544 N Rimsdale Ave, Covina, CA 91722
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544 N Rimsdale Ave Covina, CA 91722

$6,499,000
  • -- Beds
  • -- Baths
  • 26,520 Sq.Ft.
For Sale
$6,499,000 Get Pre-Qualified

Map preview of 544 N Rimsdale Ave, Covina, CA 91722

Property Overview: 544 N Rimsdale Ave Covina, CA has -- bedrooms, -- bathrooms, 26,520 living square feet and 46,544 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 1. Centrally located in the city of Covina, surrounded by many amenities. Free stand building with one acre gated lots for various uses. 2. Street frontage with excellent visibility from USPS, newly renovated office and show rooms. 3. This property offers a golden opportunity for many potential developments such as central kitchen, food processing facility with cold storage , body shops and more, subject to a Conditional Use Permit (CUP). This presents a unique investment opportunity in a highly sought-after location.

Listed by LING YANG | BRE #02148345 | RE/MAX Galaxy
Co-listed by Wei Jin | BRE #02169359 | RE/MAX Galaxy
Last checked: 12 minutes ago | Last updated: April 10th, 2024 | Source CRMLS | DOM: 17
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Home details

Lot Sq. Ft
46,544
HOA Dues
$0/mo
Year built
1975
Garage
--
Property Type:
Warehouse
Status
Active
MLS#
WS24068260
City
Covina
County
Los Angeles
Time on Site
22 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 544 N Rimsdale Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 8434001023
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: N Azusa Ave. turn left onto W San Bernardino Rd turn right onto N Rimsdale Ave
View more facts & features

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Sale History for 544 N Rimsdale Ave

Last sold for $5,300,000 on June 1st, 2022
  • April, 2024

  • Apr 9, 2024

    Date

    Active

    CRMLS: WS24068260

    $6,499,000

    Price

  • June, 2022

  • Jun 1, 2022

    Date

    Sold

    CRMLS: CV22001094

    $5,300,000

    Price

  • Jan 3, 2022

    Date

    Active

    CRMLS: CV22001094

    $5,380,000

    Price

  • Listing provided courtesy of CRMLS

    Built in 1975, this CVM1 Zoned Warehouse is an excellent investment or space for an owner user. The 26,520 sqft warehouse sits on over an acre of land and is secured by a fenced yard. The building features approximately 2,500 sqft of office spaces, 3 grade level doors, 10' & 15' ceiling clearance, and parking for 13 cars. Centrally located in Covina with close proximately to the 10 & 210 Freeways.

  • March, 2019

  • Mar 11, 2019

    Date

    Sold (Public Records)

    Public Records

    $3,400,000

    Price

  • August, 2004

  • Aug 13, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 544 N Rimsdale Ave

Assessed Value (2020): $2,805,000
Year Land Value Improved Value Assessed Value
2020 $1,530,000 $1,275,000 $2,805,000

Home Value Compared to the Market

This property vs the competition

544 N Rimsdale Ave is listed 766.53% higher than the median list price for the city of Covina which has a median list price of $750,000. The median price per/sqft for Covina is $480 and this home is listed at $245.06 per/sqft which puts the price per square foot 48.95% lower than the median price per square foot for the city of Covina.

About 544 N Rimsdale Ave

Detailed summary of property

544 N Rimsdale Ave is a warehouse located in Covina, CA 91722 and is currently for sale. This warehouse offers -- bedrooms, -- bathrooms, roughly 26,520 living square feet, and sits on an approximately 46,544 square foot lot. 544 N Rimsdale Ave was first listed on ArdentRealEstateGroup.com on April 10, 2024. The homeowner is currently asking $6,499,000. The median priced home in Covina is $750,000 with a median price per square foot of $480. Based on Ardent Real Estate Group's Covina Market Data, this home is listed 766.53% higher than the median priced home. Local competing homes currently for sale include 1600 Long Beach Blvd, 452 Victoria St and 417 Main St. While the average home in Covina, CA is selling in 56 days, 544 N Rimsdale Ave has a days on market of 17 days. There are currently 100 homes for sale in the Covina real estate market and 70 of them are single family homes while 20 of them are condos and 10 are townhomes. For more information on this home for sale at 544 N Rimsdale 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 544 N Rimsdale Ave

Public county record property details
Beds
--
Baths
--
Year built
1975
Sq. Ft.
26,520
Lot Size
46,522
Stories
1
Type
Manufacturing (Light)
Pool
No
Spa
No
County
Los Angeles
Lot#
4,6
APN
8434-001-023

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
$729,900
Median List Price/Sq.Ft.
$495
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$564
Total Inventory
44
Median Sale to List Price %
101.45%
Avg Days on Market
15
Loan Type
Conventional (52.38%), FHA (9.52%), VA (0%), Cash (23.81%), Other (9.52%)

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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.