15 days on rocket

637 E Ruddock St, Covina, CA, 91723

$1,475,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo
Schools Nearby

Location

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637 E Ruddock St, Covina$1,475,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned
Year Built1962
MLS #AR24096337
Lot Size0.17 Acres
StatusActive

About 637 E Ruddock St

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.

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Stories: 2

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Email: matt.ly@cbcnrt.com
  • Listing Agent: Matt Cuong Ly

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

School Info

Assigned Schools Information:

  • South Hills High School, Public District Grades 9-12
  • Sierra Vista Middle School, Public District Grades 6-8
  • Ben Lomond Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Barranca Ave. & San Bernadino Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,475,000

Tax Information:

  • Annual Amount: $7,913
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$747K

Med. Price/SqFt

$507

Avg. Days On Market

16

# of Sold Homes

37

637 E Ruddock St vs Covina

15 DAYS ON ROCKET

-1 Day

$1,475,000

+$728K More

KEY TAKEAWAY

This property is $728K more than the Median Sold Price in Covina, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #AR24096337

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Email: matt.ly@cbcnrt.com
  • Listing Agent: Matt Cuong Ly

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: 6/1/2024, 7:20:37 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 21, 2000Home Sold
$330,000
Aug 13, 1990Home Sold
$440,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,913$468,558
2020$7,760$463,754
2019$7,416$454,662
2018$7,238$445,748
2017$7,238$437,009

History based on county public records data.

Payment Calculator

$7,429

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,489

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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.

Elementary School

school-card-donut-6617336
7
/10
  • Ben Lomond Elementary School

  • 621 E Covina Blvd

  • 0.70 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6617337
5
/10
  • Sierra Vista Middle School

  • 777 E Puente St

  • 0.55 miles

  • Public District Grades 6-8

High School

school-card-donut-6617338
7
/10
  • South Hills High School

  • 645 S Barranca St

  • 1.92 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,579. Residents of Covina, CA typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 637 E Ruddock St

What is the listing price of this property?

The listing price of 637 E Ruddock St property is $1,475,000.

What type of property is this?

The property 637 E Ruddock St is a condo located in Covina, California, 91723.

Is this property for sale now?

Active Listing: 637 E Ruddock St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 637 E Ruddock St are:
Ben Lomond Elementary School: GreatSchools Rating 7/10
Sierra Vista Middle School: GreatSchools Rating 5/10
South Hills High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,913 (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 21, 2000 for $330,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 637 E Ruddock St is 1962.

Rocket HomesCaliforniaLos Angeles CountyCovina91723637 E Ruddock St

This home is located at 637 E Ruddock St in Covina, CA and zip code 91723 in the The San Gabriel Valley neighborhood. This home, which was built in 1962, sits on a 0.17 acre lot. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $1,475,000.

Covina, CA housing market in April 2024 saw over 25 listings sold above listed price, more than 3 sold at listed price and over 9 sold below. The inventory of homes for sale in Covina, CA between March 2024 and April 2024 increased by 0.9%. In April 2024, listings were on the market for 16 days. During the same period, the median list price in this real estate market was $747,000.

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

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