7 units apartment located in the center of Covina, fully occupied, it contains 5 two bedroom & 2 one bedroom. total living size is 6556, one bedroom is about 760sqft, two bedroom is about 950sqft, it makes all the units with very conformable size. decent inside & outside conditions. convenient location near metro line, down town of Covina and close to markets, restaurants, and bus stations. substantial upside rental income potential. offer subject to inspection, motivated seller.
Multi-familyProperty Type
1963Year Built
8,099 sq ftLot Size
$156Price/Sq.Ft.
7 garage spacesParking
Listed by RHEA BAI•DRE #01360246• RE/MAX Premier Properties
Bought with Shawn Chang•DRE #01140175• Re/Max Premier Properties
7 APARTMENT UNITS - 100% occupied, low vacancy rate. Rents are current with little to no deferred maintenance on the property. Property exterior was just painted as of 8/8/11. Property looks as good as it cash flows. STRONG RENTAL AREA IN COVINA. Located in the Prospero Park Area, a diverse populace. Low to Medium income levels. Centrally located, Metro nearby, bus stations, downtown Covina. Please do not disturb tenants.
Public Records
Oct 17, 2003
Sold
$655,000
$100/sq ft
Public Records
Aug 19, 1999
Sold
$313,000
$48/sq ft
Public Records
Sep 6, 1990
Sold
$505,000
$77/sq ft
Public Records
Apr 26, 1985
Sold
$315,000
$48/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$17,998 (+5.8%)
$612,928 + $637,442
$1,250,370
2024
$17,004 (+1.4%)
$612,928 + $637,442
$1,250,370
2023
$16,776 (+1.3%)
$600,910 + $624,944
$1,225,854
2022
$16,568 (+1.5%)
$589,128 + $612,691
$1,201,819
2021
$16,318 (+1.3%)
$577,577 + $600,678
$1,178,255
2020
$16,116 (+0.9%)
$566,252 + $588,900
$1,155,152
2019
$15,969 (+4.0%)
$560,446 + $582,862
$1,143,308
2018
$15,359 (+2.2%)
$549,457 + $571,434
$1,120,891
2017
$15,036 (+3.8%)
$528,122 + $549,246
$1,077,368
2016
$14,480 (+2.8%)
$528,122 + $549,246
$1,077,368
2015
$14,079 (+1.3%)
$517,767 + $538,477
$1,056,244
2014
$13,905 (+20.6%)
$500,000 + $520,000
$1,020,000
2012
$11,534 (+14.1%)
$341,700 + $510,000
$851,700
2011
$10,104 (+3.0%)
$335,000 + $500,000
$835,000
2010
$9,808 (+2.2%)
$282,986 + $443,901
$726,887
2009
$9,597 (+5.0%)
$280,872 + $440,584
$721,456
2008
$9,138
$281,540 + $441,631
$723,171
Tax history for 703 E Ruddock St
Year
Property tax
Land + Additions
Assessment*
2025
$17,998 (+5.8%)
$612,928 + $637,442
$1,250,370
2024
$17,004 (+1.4%)
$612,928 + $637,442
$1,250,370
2023
$16,776 (+1.3%)
$600,910 + $624,944
$1,225,854
2022
$16,568 (+1.5%)
$589,128 + $612,691
$1,201,819
2021
$16,318 (+1.3%)
$577,577 + $600,678
$1,178,255
2020
$16,116 (+0.9%)
$566,252 + $588,900
$1,155,152
2019
$15,969 (+4.0%)
$560,446 + $582,862
$1,143,308
2018
$15,359 (+2.2%)
$549,457 + $571,434
$1,120,891
2017
$15,036 (+3.8%)
$528,122 + $549,246
$1,077,368
2016
$14,480 (+2.8%)
$528,122 + $549,246
$1,077,368
2015
$14,079 (+1.3%)
$517,767 + $538,477
$1,056,244
2014
$13,905 (+20.6%)
$500,000 + $520,000
$1,020,000
2012
$11,534 (+14.1%)
$341,700 + $510,000
$851,700
2011
$10,104 (+3.0%)
$335,000 + $500,000
$835,000
2010
$9,808 (+2.2%)
$282,986 + $443,901
$726,887
2009
$9,597 (+5.0%)
$280,872 + $440,584
$721,456
2008
$9,138
$281,540 + $441,631
$723,171
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
12
Baths
8.5
Stories
2
Lot width
—
Lot depth
—
Lot size
8,099
Year renovated
2019
Sq. Ft.
