4540 N Lark Ellen Ave Covina, CA 91722

$11,850,000 Sold Price as of 12/23/2020

-- Beds
-- Baths
35,746 Sq.Ft.

Off Market

$11,850,000 Sold Price as of 12/23/2020 Refinance Your Mortgage

Map preview of 4540 N Lark Ellen Ave, Covina, CA 91722

Property Overview: 4540 N Lark Ellen Ave Covina, CA has -- bedrooms, -- bathrooms, 35,746 living square feet and 60,199 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

4540 N Lark Ellen Ave is currently an off market home in the city of 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 Covina has a median list price of $799,000. The median price per/sqft for Covina is $513. With those numbers in mind, if you are looking to purchase a median priced home in Covina, CA and put 20% down you will need to save up $159,800 for the down payment and will need roughly $15,980 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 Covina the commission could be as much as $39,166. 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 4540 N Lark Ellen Ave

Last sold for $11,850,000 on December 23rd, 2020

December, 2020
Dec 23, 2020

Date

Sold (Public Records)

Public Records

$11,850,000

Price
January, 2020
Jan 10, 2020

Date

Expired

CRMLS: SB19083270

$11,999,999

Price
Jan 9, 2020

Date

Withdrawn

CRMLS: SB19083270

$11,999,999

Price
Oct 15, 2019

Date

Pending

CRMLS: SB19083270

$11,999,999

Price
Jul 23, 2019

Date

Active Under Contract

CRMLS: SB19083270

$11,999,999

Price
Jun 22, 2019

Date

Price Change

CRMLS: SB19083270

$11,999,999

Price
May 29, 2019

Date

Price Change

CRMLS: SB19083270

$12,999,999

Price
Apr 15, 2019

Date

Active

CRMLS: SB19083270

$13,999,999

Price
Listing provided courtesy of CRMLS

We are pleased to present this unique opportunity to acquire forty-four two bedroom one bathroom units situated in the thriving Covina market. This asset extends the opportunity for a new investor to capitalize on healthy current rents with nearly 20% upside potential. The owner has meticulously maintained the property, it is in outstanding condition. The building features an abundance of parking (88 spaces). Lush landscaping throughout, inviting pool and spa area, separate barbecue pit and a relaxing gazebo within the common area. Large laundry room which produces significant income. The asset is situated within walking distance to Northview High School and Lark Ellen Elementary school. This outstanding location is also in close proximity to many other local amenities and freeways.

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August, 2019
Aug 26, 2019

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 4540 N Lark Ellen Ave

Assessed Value (2020): $2,897,895

Year	Land Value	Improved Value	Assessed Value
2020	$697,631	$2,200,264	$2,897,895

About 4540 N Lark Ellen Ave

Detailed summary of property

4540 N Lark Ellen Ave is categorized with a use code of Apartment House (5+ Units) in Covina, CA 91722 and last sold on December 23, 2020 for $11,850,000. This property has -- bedrooms, -- bathrooms, roughly 35,746 living square feet, and sits on an approximately 60,199 square foot lot. Homes 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 1412.8% higher than the current median priced home. 4540 N Lark Ellen Ave was last sold on December 23, 2020 for $11,850,000. Local nearby listings include 1543 E Eckerman Ave, 16150 E Queenside Dr and 709 S Azusa Ave #K. The average home in Covina, CA is selling in 51 days. There are currently 105 homes for sale in the Covina real estate market and 77 of them are single family homes while 17 of them are condos and 11 are townhomes. If you are the homeowner and looking to sell the home at 4540 N Lark Ellen Ave Covina, CA 91722 contact Ardent Real Estate Group and we will put you in touch with one of our Covina agents.

Public Facts for 4540 N Lark Ellen Ave

Public county record property details

Beds: --
Baths: --
Year built: 1984
Sq. Ft.: 35,746
Lot Size: 60,199
Stories: --

Type: Apartment House (5+ Units)
Pool: Yes
Spa: No
County: Los Angeles
Lot#: 1,2
APN: 8420-006-016

The source for these homes facts are from public records.

91722 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$730,000

Median List Price/Sq.Ft.

$488

Median Sold Price

$750,000

Median Sold Price/Sq.Ft.

$530

Total Inventory

Median Sale to List Price %

98.81%

Avg Days on Market

Loan Type

Conventional (68.75%), FHA (0%), VA (0%), Cash (0%), Other (25%)

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(714) 706-1823

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