SOLDSEP 29, 2023
Listed by Tyler Leeson, Marcus & Millichap RE Invest, (949) 419-3200 . Bought with MARCUS & MILLICHAP
1011 W Cypress St
Covina, CA 91722
22 Beds
19 Baths
11,867 sqft (on 0.39 acres)
- 22 Beds
- 19 Baths
- 11,867 sqft (on 0.39 acres)
$3,275,000
Last Sold: Sep 29, 2023
1% below list $3.3M
$276/sqft
Est. Refi. Payment $20,742/mo*
$3,275,000
Last Sold: Sep 29, 2023
1% below list $3.3M
$276/sqft
Est. Refi. Payment $20,742/mo*
22 Beds
19 Baths
11,867 sqft
(on 0.39 acres)
Homes for Sale Near 1011 W Cypress St
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NEW CONSTRUCTION0.27 ACRESDick K. Hong, Broker
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Local Information
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Description
This property is no longer available to rent or to buy. This description is from September 29, 2023
Cypress Villa is a 12-unit multifamily investment opportunity located in Covina, California. Cypress Villa features a highly desirable mix of 2, 1 bed/1 bath units, 3, 2 bed/1 bath units, 6, 2 bed/1.5 bath units, and 1, 2 bed/2 bath unit. Additionally, the property offers amenities including private patios and balconies (select units), an on-site laundry facility, gated access, a central courtyard, and ample tuck-under parking. Currently, only 25 percent of the units have undergone significant renovations. These unit improvements include fresh paint, hardwood flooring, granite countertops, upgraded cabinetry, new fixtures, modern ceiling fans, and recessed lighting, all of which have allowed current ownership to achieve a rental premium over non-renovated units. Furthermore, a new owner could potentially increase rental income through the continuation of the in-place renovation plan. Cypress Villa benefits from its fantastic Covina location, surrounded by single-family residential neighborhoods and in close proximity to attractive area amenities. Residents enjoy the property’s walkable access to Northview High School as well as an abundance of retailers and restaurants along Azuza Avenue. Additionally, Cypress Villa is located a short drive from the Covina Train Station as well as Interstates 10 and 210, providing convenient access to destinations throughout Southern California.
Home Highlights
Parking
18 Carport Spaces
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
$276/sqft
Listed
59 days ago
Home Details for 1011 W Cypress St
Interior Features |
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Beds & Baths Number of Bedrooms: 22Number of Bathrooms: 19 |
Appliances & Utilities Laundry: Community |
Windows, Doors, Floors & Walls Common Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: First Floor |
Exterior Features |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Carport Spaces: 18Number of Covered Spaces: 18Has a CarportNo GarageParking Spaces: 18Parking: Carport |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
Property Information |
|---|
Year Built Year Built: 1963 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 8420014057 |
Price & Status |
|---|
Price List Price: $3,300,000Price Per Sqft: $276/sqft |
Status Change & Dates Off Market Date: Wed Aug 09 2023 |
Active Status |
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MLS Status: Closed |
Location |
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Direction & Address City: Covina |
Building |
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Building Area Building Area: 11867 Square Feet |
Community |
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Community Features: Curbs, SidewalksNot Senior Community |
HOA |
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Association for this Listing: California Regional MLS |
Lot Information |
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Lot Area: 0.39 acres |
Listing Info |
