Listed by Kristopher German, RE/MAX 2000 REALTY, (626) 956-0188 . Bought with RE/MAX 2000 REALTY
654 E Ruddock St
Covina, CA 91723
- 12 Beds
- 7 Baths
- 6,375 sqft
12 Beds
7 Baths
6,375 sqft
Local Information
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Description
JUST REDUCED! MOTIVATED SELLER! We are pleased to offer for sale this prime 6 unit multi-family investment nestled in the heart of the city of Covina. Priced at a 5% CAP Rate and 12.85 GRM (with about 30% upside in rental income) the subject property features a compelling unit mix of a Two-Story Townhouse with 2 Bedrooms/1.5 bathrooms, alongside five additional 2-Bedroom/1-Bathroom units. Spanning 6,375 square feet of rental space on an 8,148 square foot lot, the property has been thoughtfully designed to meet the needs of modern living. Each unit is separately metered for electricity and gas, providing ease of utility management and cost efficiency. Tenants are afforded the convenience of covered car-port parking and an onsite laundry facility, adding to the appeal of these units. Located just minutes from the vibrant "Downtown" Covina area, residents have easy access to a variety of shops, restaurants, and entertainment options, enhancing the rental attractiveness of this property. Perhaps most notably, this investment offers a significant opportunity for revenue growth, with a potential 30% upside in rental income. This combination of location, quality, and income potential makes this Covina property an enticing option for investors looking to expand their portfolio in a desirable market.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from May 15, 2024
Home Highlights
Parking
6 Carport Spaces
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 654 E Ruddock St
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Beds & Baths Number of Bedrooms: 12Number of Bathrooms: 7 |
Appliances & Utilities Laundry: Common Area,Inside |
Windows, Doors, Floors & Walls Common Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: 1 |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Carport Spaces: 6Number of Covered Spaces: 6Has a CarportNo GarageParking Spaces: 6Parking: Carport |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 28 |
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Year Built Year Built: 1962 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 8429033014 |
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Price List Price: $1,575,000 |
Status Change & Dates Off Market Date: Wed May 01 2024 |
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MLS Status: Closed |
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Direction & Address City: Covina |
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Building Area Building Area: 6375 Square Feet |
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Community Features: Curbs, Gutter(s), SidewalksNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 8148 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to New Loan |
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Expense Tenant Pays: Electricity, Gas |
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Has Rent Control |
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Mls Number: CV24065005Living Area Range Units: Square FeetAttribution Contact: 909-645-0443Common Interest: Community ApartmentUniversal Property Id: US-06037-N-8429033014-R-N |
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CurbsGutter(s)Sidewalks |
Last check for updates: about 7 hours ago
Listed by Kristopher German DRE #01800021, (909) 645-0443
RE/MAX 2000 REALTY
Bought with: Kristopher German DRE #01800021, (626) 427-0786, RE/MAX 2000 REALTY
Originating MLS: California Regional MLS
Source: CRMLS, MLS#CV24065005

Price History for 654 E Ruddock St
| Date | Price | Event | Source |
|---|---|---|---|
| 05/15/2024 | $1,625,000 | Sold | CRMLS #CV24065005 |
| 05/02/2024 | $1,575,000 | Pending | CRMLS #CV24065005 |
| 04/23/2024 | $1,575,000 | Listed For Sale | CRMLS #CV24065005 |
Comparable Sales for 654 E Ruddock St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Multi-Family Home | $1,975,000 | 06/27/25 | 16 | 14 | 7,876 | |
0.32 | Multi-Family Home | $1,050,000 | 11/10/25 | 8 | 4 | 3,464 | |
0.73 | Multi-Family Home | $1,475,000 | 10/30/25 | 8 | 6 | 3,672 | |
0.75 | Multi-Family Home | $1,820,000 | 04/15/26 | 10 | 8 | 4,798 | |
0.62 | Multi-Family Home | $1,350,000 | 02/04/26 | 8 | 4 | 3,719 | |
0.57 | Multi-Family Home | $1,130,000 | 08/14/25 | 6 | 5 | 3,564 | |
0.54 | Multi-Family Home | $3,150,000 | 08/29/25 | 13 | 12 | 8,673 | |
0.59 | Multi-Family Home | $1,400,000 | 11/12/25 | 6 | 5 | 2,910 | |
0.79 | Multi-Family Home | $1,200,000 | 09/30/25 | 7 | 6 | 4,130 | |
0.43 | Multi-Family Home | $870,000 | 02/13/26 | 10 | 4 | 1,796 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 654 E Ruddock St.
What Locals Say about Covina
At least 568 Trulia users voted on each feature.
87 % Say it's dog friendly
80 % Say there are sidewalks
78 % Say car is needed
76 % Say there's holiday spirit
73 % Say parking is easy
71 % Say yards are well-kept
66 % Say it's walkable to grocery stores
63 % Say streets are well-lit
62 % Say it's walkable to restaurants
59 % Say people would walk alone at night
57 % Say it's quiet
55 % Say they plan to stay for at least 5 years
55 % Say kids play outside
52 % Say neighbors are friendly
42 % Say there's wildlife
25 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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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 2026-02-09 09:51:42 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
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 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
Homes for rent near 654 E Ruddock St
654 E Ruddock St, Covina, CA 91723 is a 12 bedroom, 7 bathroom, 6,375 sqft multi-family built in 1962. This property is not currently available for sale. 654 E Ruddock St was last sold on May 15, 2024 for $1,625,000 (3% higher than the asking price of $1,575,000). The current Trulia Estimate for 654 E Ruddock St is $1,499,100.