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1129 West West Covina Parkway

1129 West West Covina Parkway, West Covina, CA 91790
Local assessors in West Covina, CA have categorized 1129 West West Covina Parkway as a commercial type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 12,289 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1129 West West Covina Parkway has a total of 3,140 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 1129 West West Covina Parkway is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Residents rely on air conditioning for their cooling system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1129 West West Covina Parkway sold most recently in Feb 22, 2023 for a total of $3,675,000. If you work out the math, that's approximately a cost of $1,170.38 per sqft. Before that, the property was also sold for $2,080,000 in Jul 2, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $31,538 in taxes each year. The initial year of tax delinquency occurred in 2021. 1129 West West Covina Parkway was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,274,781. If we break it down further, the land itself was valued at $1,159,263. Improvements to the property, however, were assessed at a total of $1,115,518. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,289
  • Total Building Area: 3,140
  • Gross Building Area: 3,140
  • Building Area: 3,140
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 3,140
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: E J BALDWINS
  • Land Acres: 0.282
  • Standard Land Use Code: Regional shopping center or mall with anchor store
  • Legal Description 1: *TR=E J BALDWINS FOURTH SUB PART OF TH RO LA PUENTE*LOT COM AT INTERSECTION OF NW LINE OF LOT 154 WITH N LINE OF WEST COVINA PKWY TH E ON SD N LINE 73.76 FT TH N 0 3144 E 36.09 FT TH S 89 2816 LOT/SEC 155

Ownership

  • Current Owner : GAM VENTURE TWO LLC
  • Previous Owner : WEST COVINA PARKWAY LLC
  • Owner Before Previous Owner: KUANG JIAN X
  • Owner Before Previous Owner 2: KUANG MIAOYI T
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: West Covina Unified School District
  • Census Tract: 406702

Zoning

  • Zoning: WCCR*

Geography

  • Assessors Map Reference: 92-B1
  • Parcel: 8474-003-060
  • Lot: 154
  • Municipality: HALL OF ADMIN/REGIONL CNTRS SE
  • Latitude: 34.0691
  • Longitude: -117.934

    Address

  • Full Address: 1129 W West Covina Pkwy
  • Address - House Number: 1129
  • Street Direction: W
  • Address - Street Name: West Covina
  • Address - Suffix Type: Pkwy
  • State: CA
  • City Name: West Covina
  • Carrier Code: C019
  • 4-Digit Zip Code: 2812
  • Zip Code: 91790

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $31,538
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 09-470

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,544,000
  • First Open Lien Mortgage Lender: ALTURA CREDIT UNION
  • First Open Lien Mortgage Recording Date: Mar 03, 2023
  • First Open Lien Mortgage Loan Amount: $1,544,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2028

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,274,781
  • Assessed Land Value: $1,159,263
  • Assessed Improvements Value: $1,115,518

    Sales

  • Current Sale Contract Date: Feb 22, 2023
  • Current Sale Recording Date: Mar 03, 2023
  • Current Sale Transaction ID: 11902778083
  • Current Sale Price: $3,675,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 136660
  • Previous Sale Recording Date: Aug 01, 2017
  • Previous Sale Contract Date: Jul 02, 2017
  • Previous Sale Amount: $2,080,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALTURA CREDIT UNION
  • First Mortgage Transaction Date: Mar 03, 2023
  • First Mortgage Loan Amount: $1,544,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2028

    Previous Mortgages

  • Previous Mortgage Lender: SEACOAST COMMERCE BANK
  • Previous Mortgage Transaction Date: Aug 01, 2017
  • Previous Mortgage Loan Amount: $1,594,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About West Covina Central Business District



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Frequently Asked Questions

What neighborhood is 1129 West West Covina Parkway located in?
The 1129 West West Covina Parkway is a located in the neighborhood of West Covina Central Business District in West Covina Central Business District, West Covina.
What is the average sales price for listings in 1129 West West Covina Parkway?
The average sales price for units in 1129 West West Covina Parkway is $0 currently.

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