453 S Barranca Ave
Covina, CA 91723

Bd   Ba   11,446 Sqft   31 Days
Great opportunity to purchase and own a stable asset with further income potential. Built in 1971, the property consists of a 10 unit building with garden courtyard situated on a 21,138-square foot lot with approximately 11,446 rentable square feet. The building has been owned and maintained by one owner for over 45 years offering the buyer a valued added opportunity to improve the property and thereby increase the low rents in this high-demand area. The subject property has a desirable mix of four 3 bedroom/2 bath apartments, and six 2 bedroom units with one or more baths. All units are individually metered for gas and electricity. Amenities include an on-site laundry facility, wall air conditioning units, carport parking, and plenty of street parking. Besides its convenient location next to 10 and 210 freeways, the apartment complex is just a few blocks away from downtown Covina and the Eastland shopping complex. Other notable locations near the subject property include Sierra Vista Junior High, Covina Metrolink Station, and Barranca Elementary. See supplement attached for more financial data....
  • $0 HOA
  • $192/Sqft
  • MLS#CV17193417 provided by MARK ANDERSEN of TEAM ANDERSEN, INC.
  • Movoto last checked CRMLS for new data 3 hours ago
  • CRMLS last updated this listing 4 weeks ago

Home Features for 453 S Barranca Avenue, Covina

Year Built: 1963
Lot Size Acres: 0.48
Lot Size Square Feet: 21139
Lot Size Units: Square Feet
Lot Size Area: 21139
Price Per Square Foot: 192.21
Tax Lot: 17
Tax Tract Number: 5296
New Taxes Expense: 26400
Parcel Number: 8445023023
Tax Census Tract: 4061.02
Special Listing Conditions: Standard
Standard Status: Active
Interior
Flooring: Tile
Exterior
Levels: Two
Foundation Details: Slab
Common Walls: 1 Common Wall
Building Area Units: Square Feet
Average 2nd Bedroom Area Units: Square Feet
Average Studio Area Units: Square Feet
Number Of Buildings: 1
Roof: Tile
Average 3rd Bedroom Area Units: Square Feet
Average 1st Bedroom Area Units: Square Feet
Building Area Total: 11446
Parking Features: Assigned
Carport Spaces: 12
Parking Total: 13
Garage Spaces: 1
Number Of Units Total: 10
Property Attached Y/N: 1
Amenities / Utilities
Trash Expense: 3150
Water Sewer Expense: 6200
Electric Expense: 1650
Laundry Features: Community
Community Features: Curbs, Gutters, Sidewalks
Pool Features: None
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Property History for 453 S Barranca Avenue, Covina

Status
Date
Price
Listed
Aug 22, 2017
$2,200,000
#CV17193417

Mortgage Rates for 453 S Barranca Avenue, Covina

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Real Estate Market Statistics for 453 S Barranca Avenue, Covina

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453 S Barranca Avenue

No data!
Covina
Covina
91723
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$2.2M

453 S Barranca Avenue

$557K

Covina

1% y/y

Covina

$530K

91723

0% y/y

91723

$564K

Covina

0% y/y

Covina

See all trends for Covina
453 S Barranca Ave in 91723 is currently listed for 2,200,000. As of today, , this is 290% above the median price of $564,444 for the city of Covina, CA and 315% above the median of $530,000 for ZIP code 91723. Right now, there are 19 properties for sale in 91723 and 96 properties listed for sale in Covina. Those 96 properties are made up of 73 single family homes and 23 condos. The square footage of 453 S Barranca Ave is approximately 11,446, which is 562% above the median size of 1,728 Sqft in Covina and 679% above the median size of 1,470 Sqft in ZIP code 91723. This property's price per square foot is $192, which is 49% below the $375 median in 91723 and 43% below the $334 Covina median.
Built in 1963, this multi family house at 453 S Barranca Ave is approximately 11,446 square feet and comes with 13 parking spots. It is listed on 08/22/2017 with a cost per Sqft of $192. 453 S Barranca Ave is located in the Covina neighborhood in the Covina-Valley Unified. The closest school is South Hills High School.

453 S Barranca Ave has been on the market for 31 days. The median days on the market for properties in this area is 37 with a median list price of $564,444 and median cost per square foot of $334. It's currently listed as active under the MLS #CV17193417.

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