This is a well-maintained four-unit complex, offering 2 bedrooms and 1 bathroom per unit. Corner lot! Each unit has access to one designated carport parking spaces, ensuring convenience for tenants. The rental income is stable, with long-term tenants in place, making it an attractive investment opportunity. Current total income: $7611 per month/ $91332 annual. owner pays for water, trash, hot water gas, pest control and gardening service, total average $630 per month. Building in very good shape; Hip Roof! Not flat roof!! Rain gutter installed. Freshly exterior painted enhancing its curb appeal and overall aesthetic. Stair and balcony inspections have been fully inspected and passed. The property also features a small garden, adding a touch of greenery to the living environment. Easy to manage and easy to rent out. Property offers excellent location with strong amenities. It is conveniently close to popular destinations like IKEA and McDonald’s many stores near by also close to Covina Valley Unified School District.
Drive by only. Do not disturb tenants. Thank you
Sold for $1,300,000
Listed by: Doubletree Realtors • JENIFER CHOW • Contact: 626-552-4188
Bought with: Compass
Tax assessed value
$1,300,000
131 N Vecino Dr, Covina, CA 91723
8beds
3,473sqft
Quadruplex
Built in 1959
-- sqft lot
$1,252,700 Zestimate®
$374/sqft
$5,014 Estimated rent
Home value
$1,252,700
$1.18M - $1.33M
$5,014/mo
Zestimate® history
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$8,303/mo
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Hip roofCorner lotSmall garden
Zillow last checked:
Listing updated:
Listed by:
JENIFER CHOW DRE #01181503 626-278-0946,
Doubletree Realtors
Bought with:
Sherry Carr, DRE #01486693
Compass
Source: CRMLS,MLS#: WS24201863
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 2
- Main level bedrooms: 4
Rooms
- Room types: Kitchen, Living Room
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: None
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 3,473 sqft
Property
Parking
- Total spaces: 4
- Parking features: Detached Carport
- Carport spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: main level
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 6,137 Square Feet
- Features: Level, Near Public Transit
Details
- Parcel number: 8429030042
- Zoning: CVR3-RD1250*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Covina
Financial & listing details
- Price per square foot: $374/sqft
- Tax assessed value: $1,300,000
- Annual tax amount: $16,975
- Date on market: 9/28/2024
- Cumulative days on market: 2 days
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2024 | Sold | $1,300,000$374/sqft |
Source:  CRMLS #WS24201863 Report a problem | ||
| 11/3/2024 | Pending sale | $1,300,000$374/sqft |
Source: CRMLS #WS24201863 Report a problem | ||
| 10/7/2024 | Contingent | $1,300,000$374/sqft |
Source: CRMLS #WS24201863 Report a problem | ||
| 9/29/2024 | Listed for sale | $1,300,000+46.7%$374/sqft |
Source: CRMLS #WS24201863 Report a problem | ||
| 9/26/2017 | Sold | $886,000-1.3%$255/sqft |
Source: Public Record Report a problem | ||
| 9/8/2017 | Pending sale | $898,000$259/sqft |
Source: Treeline Realty & Investment #AR17195944 Report a problem | ||
| 8/24/2017 | Listed for sale | $898,000+15.9%$259/sqft |
Source: Treeline Realty & Investment #AR17195944 Report a problem | ||
| 9/17/2015 | Sold | $775,000$223/sqft |
Source: Public Record Report a problem | ||
| 7/29/2015 | Pending sale | $775,000$223/sqft |
Source: CENTURY 21 Masters #CV15137359 Report a problem | ||
| 6/26/2015 | Listed for sale | $775,000+3.3%$223/sqft |
Source: CENTURY 21 Masters #CV15137359 Report a problem | ||
| 3/4/2015 | Listing removed | $749,888$216/sqft |
Source: RE/MAX MASTERS REALTY #CV14154704 Report a problem | ||
| 7/25/2014 | Listed for sale | $749,888$216/sqft |
Source: RE/MAX Masters #CV14154704 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,975 +31.9% | $1,300,000 +31.5% |
| 2024 | $12,870 +1.4% | $988,346 +2% |
| 2023 | $12,689 +1.3% | $968,968 +2% |
| 2022 | $12,526 +1.5% | $949,969 +2% |
| 2021 | $12,341 +1.3% | $931,343 +1% |
| 2020 | $12,179 | $921,794 +2% |
| 2019 | $12,179 +5.1% | $903,720 +2% |
| 2018 | $11,589 | $886,000 +12.1% |
| 2017 | $11,589 +10.8% | $790,500 +2% |
| 2016 | $10,461 +3.8% | $775,000 +202.7% |
| 2015 | $10,081 +152.3% | $256,065 +2% |
| 2014 | $3,996 | $251,050 +2.5% |
| 2012 | -- | $245,018 +2% |
| 2011 | -- | $240,214 +0.8% |
| 2010 | -- | $238,420 -0.2% |
| 2009 | -- | $238,987 +2% |
| 2008 | -- | $234,302 +2% |
| 2007 | -- | $229,709 +2% |
| 2006 | -- | $225,206 |
| 2005 | -- | $225,206 +4% |
| 2004 | -- | $216,463 +1.9% |
| 2003 | -- | $212,497 +2% |
| 2002 | -- | $208,331 +4% |
| 2000 | -- | $200,243 |
Find assessor info on the county website
Neighborhood: 91723
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Nearby schools
GreatSchools rating
- 7/10Ben Lomond Elementary SchoolGrades: K-5Distance: 0.9 mi
- 6/10Sierra Vista Middle SchoolGrades: 6-8Distance: 0.3 mi
- 8/10South Hills High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$1,252,700
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Estimated market value
$1,252,700
- California
- Los Angeles County
- Covina
- 91723
- 131 N Vecino Dr
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