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Key Details
Sold Price $1,450,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,545 sqft
Price per Sqft $409
MLS Listing ID AR24215917
Bedrooms 6
Full Baths 4
Year Built 1954
Lot Size 0.695 Acres
Property Description
Exceptional Income Opportunity in Covina! Discover the potential of this unique property featuring two separate houses on a spacious 30,000 sq.ft lot in the desirable city of Covina. Perfect for investors or homeowners looking to supplement their income or for an extended family.
The main house consists of 4 bedrooms, 2 baths approximately 2,345 sq ft, complete with a spacious living room, dining room, and family room. Step outside to a backyard oasis, perfect for entertaining, featuring a sparkling pool, above ground hot tub and a covered patio. The well-appointed rear house built in 2002 features 2 bedrooms, 2 baths, approximately 1,200 sq ft with open floor plan, formal dining room, living room with a cozy fireplace, central air & heat, tile flooring with a 2-car attached garage. The large backyard is ideal for relaxation or outdoor activities. Each house has its own separate electric and gas meter. Additional features include a large 1,200 sq ft garage which presents the potential for conversion into an Accessory Dwelling Unit (ADU) adding even more value to this property. There is a bonus room, kitchenette and 3/4 bath attached. Plenty of RV parking and multiple RV hook ups. The possibilities are endless with the option to split the lot and create two single-family homes, two ADUs, and two junior ADUs. This property is ideal for car collectors. Located within the sought-after Charter Oak school district, this property is a rare find. Don't miss out on this fantastic opportunity to invest in your future!
Location
State CA
County Los Angeles
Area 614 - Covina
Zoning CVR17500*
Rooms
Other Rooms Guest House Detached, Shed(s)
Interior
Heating Central
Cooling Central Air
Flooring Laminate, Tile, Wood
Fireplaces Type Family Room, Gas Starter, Living Room, Wood Burning
Laundry Gas Dryer Hookup, Inside, In Garage, Laundry Room
Exterior
Exterior Feature Rain Gutters
Parking Features Door-Multi, Direct Access, Driveway Level, Door-Single, Driveway, Garage Faces Front, Garage, Oversized, Paved, Private, RV Access/Parking, One Space, Garage Faces Side, Tandem, Workshop in Garage
Garage Spaces 6.0
Garage Description 6.0
Fence Block, Wood
Pool In Ground, Private
Community Features Curbs, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Mountain(s)
Roof Type Composition
Building
Lot Description 2-5 Units/Acre, Back Yard, Front Yard, Lawn, Rectangular Lot, Street Level, Value In Land
Story 1
Foundation Raised
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Charter Oak Unified
Others
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard, Trust
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Bought with David Thi • Coldwell Banker Realty
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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