SOLD 05/09/2024
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Commercial sold for $1,525,000 in 84 days
645 S Eremland Dr Covina, CA, 91723
Off the market Other
Lee & Associates Apartment Advisors is pleased to present Eremland Apartments in Covina, CA. Located at 645 S. Eremland Drive, the five unit apartment community was built in 1956. The unit mix is comprised of two x one bedroom/one bath and three x two bedroom/one bath units. The property is located on a quiet cul de sac street and situated on a 7,105 square foot parcel. The units are separately metered and the on-site laundry machines are owned. A new central water heater was installed in 2022, and the staircase was recently replaced. The property is subject to AB 1482 state rent caps which allow for annual rent increases of a minimum of 5% and maximum of 10%. Long term tenants. Please do not disturb tenants or walk on property.
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Property details
3,690 sqft interior area
Land area
7,107 sqft (0.16 acres)
Address
645 S Eremland Dr, Covina, CA, 91723
City of California
Covina
County
Los Angeles
Year Built
1956
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
Listed by
Robert Leveen, Robert Leveen
Name
Robert Leveen
License number
01476685
Brokerage company
Robert Leveen
MLS #
CL24359121
Buyer agent
Name
Allen Quach
Brokerage company
CBD Investment Inc T.C.
Payment calculator
Calculate your monthly payments
Mortgage
$4,683
Taxes
$0
HOA dues
$0
Mortgage
$305,000 / 20%
2.28%
30 years
Your amount
$4,683 / month
Lot details
TMK #8451003026
Parcel nr.
8451003026
91723 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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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%
22%
Non family households
415,874
Population
$93,740
Average Income
Age & gender
Median age 37 years
More info
Commute types
89% commute by car
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Education level
26% have high school education
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Number of employees
2% work in education and healthcare
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Vehicles available
37% have 3 or more
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Vehicles by gender
37% have 3 or more
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Housing market insights for
$891.48k
Neighborhood average
sales price*
sales price*
$775k
Neighborhood median
sales price*
sales price*
400
Number
of sales*
of sales*
Housing type
67% are single detacheds
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Rooms
37% of the houses have 4 or 5 rooms
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Bedrooms
63% have 2 or 3 bedrooms
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Owners vs Renters
65% are owners
More info
14.33 / 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 9, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| May 9, 2024 | Sold | $1,525,000 | 0 | Public Record |
| May 1, 2024 | Pending | $1,525,000 | 0 | MLS #CL24359121 |
| Feb 16, 2024 | New Listing | $1,525,000 -1.61% | 0 | MLS #CL24359121 |
| Dec 20, 2023 | Withdrawn | $1,550,000 | 0 | MLS #CL23296825 |
| Dec 20, 2023 | Price Decrease | $1,550,000 -3.13% | 0 | MLS #CL23296825 |
| Aug 1, 2023 | New Listing | $1,600,000 | 0 | MLS #CL23296825 |
Taxes of 645 S Eremland Dr, Covina, CA, 91723
CVR3 zoning / MLS #CL24359121
Zoning
CVR3
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Frequently Asked Questions about 645 S Eremland Dr
What is 645 S Eremland Dr?
645 S Eremland Dr is a Commercial/Industrial propertywith 3,690 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
645 S Eremland Dr, Covina, CA, 91723.
What comparable properties are nearby?
Comparable nearby commercial properties include 316 E Orlando Way, 233 W Badillo St, 663 E Ruddock St, 845 E Edna Pl, 1463 N Hollenbeck Ave, 1387 N Sunflower Ave.
Based on information from the bridgeMLS as of 05-20-2024. 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 09, 2024
Verhouse Last checked 4 minutes ago
The closest grocery stores are Sprouts Farmers Market, 0.25 miles away and Walmart Supercenter, 0.32 miles away.
The 91723 zip area has a population of 415,874, and 41% of the families have children. The median age is 37.7 years and 89% commute by car. The most popular housing type is "single detached" and 65% is owner.
