820 W Griswold Rd
About This Property
One of the standout features is the back unit, converted into a studio - perfect for extended family, guests, a private home office, or even potential rental income-flexibility.
Step outside and you'll find a lush backyard filled with fruit trees, creating a peaceful, almost garden-like retreat. French doors open from the home to the backyard, adding a charming touch and making indoor-outdoor living effortless. The property also offers potential RV and boat parking, a huge bonus for those with toys or extra vehicles.
With two units on one lot, thoughtful upkeep, and the value of owning in LA County at an accessible price, this Covina home is a standout opportunity that combines lifestyle, versatility, and long-term potential.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 9, 2026 | Sold | ||
| Sold | |||
| Feb 14, 2026 | In contract | - | |
| In contract | |||
| Jan 18, 2026 | Listed by REALTY MASTERS & ASSOCIATES | $839,000 | |
| Listed by REALTY MASTERS & ASSOCIATES | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017