$3,025,000

19529 E Cypress St Covina, CA 91724

0.4 acres
Condo

Property details

About 19529 E Cypress St

THE EXISTING ASSUMABLE LOAN FIXED at 3.07% Until October 2026 We are pleased to exclusively present the opportunity to acquire Cypress Villa, located at 19529 East Cypress Street in unincorporated Los Angeles County, California. Cypress Villa is conveniently located near the signalized intersection of East Cypress Street and Grand Avenue. Constructed in 1984, the 11-unit multifamily investment property is situated on a 16,419 square feet rectangular parcel with a building area of 9,207 square feet. The property consists of eleven two-bedroom/one-bathroom floor plans and features an on-site laundry room, copper plumbing, central water heater, and central air conditioning and heating. For parking, there are eleven tuck-under parking spaces with storage units, six carport parking spaces, and five open space parking spaces (Two parking spaces per unit). The majority of windows have been upgraded with new dual-pane windows. Selected kitchens and bathrooms were recently renovated. All units are individually metered for gas and electricity. Unincorporated Los Angeles County has their own rent control (Buyer to verify). Cypress Villa is ideally situated with easy access to Interstate 210, 10 and CA 57 freeways. With its central location and proximity to Downtown Los Angeles, the city is well served by the Metrolink Covina Station, providing its residents with many alternative ways of traveling to work, dining, shopping, and other amenities. With a very walkable score of 74 out of 100, the apartment building is within walking distance of several outdoor shopping malls with major department and grocery stores including Stater Bros Markets, Dollar Tree, and Vons. In addition, there are multiple private and public schools within a two-mile radius of the subject property such as Cedargrove Elementary School, Sonrise Christrian School, Royal Oak Middle School, and Charter Oak High School, thus attracting valuable long-term tenants. Residents can also enjoy a quick walk to Kahler Russell Park, that offers basketball and tennis courts, sports fields, playground, walking trails and more. Last but not least, the Via Verde Country Club is just a six-minute drive east of the offering. Nestled amongst the rolling Via Verde Hills, this private country club offers a picturesque view of the San Gabriel Mountains and captures the spirit of the community through exceptional golf, outstanding events, a warm atmosphere and panoramic views of Southern California.

Highlights

Home typeCondominium
StatusSale Pending
(Pending)
Lot size0.37 Acres
Year built1984
MLS #CV24217987

Summary

  • MLS Number: CV24217987
  • MLS Name: CRMLS
  • Office Name: MARCUS & MILLICHAP
  • Office Phone: (626) 695-6776
  • Listing Agent: Douglas McCauley

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: 3/14/2025, 9:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$3,025,000

19529 E Cypress St

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Price information

Property sales

DateEventPrice
Mar 29, 2002
Home Sold
$869,000
Aug 16, 1991
Home Sold
$637,500
Aug 16, 1991
Home Sold
$193,181

Tax history

YearAssessmentProperty Tax
2024$1,259,383$18,417
2023$1,234,706$17,442
2022$1,210,512$17,224
2021$1,186,793$16,937
2020$1,173,833$16,589
2019$1,150,818$15,699
2018$1,128,254$15,436
2017$1,106,132$15,436

History based on county public records data.

Nearby schools

7

Ben Lomond Elementary School

Public District KG-5

0.5 mi

621 E Covina Blvd

6

Cedargrove Elementary School

Public District KG-6

0.5 mi

1209 N Glendora Ave

5

Badillo Elementary School

Public District KG-6

1.2 mi

1771 E Old Badillo St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $63,387. The majority of Covina, CA residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

24%
<35k
52%
35k-100k
18%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

38%
Single, No Kids
16%
Single, with Kids
22%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
42%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Live TheatreLive Theatre
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • BloomingdalesBloomingdales
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • Boston MarketBoston Market
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • VolvoVolvo
  • MercedesMercedes
  • ToyotaToyota

What do the neighbors listen to?

  • NewsNews
  • JazzJazz
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 19529 E Cypress St

This home is located at 19529 E Cypress St in Covina, CA and zip code 91724 in the The San Gabriel Valley neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $3,025,000.

Covina, CA housing market in February 2025 saw over 12 listings sold above listed price, more than 5 sold at listed price and over 11 sold below. The inventory of homes for sale in Covina, CA between January and February 2025 decreased by 3.6%. The median list price of listings available in February 2025 was $780,000, while the average time on the real estate market was 31 days.

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

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