SOLD 05/02/2024
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Commercial sold for $2,287,500 in 58 days
638 E Badillo St Covina, CA, 91723
Off the market Other
Introducing a 7-unit property situated on a vast 2-parcel lot spanning 21,334 square feet. Constructed in 1988, this property is hitting the market for the first time in 27 years. The property is positioned in a prime location in Covina (East San Gabriel Valley) and it offers an exceptional unit mix featuring spacious 1, 2, and 3-bedroom units. Among these are (1) 3-bedroom + 2.5-bathroom townhouse-style unit, (2) 2-bedroom + 1.75-bathroom units, (2) 2-bedroom + 1-bathroom units, and (2) 1-bedroom + 1-bathroom units, all complete with enclosed garage parking. Tenants benefit from on-site laundry facilities and central A/C and heating, adding to the convenience of living in this well-maintained property. Sitting in a highly sought-after rental area, it stands as a trophy investment, surrounded by numerous schools, shops, restaurants, and parks within a short distance. The property is only subject to the statewide AB1482 Rent Ordinance.
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Property details
7,034 sqft interior area
Land area
21,334 sqft (0.49 acres)
Address
638 E Badillo St, Covina, CA, 91723
City of California
Covina
County
Los Angeles
Year Built
1988
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: 11
Mobile phone: 2
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Interior Features
—
Garage & Parking
Other, Uncovered Parking Space
Listed by
Shant Sherbetdjian, Remax Commercial and Investment Realty
Name
Shant Sherbetdjian
License number
01713570
Brokerage company
Remax Commercial and Investment Realty
MLS #
CL24365567
Buyer agent
Name
Subscriber Non
Brokerage company
Non-Participant Office
Payment calculator
Calculate your monthly payments
Mortgage
$7,024
Taxes
$0
HOA dues
$0
Mortgage
$457,500 / 20%
2.28%
30 years
Your amount
$7,024 / month
Lot details
TMK #8446008005
Parcel nr.
8446008005
91723 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
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no data
Supermarket
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no data
Costco
—
no data
Hospital
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no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
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
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Education level
25% have high school education
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Number of employees
3% work in education and healthcare
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Vehicles available
36% have 2 vehicle
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Vehicles by gender
36% have 2 vehicle
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Housing market insights for
$825.74k
Neighborhood average
sales price*
sales price*
$765k
Neighborhood median
sales price*
sales price*
451
Number
of sales*
of sales*
Housing type
65% are single detacheds
More info
Rooms
37% of the houses have 4 or 5 rooms
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Bedrooms
64% have 2 or 3 bedrooms
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Owners vs Renters
65% are owners
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10.83 / 20
Above 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 May 2, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| May 2, 2024 | Sold | $2,287,500 | 0 | Public Record |
| May 2, 2024 | Price Decrease | $2,287,500 -12.02% | 0 | MLS #CL24365567 |
| Apr 4, 2024 | Pending | $2,600,000 | 0 | MLS #CL24365567 |
| Mar 6, 2024 | New Listing | $2,600,000 | 0 | MLS #CL24365567 |
Taxes of 638 E Badillo St, Covina, CA, 91723
CVR3 zoning / MLS #CL24365567
Zoning
CVR3
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Frequently Asked Questions about 638 E Badillo St
What is 638 E Badillo St?
638 E Badillo St is a Commercial/Industrial propertywith 7,034 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
638 E Badillo St, Covina, CA, 91723.
What comparable properties are nearby?
Comparable nearby commercial properties include 663 E Ruddock St, 425 E Front St, 316 E Orlando Way, 607 S Barranca Ave, 233 W Badillo St, 1387 N Sunflower 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: May 02, 2024
Verhouse Last checked 7 minutes ago
The closest grocery stores are Vons, 0.36 miles away and Baja Ranch Market, 0.83 miles away.
The 91723 zip area has a population of 328,892, and 41% of the families have children. The median age is 37.89 years and 89% commute by car. The most popular housing type is "single detached" and 65% is owner.