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Special Conditions: Standard |
Compensation |
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Buyer Agency Commission: 2Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Rental |
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Has Rent Control |
Miscellaneous |
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Mls Number: OC23120817 |
Additional Information |
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CurbsSidewalks |
Last check for updates: about 15 hours ago
Listed by Tyler Leeson DRE #01451551, (714) 713-9086
Marcus & Millichap RE Invest
Bought with: Douglas McCauley DRE #01155706, (909) 456-3493, MARCUS & MILLICHAP
Originating MLS: California Regional MLS
Source: CRMLS, MLS#OC23120817
Price History for 1011 W Cypress St
| Date | Price | Event | Source |
|---|---|---|---|
| 09/29/2023 | $3,275,000 | Sold | CRMLS #OC23120817 |
| 08/09/2023 | $3,300,000 | Pending | CRMLS #OC23120817 |
| 07/31/2023 | $3,300,000 | Contingent | CRMLS #OC23120817 |
| 07/06/2023 | $3,300,000 | Listed For Sale | CRMLS #OC23120817 |
| 05/10/2021 | $3,030,000 | Sold | CRMLS #OC21013647 |
| 01/21/2021 | $3,500,000 | Pending | CRMLS #OC21013647 |
Comparable Sales for 1011 W Cypress St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.90 | Multi-Family Home | $2,670,000 | 08/08/23 | 10 | 10 | 7,222 | |
1.90 | Multi-Family Home | $1,990,000 | 08/01/23 | 16 | 13 | 7,154 | |
2.05 | Multi-Family Home | $2,460,000 | 09/01/23 | 10 | 10 | 6,188 | |
1.89 | Multi-Family Home | $1,790,000 | 01/05/24 | 11 | 10 | 5,762 | |
1.90 | Multi-Family Home | $2,023,000 | 09/08/23 | 12 | 8 | 5,308 | |
1.65 | Multi-Family Home | $1,549,000 | 05/18/23 | 6 | 6 | 4,193 | |
1.38 | Multi-Family Home | $850,000 | 03/29/24 | 6 | 2 | 2,117 | |
1.75 | Multi-Family Home | $1,525,000 | 06/27/23 | 6 | 6 | 3,894 | |
1.70 | Multi-Family Home | $1,210,000 | 03/14/24 | 8 | 4 | 3,719 |
Assigned Schools
These are the assigned schools for 1011 W Cypress St.
- Cypress Elementary School
- K-5
- Public
- 612 Students
7/10GreatSchools RatingParent Rating AverageTHE CURRENT PRINCIPAL AT THIS SCHOOL IS THE MAIN REASON WHY I DONT RECOMMEND COMING HERE. SHE DOENST CARE ABOUT THE STUDENTS WELL BEING OR SAFETY, I HAVE EMAILED HER CALLED HER AND PERSONALLY WENT IN TO SPEAK WITH HER ABOUT ANOTHER CHILDS BEHAVIOR ( STUDENT HIT MY CHILD) IS DISRUPTIVE TO CLASS AND HER RESPONSE EVERYTIME WAS THAT THERE WAS NOTHING SHE COULD DO, AND OFFRED TO MOVE MY CHILD. SHE HAS NO COMMONSENCE WHEN IT COMES TO THE SAFETY OF THE STUDENTS, IVE SPOKE TO OTHER PARENTS AND SHE DOES NOT DISPLINE BULLIES.Parent Review11mo ago - Las Palmas Middle School
- 6-8
- Public
- 781 Students
7/10GreatSchools RatingParent Rating AverageMost (not all of them) of the teachers are lovely and caring, they try to make the subject interesting, and they do care about their students. The principal and the vice principal are cool too. The field trips are fantastic! I really do recommend this school, they try to make sure everyone is welcome and safe.Student Review1y ago - Northview High School
- 9-12
- Public
- 1305 Students
6/10GreatSchools RatingParent Rating AverageAs a parent of two young ladies that went there- Northview H.S. provided the academic rigor and support that is needed to propel young students toward college and future endeavors. The staff was always supportive and the overall energy that was felt by my children was inclusive and nurturing. This is a public school with a strong emphasis for academic success in all areas. The athletic programs here also rival many private schools in Southern California. I can say that my daughters thrived in and around this community school. I hope they continue to develop strong curriculum choices and keep meeting the needs of the diverse and varied community that attend Northview.Parent Review1y ago 
Check out schools near 1011 W Cypress St.
