8,523
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
8444-004-031

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.