#AR25022445, Bianca Xia, Listing Office: Pinnacle Real Estate Group
721 S Fernwood St West Covina, CA 91791
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
Summary
- MLS Number: OC24251036
- MLS Name: CRMLS
- Office Name: Marcus & Millichap RE Invest
- Office Email: troy.reese@marcusmillichap.com
- Listing Agent: Troy Reese
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Last updated on: 3/3/2025, 11:20:54 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. Typical income of West Covina, CA residents is between $35k-100k annually. Most families are married, with kids. The majority of residents in this area have post secondary degree education.
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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.
In February 2025 more than 15 listings in West Covina, CA were sold above the asking price. During the same period more than 5 listings were sold at asking price, while 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%. In February 2025, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $840,333.