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What Locals Say about Covina
- Jerryalvarado
- Resident
- 2mo ago
"Covina offers the perfect blend of suburban tranquility and easy access to amenities. This city boasts something for everyone, making it a great place to call home. Covina's excellent schools create a strong foundation for young learners. Abundant parks provide endless opportunities for outdoor fun and community events foster a friendly neighborhood atmosphere. Life in Covina moves at a relaxed pace. The well-maintained streets contribute to a safe, quiet environment – ideal if you're seeking a respite from the urban hustle and bustle. With so many shopping centers nearby, you'll never have to go far to find what you need. Running errands is a breeze, leaving you more time to enjoy the city's other charms. Overall, Covina strikes a beautiful balance. Residents here enjoy a comfortable suburban lifestyle without sacrificing a sense of community or access to essential services and shops. If you're searching for a family-friendly city with a welcoming vibe, Covina is certainly worth considering. "
- Bull Slayer
- Resident
- 2mo ago
"The part of my neighborhood is quiet and the residents are very friendly and mostly considerate of others."
- Robdova12
- Resident
- 3mo ago
"Covina is pleasant over all but just like any other city it has its problems, homelessness, gang activity, break ins "
- Trulia User
- Resident
- 2y ago
"Very quiet and safe place to raise a family. Nice area and extremely well groomed . Loved growing up here"
- Jajimenez1988
- Resident
- 3y ago
"Covina is a great city and offers great schools. Quiet and respectful neighborhoods. Everything is close by. "
- Elisa L.
- Resident
- 3y ago
"Good city for families. Good schools too. I love Covina and it’s quiet and friendly. No issues with living here. "
- Trulia User
- Resident
- 3y ago
"nothing it's a family-friendly community and that includes our fur family I have pitbull mixes and people are actually very welcoming"
- Amy B.
- Resident
- 3y ago
"I've lived in this neighborhood for 8 years. Very safe and well kept. Neighbors are kind and friendly. "
- Adriana D.
- Resident
- 3y ago
"Street food events, car shows, concerts in the park, beer fest and holiday parade, bike events. Old town stores and restaurants to eat at "
- Dawn M. Z.
- Resident
- 3y ago
"famer market and family nights special help for education from community service and churches. as well as a local food bank. and park and rec center offer all kinds of stuff to learn and have fun together."
- Roseannarios
- Resident
- 3y ago
"Very centrally located. Not too far from public transportation. About 35 minutes from all directions."
- Annie M.
- Resident
- 3y ago
"I live here for 2 and 1/2 yrs and the city is nice to rise the kids I like mostly the schools ,Parks ,stores "
- Malena G.
- Resident
- 3y ago
"Old town covina is rocking. Lots of new restaurants. People tend to stay. It’s quiet. And the mall is near by. "
- Lauren Y.
- Resident
- 3y ago
"My commute is nice and peaceful knowing the neighborhood is well kept and cozy. I feel completely comfortable walking with my kids and dog. "
- Marta A. R.
- Resident
- 3y ago
"it's great for most the the city it's very well maintained . you don't have too much homeless people leaving in tents near business school. "
- Katrina C.
- Resident
- 3y ago
"Everyone walks their dogs day or night. There’s never been a problem with owners picking up poop. Dogs are welcomed in the city of Covina. "
- Cherylsiegelhappygirl
- Resident
- 3y ago
"Easy. I take streets. It’s close to many freeways. The streets are well maintained and everyone follows basic safety rules. "
- Sharon E.
- Resident
- 3y ago
"I grew up here. It was great living in a neighborhood where generations stay near their parents and grandparents. We knew most of the neighbors on a first name basis and they were always looking out for any kind of riff raff. "
- Roseannarios
- Resident
- 4y ago
"Downtown Covina has many restaurants and evening entertainment. Only a few blocks away. It’s very fun."
- Unspecified
- Resident
- 4y ago
"I’ve loved here for 20 years and have nothing but great things to say! Everything you could possibly need is nearby and plenty of free parking everywhere!!"
- Trulia User
- Resident
- 4y ago
"The schools in the area are great. Barranca, Sierra vista, and South Hills are awesome. Covina park is great and has events on holidays like Halloween and Easter. "
- Hanson.ken.james
- Resident
- 4y ago
"the commute depends on which direction you're driving. if you work easy of Covina the commute is a breeze. commuting to the West is much more difficult"
- Meladeec
- Resident
- 4y ago
"There are plenty of activities for families in the city. Everything is in close vicinity from one another."
