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512 E Hurst St, Covina, CA 91723
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512 E Hurst St Covina, CA 91723

$1,690,000 Sold Price as of 05/25/2022
  • 10 Beds
  • 7 Baths
  • 4,918 Sq.Ft.
Sold
$1,690,000 Sold Price as of 05/25/2022 Refinance Your Mortgage
Map preview of 512 E Hurst St, Covina, CA 91723

Property Overview: 512 E Hurst St Covina, CA has 10 bedrooms, 7 bathrooms, 4,918 living square feet and 7,443 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Well maintained 6-unit property located in Covina. Units consist of one 3 bedroom/2 bath, two 2 bedroom/1 bath and three 1 bedroom/1 bath. Property has recent upgrades that includes new windows, roof, asphalt and paint. There are 6 carports on the property. The property is within walking distance to downtown Covina which offers shopping and dining. Conveniently located within walking distance to the Metrolink Station and near the 210, 10, and 57 freeways. Each unit is separately metered for gas and electricity. The property has a central laundry facility that provides additional monthly income. This is a great investment for a first-time investor or a seasoned investor looking to add a prime location to their portfolio.

Listed by BRIAN VOSBERG | BRE #01398088 | VOSBERG & ASSOCIATES
Last checked: 12 minutes ago | Last updated: October 1st, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
7,443
HOA Dues
$0/mo
Year built
1958
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
CV22061666
City
Covina
County
Los Angeles
Time on Site
782 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
  • # of Electric Meters: 7
  • # of Gas Meters: 7
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $88,200
  • Net Operating Income: $59,990
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $28,210
  • Electric: $696
  • Gas/Fuel: $464
  • Trash: $2,544
  • Insurance: $2,448
  • Professional Management: $0
  • Water/Sewer: $2,667

Property Details for 512 E Hurst St

Interior Features
Laundry Information
  • Has Laundry
  • Community
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: Cul-De-Sac, Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 8429008026
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: East of Barranca, South of Cypress
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Covina Agent

Sale History for 512 E Hurst St

Last sold for $1,690,000 on May 25th, 2022

  • May, 2022

  • May 25, 2022

    Date

    Sold

    CRMLS: CV22061666

    $1,690,000

    Price

  • Mar 28, 2022

    Date

    Active

    CRMLS: CV22061666

    $1,650,000

    Price

  • March, 2022

  • Mar 26, 2022

    Date

    Active

    CRMLS: CV22060618

    $1,650,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent income producing property. 6 unit property consisting of three 2BD/1BA units and three 1BD/1BA units. 5 carport spaces. Very well maintained property. Laundry room provides additional income for owner.

  • August, 2008

  • Aug 27, 2008

    Date

    Sold (Public Records)

    Public Records

    $835,000

    Price

  • December, 1997

  • Dec 4, 1997

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 512 E Hurst St

Assessed Value (2020): $983,202
Year Land Value Improved Value Assessed Value
2020 $629,958 $353,244 $983,202

Home Value Compared to the Market

This property vs the competition

512 E Hurst St sold on May 25, 2022 for 126.03% 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 $335.5 per/sqft which puts the price per square foot 33.7% lower than the current median sale per square foot for the city of Covina.

About 512 E Hurst St

Detailed summary of property

512 E Hurst St is a multi family that recently sold in Covina, CA 91723. This multi family property offered 10 bedrooms, 7 bathrooms, roughly 4,918 living square feet, and sits on an approximately 7,443 square foot lot. 512 E Hurst St was first listed on ArdentRealEstateGroup.com on March 28, 2022. The homeowner sold the property for $1,690,000. 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 126.03% higher than the current median priced home. Local homes that are currently for sale include 2325 Angela St, 2325 Angela St and 648 Abbey Lane. While the average home in Covina, CA is selling in 48 days, 512 E Hurst St has a days on market of 10 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 512 E Hurst 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 512 E Hurst St

Public county record property details
Beds
9
Baths
7
Year built
1958
Sq. Ft.
4,918
Lot Size
7,443
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
8429-008-026

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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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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