$6,650 Closing Credit¹
#AR25022445, Bianca Xia, Listing Office: Pinnacle Real Estate Group
$11,100,000 List price
721 S Fernwood St West Covina, CA 91791
1.2 acres
Condo
Property details
About 721 S Fernwood St
Fernwood Terrace Apartments is a 30-unit garden-style apartment community (29 legal units) in the middle of The San Gabriel Valley City of West Covina. Built in 1963, the property has been gradually undergoing a complete exterior and interior renovation for the past 3 years. Currently the last couple of units are being finished at this time. The interior renovations at Fernwood Terrace feature best-in-class finish levels: fully appointed kitchens with quartz countertops, new doors, white shaker style cabinetry, wood plant-style vinyl flooring, stainless steel appliances, dishwashers, built-in microwaves, custom paint, all new blinds, and interior hardware (24 of 30 units have been completed). The units themselves are very spacious, most being between 1,000 to 1,300 sq. ft. Upper units have decks and lower units have large oversized yards. There are 43 parking spaces and the lot is 1.19 acres. Several of the units have new washer dryer units that have been installed during the renovation and there is a common laundry room as well. Exterior renovation includes all new paint, all new concrete hardscape, all new contemporary landscaping, all new asphalt, all new pool, pool deck, and pool furniture, new gating, and new exterior doors. It should be noted here that Fernwood Terrace has undergone a 3-year renovation period that is just now coming to an end, thus the financials will reflect this effort as it relates to both expenses and occupancy.
Highlights
Home typeCondominium
StatusActive
Lot size1.1941 Acres
Year built1963
MLS #OC24251036
Summary
- MLS Number: OC24251036
- MLS Name: CRMLS
- Office Name: Marcus & Millichap RE Invest
- Office Email: troy.reese@marcusmillichap.com
- Listing Agent: Troy Reese
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: 3/15/2025, 12:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$11,100,000
721 S Fernwood St
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Price information
Property sales
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Tax history
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Nearby schools
7
Vine Elementary School
Public District KG-5
0.5 mi
•1901 E Vine Ave
5
Cameron Elementary School
Public District KG-5
0.5 mi
•1225 E Cameron Ave
8
Merced Elementary School
Public District KG-5
0.6 mi
•1545 E Merced Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $76,752. The most common annual income of people living in West Covina, CA is between $35k-100k. The majority of families are married, with kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
10%
<35k
58%
35k-100k
23%
100k-200k
9%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
30%
Single, No Kids
15%
Single, with Kids
24%
Married, No Kids
31%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
9%
12-17 yrs old
23%
18-34 yrs old
39%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis
Major League Soccer (MLS)
Hiking/backpacking
Where do the neighbors shop?
Nordstrom Rack
Banana Republic
Bloomingdales
Where do the neighbors go to eat?
The Cheesecake Factory
Jack In The Box
Starbucks
What do the neighbors drive?
Volvo
Toyota
Audi
What do the neighbors listen to?
News
Jazz
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 721 S Fernwood St
This home is located at 721 S Fernwood St in West Covina, CA and zip code 91791 in the The San Gabriel Valley neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $11,100,000.
While more than 15 listings in West Covina, CA in February 2025 were sold above asking price, there were more than 5 listings sold at asking price, and more than 14 were sold below. The inventory of homes for sale in West Covina, CA between January and February 2025 increased by 4.9%. Listings spent 27 days on the market in February 2025, and had a median list price of $840,333 during the same period.
From Rocket Homes Real Estate and based on county public records data.