Sold for $1,020,000

Listed by: RE/MAX MASTERS REALTY • Lonnie Andre • Contact: 626-272-8546

Bought with: RE/MAX MASTERS REALTY

$1,020,000

206 N Grandview Ave, Covina, CA 91723

8beds

4baths

3,072sqft

Quadruplex

Built in 1959

-- sqft lot

$1,073,400 Zestimate^®

$332/sqft

$2,277 Estimated rent

Home value

$1,073,400

$1.02M - $1.13M

$2,277/mo

Zestimate^® history

Owner options

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$2,277/mo

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$2,277/mo

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$6,554/mo

Est. payment

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$6,554/mo

Est. payment

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What's special

Centrally located laundry roomDual pane windows

Welcome to Grandview Ave., we are proud to exclusively represent this well-kept 4-unit multifamily investment opportunity in the highly sought-after city of Covina. This property is comprised of 4 spacious 2-bedroom 1-bath units, with over 750 sqft. each. Each 2-bedroom unit offers a spacious and open floor plan. The property has a centrally located laundry room that can be used to generate additional income and increase the bottom line. Recent upgrades to the property includes granite counter tops in the kitchens an dual pane windows. The current rents are well below market rates, which could be a great upside for a savvy investor to greatly increase cash flow. The property is located in the South Hills school district providing residents kids with a great education. This area has a strong rental market with consistent demand and long-term stability. All the units are currently rented on month to month duration.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Rooms

Room types: Laundry

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Appliances

Included: Gas Range, Gas Water Heater
Laundry: Common Area

Features

Granite Counters
Flooring: Tile, Wood
Windows: Double Pane Windows
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 3,072
Total interior livable area: 3,072 sqft

Property

Parking

Total spaces: 7
Parking features: Carport
Carport spaces: 5
Uncovered spaces: 2

Features

Levels: Two
Stories: 2
Entry location: 1
Pool features: None
Spa features: None
Fencing: Chain Link,Wood
Has view: Yes
View description: Mountain(s)

Lot

Size: 7,695 Square Feet
Features: Near Park, Near Public Transit, Yard

Details

Parcel number: 8429030003
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex
Attached to another structure: Yes

Materials

Stucco
Roof: Composition,Shingle

Condition

Turnkey
New construction: No
Year built: 1959

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Community & HOA

Community

Features: Dog Park, Street Lights, Sidewalks, Park

Location

Region: Covina

Financial & listing details

Price per square foot: $332/sqft
Tax assessed value: $1,591,811
Annual tax amount: $20,418
Date on market: 3/17/2026
Cumulative days on market: 59 days
Listing terms: Cash,Cash to New Loan,Conventional
Total actual rent: 4
Tenant pays: Electricity, Gas

Price history

Date	Event	Price
6/8/2026	Sold	$1,020,000-7.2%$332/sqft
Source: CRMLS #CV26056663 Report a problem
5/18/2026	Contingent	$1,099,000$358/sqft
Source: CRMLS #CV26056663 Report a problem
5/15/2026	Price change	$1,099,000-4.4%$358/sqft
Source: CRMLS #CV26056663 Report a problem
4/24/2026	Price change	$1,150,000-4.1%$374/sqft
Source: CRMLS #CV26056663 Report a problem
4/3/2026	Price change	$1,199,000-4.1%$390/sqft
Source: CRMLS #CV26056663 Report a problem
3/17/2026	Listed for sale	$1,250,000$407/sqft
Source: CRMLS #CV26056663 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$20,418 +4.4%	$1,591,811 +2%
2024	$19,556 +609.7%	$1,560,600 +1298%
2023	$2,755 +1.1%	$111,634 +2%
2022	$2,726 +1.8%	$109,446 +2%
2021	$2,677 +0.8%	$107,301 +1%
2020	$2,655	$106,201 +2%
2019	$2,655 +9.3%	$104,119 +2%
2018	$2,430	$102,079 +2%
2017	$2,430 +2%	$100,078 +2%
2016	$2,382 +4.8%	$98,117 +1.5%
2015	$2,274 +2.6%	$96,644 +2%
2014	$2,217	$94,752 +2.5%
2012	--	$92,476 +2%
2011	--	$90,664 +0.8%
2010	--	$89,987 -0.2%
2009	--	$90,202 +2%
2008	--	$88,434 +2%
2007	--	$86,701 +2%
2006	--	$85,001
2005	--	$85,001 +4%
2004	--	$81,702 +1.9%
2003	--	$80,206 +2%
2002	--	$78,634 +4%
2000	--	$75,583