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This a rare opportunity to acquire SRF development opportunity. The proposed 3-unit single-family residential complex each has 3 bedroom/2.5 bath units. All units with attached garages and direct access from the garage into the units. All units have a 1st-floor private yard with a front porch, all bedrooms upstairs and laundry hooks up inside. Market rent for each unit is $3,800 total project monthly rental income is $11,400. The property is located within minutes of the I-10, and CA-210 Freeways and is within 5 mins walking distance of downtown Covina. The development has been approved by the city planning division only and is ready to continue with the building permits. Lot size about 10,499 sq. ft. Access to the quiet College St with alley access. This sale is for land value with planning approved plan.
Listing agent: Freddy Manzano DRE #01797523 manzanorealtor@hotmail.com, Listing office: Excellence RE Real Estate
MLS data updated 10/19/2026, 3:11:28 AM PT
Source: CRMLS, MLS #: DW23056471
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 9, 2023
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$460,000Closed sale · May 9, 2023ZIP 91723 · May 2023
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.