6,556
Year built
1963
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
8429012018
Parking Spaces
8
Basement
No
Accessible
No
HOA Dues
—
Garage
Yes
Features
—
Last updated by owner on Sep 8, 2025.
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 7
# of Parking Spaces: 7
Interior
Interior Features
Levels: Two
Unit Type 1 Information
Unit Key Numeric: 25285
Listing Key Numeric: 1952222
Actual Rent: $962
Total # of Baths: 1
Total # of Beds: 2
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $962
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 25286
Listing Key Numeric: 1952222
Actual Rent: $1,050
Total # of Baths: 1
Furnished: Unfurnished
Total # of Beds: 2
# of Garage Spaces: 1
Total Rent: $1,050
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 1952222
Unit Key Numeric: 25287
Actual Rent: $995
Total # of Baths: 1
Total # of Beds: 2
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $995
Total # of Units: 1
Unit Type 4 Information
Listing Key Numeric: 1952222
Unit Key Numeric: 25288
Actual Rent: $950
Total # of Baths: 1
Total # of Beds: 2
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $950
Total # of Units: 1
Unit Type 5 Information
Unit Key Numeric: 25289
Listing Key Numeric: 1952222
Actual Rent: $900
Total # of Baths: 1
Total # of Beds: 2
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $900
Total # of Units: 1
Unit Type 6 Information
Listing Key Numeric: 1952222
Unit Key Numeric: 25290
Actual Rent: $875
Total # of Baths: 1
Total # of Beds: 1
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $875
Total # of Units: 1
Unit Type 7 Information
Unit Key Numeric: 25291
Listing Key Numeric: 1952222
Actual Rent: $850
Total # of Baths: 1
Total # of Beds: 1
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $850
Total # of Units: 1
Expenses
Trash: $3,096
Total: $24,550
Maintenance: $1,200
Insurance: $1,489
Water Sewer: $2,628
Electric: $774
New Taxes: $11,308
Multi-Unit Information
Net Operating Income: $51,780
Average 2 Bed Area: 950
Average 1 Bed Area: 760
Total Building Area: 6,556
Gross Scheduled Income: $79,000
Gross Operating Income: $76,630
Gross Income: $6,582
Laundry Equipment Own or Lease: Lease
Laundry Income: $700
# Of Leased Units: 7
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 7
# Of Separate Electric Meters: 8
# Of Buildings: 1
Vacancy Allowance Rate: 3
Vacancy Allowance: 2370
Exterior
Exterior Features
Pool Features: None
Lot Information
Lot Size Source: Assessor's Data
Lot Features: Yard
Property Information
Total # of Units: 7
Common Walls: No Common Walls
Parcel Number: 8429012018
Year Built Source: Assessor
Financial
Assesments Information
Assessments: Unknown
Lease / Rental Details
Operating Expense: $24,550
Total Actual Rent: $6,582
Utilities
Utilities Information
Sewer Connected
Water Source: District/Public
Location
Neighborhood Information
Community Features: Curbs
Location Information
Latitude: 34.09017500
Longitude: -117.87683100
Directions: Cross Streets: W of grand/ S of San Bernardin
Public facts
Beds: 12
Baths: 8.5
Sq. Ft.: 6,556
Stories: —
Parking Spaces: 8
Basement: No
Accessible: No
Lot Size: 8,099 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1963
Year Renovated: 2019
County: Los Angeles County
APN: 8429012018
HOA Dues: —
Garage: Yes
Features: —
Home facts updated by owner on Sep 8, 2025
Other
Listing Information
Days Active in MLS: 74
Continuous Days Active in MLS: 74
Listing Agent Information
List Agent First Name: RHEA
List Agent Last Name: BAI
Listing Office Information
List Office Name: RE/MAX PREMIER/ARCADIA
Selling Agent Information
Buyer Agent First Name: Shawn
Buyer Agent Last Name: Chang
Selling Office Information
Buyer Office Name: Re/Max Premier Prop Arcadia
Around this home
Schools
Ben Lomond Elementary School
Public K-5 • Assigned • 0.7mi
7/10
Sierra Vista Middle School
Public 6-8 • Assigned • 0.5mi
6/10
South Hills High School
Public 9-12 • Assigned • 2.0mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 98° expected this year, 21 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
7/10 Air Factor
15 unhealthy days expected this year, 17 days in 30 years
Provided by First Street
Historical weather
Covina, CA • 91723
Average low and high temperatures (°F)
71
51
73
52
76
54
74
54
78
58
84
62
89
64
92
66
88
65
82
59
73
53
71
51
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.9 hours in
June and 6.8 hours in December, placing it above the
U.S. average for solar exposure.