We are pleased to exclusively offer for sale a remarkable investment opportunity in the city of Covina, 5 pride of ownership units constructed in 1985. The unit mix includes four 2-bedroom/1.5-bathroom two-story town-house style units, each offering two levels of living space, and one oversized 1-bedroom/1-bathroom unit. Collectively, these units comprise 4,486 rental square feet on a well-proportioned 10,201 square foot lot. The property boasts a solid 5.56% CAP rate and a 12.73 Gross Rent Multiplier, underlining its profitability and investment appeal.
Each unit is equipped with central air conditioning and heating, ensuring comfort year-round. Tenants also benefit from private garage and open space parking (13 spaces total), private patios, and interior laundry hookups. Each unit amenity enhances desirability and tenant satisfaction. This investment represents a unique opportunity to acquire a stable, high-yield asset in Covina, ideal for investors seeking a property with both immediate returns and long-term growth potential.
Sold for $1,575,000
Listing Provided by: RE/MAX 2000 REALTY
Bought with: RE/MAX 2000 REALTY
$1,575,000
219 W Center St, Covina, CA 91723
9beds
9baths
4,486sqft
Multi Family
Built in 1985
-- sqft lot
$1,559,400 Zestimate®
$351/sqft
$2,662 Estimated rent
Home value
$1,559,400
$1.40M - $1.73M
$2,662/mo
Zestimate® history
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$10,057/mo
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Private patiosInterior laundry hookups
Zillow last checked:
Listing updated:
Listing Provided by:
Kristopher German DRE #01800021 909-645-0443,
RE/MAX 2000 REALTY
Bought with:
Kristopher German, DRE #01800021
RE/MAX 2000 REALTY
Source: CRMLS,MLS#: CV25015027
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 9
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Washer Hookup, Inside
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,486
- Total interior livable area: 4,486 sqft
Property
Parking
- Total spaces: 13
- Parking features: Assigned, Garage
- Garage spaces: 8
- Uncovered spaces: 5
Features
- Entry location: Ground
- Pool features: None
- Spa features: None
- Fencing: Brick
- Has view: Yes
- View description: None
Lot
- Size: 10,204 sqft
- Features: 0-1 Unit/Acre
Details
- Parcel number: 8444002030
- Zoning: CVR3-RD1250*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Foundation: Slab
- Roof: Tile
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & neighborhood
Community
- Community features: Gutter(s), Street Lights, Sidewalks
Location
- Region: Covina
Other
Other facts
- Listing terms: Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2025 | Sold | $1,575,000$351/sqft |
Source:  CRMLS #CV25015027 Report a problem | ||
| 2/3/2025 | Pending sale | $1,575,000$351/sqft |
Source: CRMLS #CV25015027 Report a problem | ||
| 1/22/2025 | Listed for sale | $1,575,000+511.7%$351/sqft |
Source: CRMLS #CV25015027 Report a problem | ||
| 10/7/2019 | Listing removed | $1,600 |
Source: Real Property Management East San Gabriel Valley CalBre:01904551 Report a problem | ||
| 9/30/2019 | Listed for rent | $1,600+28% |
Source: Zillow Rental Network Report a problem | ||
| 6/24/2018 | Listing removed | $1,250 |
Source: Zillow Rental Network Report a problem | ||
| 6/18/2018 | Listed for rent | $1,250 |
Source: Zillow Rental Network Report a problem | ||
| 1/23/2012 | Sold | $257,500$57/sqft |
Source: Public Record Report a problem | ||
| 11/5/2011 | Listed for sale | $257,500+13.3%$57/sqft |
Source: Keller Williams Rancho Cucamonga #C10116458 Report a problem | ||
| 10/19/2011 | Sold | $227,250-11.7%$51/sqft |
Source: Public Record Report a problem | ||
| 7/17/2011 | Listing removed | $257,500$57/sqft |
Source: Keller Williams Rancho Cucamonga #C10116458 Report a problem | ||
| 7/1/2011 | Listed for sale | $257,500-0.9%$57/sqft |
Source: Keller Williams Rancho Cucamonga #C10116458 Report a problem | ||
| 3/31/2011 | Listing removed | $259,950$58/sqft |
Source: Millenia Real Estate Services, Inc #C10116458 Report a problem | ||
| 11/13/2010 | Pending sale | $259,950$58/sqft |
Source: Millenia Real Estate Services, Inc #C10116458 Report a problem | ||
| 11/6/2010 | Listed for sale | $259,950-34.8%$58/sqft |
Source: Millenia Real Estate Services, Inc #C10116458 Report a problem | ||
| 10/21/2004 | Sold | $399,000+88.7%$89/sqft |
Source: Public Record Report a problem | ||
| 7/23/2002 | Sold | $211,500+51.6%$47/sqft |
Source: Public Record Report a problem | ||
| 10/1/1997 | Sold | $139,500$31/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,441 +4.4% | $323,419 +2% |
| 2024 | $4,253 +1.5% | $317,079 +2% |
| 2023 | $4,192 +1.3% | $310,863 +2% |
| 2022 | $4,137 +1.5% | $304,768 +2% |
| 2021 | $4,077 +1.3% | $298,793 +1% |
| 2020 | $4,025 | $295,731 +2% |
| 2019 | $4,025 +6.9% | $289,934 +2% |
| 2018 | $3,767 | $284,250 +2% |
| 2017 | $3,767 +1.9% | $278,678 +2% |
| 2016 | $3,698 +3.7% | $273,215 +1.5% |
| 2015 | $3,567 +4.2% | $269,112 +2% |
| 2014 | $3,424 | $263,841 +14% |
| 2012 | -- | $231,540 +2% |
| 2011 | -- | $227,000 -15.3% |
| 2010 | -- | $268,000 -7.5% |
| 2009 | -- | $289,700 -31.6% |
| 2008 | -- | $423,420 +2% |
| 2007 | -- | $415,119 +2% |
| 2006 | -- | $406,980 |
| 2005 | -- | $406,980 +88.9% |
| 2004 | -- | $215,447 +1.9% |
| 2003 | -- | $211,500 +40.3% |
| 2002 | -- | $150,778 +4% |
| 2000 | -- | $144,925 |
Find assessor info on the county website
Neighborhood: 91723
Nearby schools
GreatSchools rating
- 4/10Workman Avenue Elementary SchoolGrades: K-5Distance: 0.9 mi
- 4/10Traweek Middle SchoolGrades: 6-8Distance: 0.7 mi
- 7/10Covina High SchoolGrades: 9-12Distance: 0.5 mi
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Estimated market value
$1,559,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,559,400
- California
- Los Angeles County
- Covina
- 91723
- 219 W Center St
Nearby cities
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