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Sold for $1,312,500
  • Listing Provided by: 

    Matt Cuong Ly DRE #01441481 matt.ly@cbcnrt.com,

    Coldwell Banker Realty

    Bought with: Coldwell Banker Realty
    $1,312,500

    637 E Ruddock St, Covina, CA 91723

    11beds
    7baths
    5,102sqft
    Multi Family
    Built in 1962
    -- sqft lot
    $1,308,700 Zestimate®
    $257/sqft
    $2,676 Estimated rent

    Home value

    $1,308,700

    $1.20M - $1.43M

    $2,676/mo

    Zestimate® history
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    $2,676/mo

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    $8,264/mo

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    $8,264/mo

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    What's special

    Welcome to 637 E. Ruddock St., a remarkable 6-unit multifamily property nestled in the heart of Covina, CA. Boasting a diverse mix of residences including one 1Bed+BBath, four 2Bed+1Bath, and one 2Bed+2Bath units, along with six convenient tuck-under parking spaces, this property is an exceptional investment opportunity. Priced attractively at the lowest price per unit ($245,000) and boasting a favorable GRM (13.33), this property presents undeniable value and significant upside potential in Covina's dynamic real estate market. Spanning 5,102 square feet of rental space on a spacious 7,476 square foot lot, this meticulously designed property caters to the demands of modern living. Each unit is equipped with separate meters for electricity and gas, ensuring streamlined utility management and cost efficiency for both landlord and tenants alike. Residents will appreciate the added conveniences of on-site laundry facilities and easily accessible alley access parking, enhancing the overall appeal of the property. Situated mere minutes away from the bustling "Downtown" Covina area, tenants enjoy effortless access to an array of shopping, dining, and entertainment options, further elevating the desirability of this investment. Don't miss out on this prime opportunity to own a lucrative piece of Covina's real estate landscape. Schedule your viewing today and secure your foothold in this thriving market.

    Zillow last checked: 7 hours ago

    Listing updated: July 11, 2024 at 02:10pm

    Listing Provided by:

    Matt Cuong Ly DRE #01441481 matt.ly@cbcnrt.com,

    Coldwell Banker Realty

    Bought with:

    Matt Cuong Ly, DRE #01441481

    Coldwell Banker Realty

    Source: CRMLS,MLS#: AR24096337MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 7
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 5,102
    • Total interior livable area: 5,102 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Assigned
    • Carport spaces: 6
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 7,478 sqft
    • Features: 6-10 Units/Acre
    Details
    • Parcel number: 8429012025
    • Zoning: CVRD2000*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1962

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Urban
    Location
    • Region: Covina

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    7/11/2024Sold$1,312,500-11%$257/sqft
    Source: CRMLS #AR24096337 Report a problem
    6/8/2024Pending sale$1,475,000$289/sqft
    Source: CRMLS #AR24096337 Report a problem
    5/31/2024Listed for sale$1,475,000$289/sqft
    Source: CRMLS #AR24096337 Report a problem
    5/23/2024Contingent$1,475,000$289/sqft
    Source: CRMLS #AR24096337 Report a problem
    5/17/2024Listed for sale$1,475,000$289/sqft
    Source: CRMLS #AR24096337 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 91723

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,308,700
    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
    $1,308,700