- Sharon E.
- Prev. Resident
- 4y ago
"Low crime rate and friendly neighbors made Covina an attractive city to call home, with holiday parades and old towns shopping experience. "
- Prttygrlsmkgrv
- Resident
- 4y ago
"It’s a nice city - hometown USA. It has everything, shops , movies and restaurants. It’s close to a mall and the 210 and 10 freeway. Overall it’s a nice place to live."
- Jasil7
- Resident
- 4y ago
"Beautiful surroundings and central to most major cities and freeways. Lots of shopping centers and restaurants."
- Starec9
- Resident
- 4y ago
"Commute is really good. Traffic is decent. I’ve been living in the area for about 3 years and like how everything is easy to get to and have all amenities short distance. "
- Darla_0312
- Resident
- 4y ago
"Very easy to navigate and not much traffic. Moderate congestion at times but seldom. Friendly area and great place to raise a family. School system is a 7/10 some elementary schools are better then others but there are plenty to choose from. "
- Lizeth H.
- Resident
- 4y ago
"Christmas parades happen every december. Lots of events in the downtown area or park next to police station such as farmerms market"
- Heidi4health
- Resident
- 4y ago
"I love walking my dogs, and know other neighbors by their pets! I do not think there would be anybody who would not like it!"
- Chiripasanchez
- Resident
- 4y ago
"I just moved here and been living here for about 4 months and so far most people are friendly. The City is very clean and everything is very close by. They are many schools and many with great ratings. The parks are good a few need some TLC but they are in good condition. "
- Niveamike
- Resident
- 4y ago
"Farmers market. Many festival in Downtown Covina. Feel safe. It’s in the middle of everything. Stores downtown LA. It’s a great community "
- Martinezadri87
- Resident
- 4y ago
"I feel there are a lot of cats in the area which some dogs bark a lot at but that’s pretty much it. You rarely see a loose dog."
- Natalie N. A.
- Resident
- 4y ago
"It safe to walk your dog at any time area is clean and dogs are friendly and well trained. Everyone walking around is so nice and meet new people you talk to everyday. "
- Brianareneemoren
- Resident
- 4y ago
"It’s really nice and quiet and everything is so local such as stores markets the mall restaurants and bars "
- Heber U. L. G.
- Resident
- 4y ago
"my living area it's so good but we have no supermarket near to walk to. and it is so hard to get a parking idf u live in some apartments."
- IM
- Resident
- 4y ago
"Clean sidewalks. Public overnight parking is not free. No homeless walking around. Minimal vehicle thefts"
- Brandi S.
- Resident
- 4y ago
"Although I love it here and the schools are excellent there is a very high homelessness problem lately here in our city. "
- Queen10888
- Resident
- 4y ago
"It’s actually nice here. I enjoy jogging at the park near by (Bonelli park). There’s a walking/jogging path near by and you can do that basically at anytime of the day. I see my near by residents doing that with their dogs especially and I love that. It makes you feel that home kind of vibe. Vons and Walgreens are near by and you can pick up your groceries afterwards "
- Kevin00789
- Resident
- 4y ago
" nice area, some drug addicts walk around at night but yet still okay. a lot of traffic on the daily "
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST 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. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST 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. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Homes for Rent Near 1011 W Cypress St
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Off Market Homes Near 1011 W Cypress St
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- SOLDAPR 11, 2024Benjamin Kahle DRE # 01951554, Compass
- SOLDAPR 10, 2024
- SOLDAPR 9, 2024Jonghyeok Choi DRE # 02011547, Dream Realty & Investments Inc
- See more homes for sale inCovinaTake a look
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1011 W Cypress St, Covina, CA 91722 is a 22 bedroom, 19 bathroom, 11,867 sqft multi-family built in 1963. This property is not currently available for sale. 1011 W Cypress St was last sold on Sep 29, 2023 for $3,275,000 (1% lower than the asking price of $3,300,000). The current Trulia Estimate for 1011 W Cypress St is $3,433,200.