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16623 Covello St

Lake Balboa, CA 91406

3 bd 2 ba 1,284 sqft Built 1951 Lot 6,608 sqft single_family
Most recent sale
$877,000
Apr 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 27, 2022 Sold $877,000 Public Record
Mar 26, 2022 Listed $779,000 MLS #SR22059009

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $197,066 $733,612 $930,678 $11,336
2024 $197,066 $733,612 $930,678 $11,207
2023 $189,414 $705,126 $894,540 $10,990
2022 $65,447 $26,080 $91,527 $1,240
2021 $64,164 $25,569 $89,733 $1,218
2020 $63,507 $25,307 $88,814 $1,224
2019 $30,962 $24,811 $55,773 $1,176
2018 $30,355 $24,325 $54,680 $727
2017 $29,760 $23,849 $53,609 $709
2016 $29,177 $23,382 $52,559 $678
2015 $28,739 $23,031 $51,770 $669
2014 $28,177 $22,580 $50,757 $680
2013 $28,050 $22,478 $50,528 $679
2012 $27,500 $22,038 $49,538 $686
2010 $26,961 $21,606 $48,567 $677
2009 $26,824 $21,496 $48,320 $655
2008 $26,299 $21,075 $47,374 $631
2007 $25,784 $20,662 $46,446 $605

Property facts

Year built
1951
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,284 sqft
Lot size
6,608 sqft
ZIP code
91406
City
Lake Balboa
Street
Covello St
Coordinates
34.20786, -118.49548

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,109
Gross rental yield
5.62%
Implied cap rate
3.65%
Trend-extrapolated value

Frequently asked questions

When did 16623 Covello St last sell?
16623 Covello St most recently sold on Apr 27, 2022 for $877,000.
What is the current tax assessment for 16623 Covello St?
The most recent total assessment for 16623 Covello St (year 2025) is $930,678 with $11,336 in property tax.
How does 16623 Covello St's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $877,000.
When was 16623 Covello St built?
16623 Covello St was built in 1951.
How does 16623 Covello St compare to others on Covello St?
We track 8 other properties on Covello St. Browse the list under "Other properties on Covello St" to compare beds, baths, and sale history.
What are the property facts for 16623 Covello St?
16623 Covello St is a 3 bed, 2 bath, 1,284 sqft, 6,608 sqft lot single_family.
Is 16623 Covello St a flip candidate?
No — 16623 Covello St does not appear in our flips dataset.
Is 16623 Covello St a tax-appeal candidate?
No — 16623 Covello St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.8%
Implied 1-yr
+19.3%
2026 Q3
$1.28M
2026 Q4
$1.33M
ZIP 91406 — Median Price History + Forecast

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