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526 N 5Th Ave, Covina, CA 91723
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526 N 5Th Ave Covina, CA 91723

$790,000 Sold Price as of 03/17/2022
  • 3 Beds
  • 2.5 Baths
  • 1,352 Sq.Ft.
Sold
$790,000 Sold Price as of 03/17/2022 Refinance Your Mortgage
Map preview of 526 N 5Th Ave, Covina, CA 91723

Property Overview: 526 N 5Th Ave Covina, CA has 3 bedrooms, 2.5 bathrooms, 1,352 living square feet and 5,605 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Duplex income property (R3 zoning) is the first time on the market in city of Covina in decade Fantastic location for these two buildings on same lot. Beautiful tree lined street with many early 1900’s character homes. This Spanish style home boasts a large living room and spectacular fireplace with vintage tiles form the 1920’s era (see photos). Front house is 3 bedroom, 1.75 bath. The master bedroom has its own private .75 bath. Large kitchen with upgraded cabinets and built in range/cook top, with breakfast nook. There is also a large indoor service porch. The rear house is a bachelor with good size living room, .75 bath, and full kitchen and breakfast nook. The rear house has a small private fenced porch/yard and storage area. There is a single car garage on property but much room for additional parking off street as needed. Just a wonderful street and location and a real fine property. Easy access to metrolink, downtown of Covina, I-210.

Listed by CHIEN KUO | BRE #01921661 | KW Executive
Last checked: 6 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
5,605
HOA Dues
$0/mo
Year built
1925
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
WS21261608
City
Covina
County
Los Angeles
Time on Site
1012 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $21,000
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $650
  • Total Rent: $7,800
  • Pro Forma/Market Rent: $1,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $28,800
  • Net Operating Income: $18,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $10,000
  • Electric: $185
  • Gas/Fuel: $70
  • New Taxes: $8,000
  • Trash: $0
  • Insurance: $700
  • Maintenance: $1,000
  • Water/Sewer: $60

Property Details for 526 N 5Th Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Outside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Laminate
  • All Bedrooms Down
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Detached Carport, Driveway
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 8431018013
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Property is not Attached
  • Is a Senior Community
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: See google map
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Covina Agent

Sale History for 526 N 5Th Ave

Last sold for $790,000 on March 17th, 2022

  • March, 2022

  • Mar 17, 2022

    Date

    Sold

    CRMLS: WS21261608

    $790,000

    Price

  • Jan 3, 2022

    Date

    Active

    CRMLS: WS21261608

    $799,000

    Price

  • May, 2012

  • May 17, 2012

    Date

    Sold (Public Records)

    Public Records

    $310,000

    Price

  • April, 2012

  • Apr 12, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 526 N 5Th Ave

Assessed Value (2020): $356,030
Year Land Value Improved Value Assessed Value
2020 $241,183 $114,847 $356,030

Home Value Compared to the Market

This property vs the competition

526 N 5Th Ave sold on March 17, 2022 for 2% 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 $590.98 per/sqft which puts the price per square foot 17.72% higher than the current median sale per square foot for the city of Covina.

About 526 N 5Th Ave

Detailed summary of property

526 N 5Th Ave is a multi family that recently sold in Covina, CA 91723. This multi family property offered 3 bedrooms, 2.5 bathrooms, roughly 1,352 living square feet, and sits on an approximately 5,605 square foot lot. 526 N 5Th Ave was first listed on ArdentRealEstateGroup.com on December 12, 2021. The homeowner sold the property for $790,000. 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 2% higher than the current median priced home. Local homes that are currently for sale include 5486 Riverside Dr, 1655 E Woodbury Rd and 3606 W Valencia Dr. While the average home in Covina, CA is selling in 52 days, 526 N 5Th Ave has a days on market of 7 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 526 N 5Th Ave Covina, CA 91723 contact Ardent Real Estate Group and we will put you in touch with one of our Covina agents.

Public Facts for 526 N 5Th Ave

Public county record property details
Beds
4
Baths
2
Year built
1925
Sq. Ft.
1,392
Lot Size
5,604
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
8431-018-013

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%)

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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