6 months on rocket

2601 E Valley Blvd, West Covina, CA, 91792

$32,000,000

0 Baths
Condo
Schools Nearby

Location

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Property Highlights

Home TypeCondominium
ParkingAssigned, Covered, Carport, Paved, Storage
Year Built1978
HeatingWall Furnace
CoolingWall/Window Unit(s)
FireplaceNone
ViewOther, Neighborhood
MLS #AR23208685
Lot Size5.23 Acres
StatusActive

About 2601 E Valley Blvd

Nestled on a sprawling 5-acre expanse of vibrant greenery, Cambridge Garden Apartments welcomes you to an extraordinary residential community. Offering a total of 76 units, this property boasts 40 spacious 1-bedroom + 1-bathroom apartments, each spanning 850 sq. ft., and 36 generously sized 2-bedroom + 2-bathroom units, covering 1,050 sq. ft. This is an compelling investment opportunity with significant upside potential. Its robust construction, scenic grounds, and comprehensive amenities make it an investor's dream come true. Seize this opportunity to invest in an exceptional property that combines quality, convenience, and profitability. Key Features includes: 5 Acres of Natural Beauty: Embrace the serenity of lush, meticulously landscaped surroundings. Enhanced Security: The property is equipped with a comprehensive 24-hour video surveillance system for your peace of mind. Ample Carport Parking: Benefit from plentiful carport spaces, including hanging storage units and spacious walk-in storage. Solid 1978 Construction: Built to enduring 1978 construction standards, ensuring longevity and reliability. Resort-Style Amenities: Dive into relaxation with a generously sized swimming pool, complete with a pool house and a refreshing outdoor shower. Modern Laundry Convenience: A brand-new on-site coin-operated laundry room enhances convenience for residents. Thoughtful Layout: The property is thoughtfully designed with five separate dual-level buildings, each accommodating 12 units, eliminating the need for costly elevators. Picturesque Garden Setting: All these features are nestled within beautifully landscaped gardens, creating an inviting atmosphere. Prime Location: Situated in the northwest corner of West Covina, Cambridge Garden Apartments is adjacent to the City of Walnut and provides convenient access to the 60 & 57 freeways. Cambridge Garden Apartments is your gateway to a prosperous future.

Property Details

Property Features

Property Information:

  • Year Built: 1978
  • Stories: 2

Listing Office:

  • Office Name: Lotus Property Services, Inc.
  • Office Email: vincent@lotuspropertyservices.net
  • Listing Agent: Vincent Medina

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Other, Neighborhood
  • Exterior: Lighting, Rain Gutters

Parking Information:

  • Parking: Assigned, Covered, Carport, Paved, Storage

Lot Features

Lot Information:

  • Lot Size: 5.23 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Nogales High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: I-605 S and CA-60 E to S Nogales St. Take exit 20 from CA-60 E. Nogales turns onto Valley Blvd. Property on right hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $32,000,000

Tax Information:

  • Annual Amount: $201,916
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in West Covina, CA.

Med. Sold Price

$799.1K

Med. Price/SqFt

$485

Avg. Days On Market

16

# of Sold Homes

41

2601 E Valley Blvd vs West Covina

180 DAYS ON ROCKET

+164 Days

$32,000,000

+$31.2M More

KEY TAKEAWAY

This property is $31.2M more than the Median Sold Price in West Covina, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #AR23208685

Listing Office:

  • Office Name: Lotus Property Services, Inc.
  • Office Email: vincent@lotuspropertyservices.net
  • Listing Agent: Vincent Medina

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/13/2024, 3:20:42 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 24, 2008Home Sold
$12,450,000

Tax History

YEARPROP. TAXASSESSMENT
2021$201,916$15,129,733
2020$195,471$14,953,045
2019$187,529$14,659,849
2018$182,573$14,372,402
2017$182,573$14,090,591

History based on county public records data.

Payment Calculator

$159.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$96K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-28173
5
/10
  • Nogales High School

  • 401 Nogales St

  • 0.38 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,483. The most common annual income of people living in West Covina, CA is between $35k-100k. The majority of families are married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2601 E Valley Blvd

What is the listing price of this property?

The listing price of 2601 E Valley Blvd property is $32,000,000.

What type of property is this?

The property 2601 E Valley Blvd is a condo located in West Covina, California, 91792.

Is this property for sale now?

Active Listing: 2601 E Valley Blvd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2601 E Valley Blvd are:
Nogales High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $201,916 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 24, 2008 for $12,450,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 2601 E Valley Blvd is 1978.
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Rocket HomesCaliforniaLos Angeles CountyWest Covina917922601 E Valley Blvd

This home is located at 2601 E Valley Blvd in West Covina, CA and zip code 91792 in the The San Gabriel Valley neighborhood. This home, which was built in 1978, sits on a 5.23 acre lot. It has been listed on Rocket Homes since November 15, 2023 and is currently priced at $32,000,000.

In April 2024 more than 28 listings in West Covina, CA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 11 were sold below. The number of listings in West Covina, CA increased by 4.5% between March 2024 and April 2024. In April 2024 median list price was $799,125 and the average listing age was 16 days.

From Rocket Homes Real Estate and based on county public records data.

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