SOLD 01/05/2024
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Commercial sold for $1,790,000 in 115 days
143 N Grandview Ave Covina, CA, 91723
Off the market Other
NEW PRICE!!! Private Seller Financing Available! We are pleased to offer for sale this 6 unit multi-family investment property in the city of Covina. The units are comprised of 4 spacious two-story townhouse style units, and 2 traditional style apartment units for a total rental square footage of 5,762 SqFT. The unit mix consists of 4(2 Bed/1.5 Bath) two-story townhouses, 1(2 Bed/1 Bath), & 1(1 Bed/1 Bath). Tenants pay for electricity & gas while the owner is responsible for water and trash. The property boasts convenient onsite garage and open space parking, as well as an onsite laundry facility, (although temporarily closed by the owner) providing an opportunity for additional income once operational. Although the owner has done a commendable job managing rental increases, there remains untapped potential for growth and increased cash flow. Seller private financing terms; 30% down payment, 7% interest only payments, due in 10 years.
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Property details
5,762 sqft interior area
Land area
7,925 sqft (0.18 acres)
Address
143 N Grandview Ave, Covina, CA, 91723
City of California
Covina
County
Los Angeles
Previous price
$1,895,000
Year Built
1962
District
Listing
Nearby major retailers
Costco
Lowe's
ALDI
Albertsons
Aldi
Trader Joe's
T-Mobile
Walmart Supercenter
Walmart Neighborhood Market
Wholesale: 2
Do it yourself: 2
Supermarket: 12
Mobile phone: 2
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Listed by
Kristopher German, RE/MAX 2000 REALTY
Name
Kristopher German
License number
01800021
Brokerage company
RE/MAX 2000 REALTY
MLS #
CRCV23171931
Buyer agent
Name
Andre Verastegui
Brokerage company
NORTH ROCK REAL ESTATE
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Calculate your monthly payments
Mortgage
$5,496
Taxes
$0
HOA dues
$0
Mortgage
$358,000 / 20%
2.28%
30 years
Your amount
$5,496 / month
Lot details
TMK #8429029005
Parcel nr.
8429029005
91723 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 91723
41%
Families with children
National average: 39%
23%
Non family households
328,892
Population
$95,430
Average Income
Age & gender
Median age 37 years
More info
Commute types
89% commute by car
More info
Education level
26% have high school education
More info
Number of employees
3% work in education and healthcare
More info
Vehicles available
36% have 2 vehicle
More info
Vehicles by gender
36% have 2 vehicle
More info
Housing market insights for
$812.54k
Neighborhood average
sales price*
sales price*
$757k
Neighborhood median
sales price*
sales price*
453
Number
of sales*
of sales*
Housing type
64% are single detacheds
More info
Rooms
37% of the houses have 4 or 5 rooms
More info
Bedrooms
64% have 2 or 3 bedrooms
More info
Owners vs Renters
65% are owners
More info
10.33 / 20
Below Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Jan 5, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jan 5, 2024 | Sold | $1,790,000 | 0 | Public Record |
| Jan 5, 2024 | Price Decrease | $1,790,000 -2.98% | 0 | MLS #CRCV23171931 |
| Dec 6, 2023 | Pending | $1,845,000 | 0 | MLS #CRCV23171931 |
| Nov 16, 2023 | For sale | $1,845,000 | 0 | MLS #CRCV23171931 |
| Oct 24, 2023 | Unavailable | $1,845,000 | 0 | MLS #CRCV23171931 |
| Oct 11, 2023 | Price Decrease | $1,845,000 -2.64% | 0 | MLS #CRCV23171931 |
| Sep 13, 2023 | New Listing | $1,895,000 | 0 | MLS #CRCV23171931 |
Taxes of 143 N Grandview Ave, Covina, CA, 91723
CVR3 zoning / MLS #CRCV23171931
Zoning
CVR3
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Frequently Asked Questions about 143 N Grandview Ave
What is 143 N Grandview Ave?
143 N Grandview Ave is a Commercial/Industrial propertywith 5,762 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
143 N Grandview Ave, Covina, CA, 91723.
What comparable properties are nearby?
Comparable nearby commercial properties include 663 E Ruddock St, 845 E Edna Pl, 316 E Orlando Way, 607 S Barranca Ave, 233 W Badillo St, 1463 N Hollenbeck Ave.
Based on information from the bridgeMLS as of 05-18-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Jan 05, 2024
Verhouse Last checked less than a minute ago
The closest grocery stores are Vons, 0.45 miles away and Baja Ranch Market, 0.8 miles away.
The 91723 zip area has a population of 328,892, and 41% of the families have children. The median age is 37.77 years and 89% commute by car. The most popular housing type is "single detached" and 65% is owner.
