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Keller Williams
500 S 1st Avenue, Covina, CA 91723
- $1,820,000
- Sold Price
- $1,820,000
- List Price
- $1,875,000
- Status
- CLOSED
- Days on Market
- 13
- Closing Date
- Apr 15, 2026
- MLS#
- CV26050368
- Subtype
- Residential Income
- Year Built
- 1954
- Lot Size
- 15,945
- Acres
- 0.37
- MLS Area Major
- Covina (614)
Property Description
This 8-unit apartment building in Covina includes (2) 2-bedroom, 1-bath units and (6) 1-bedroom, 1-bath units. Each apartment has a large private yard, and two units feature spacious balconies. The property includes eight covered carports with storage cabinets and a shared on-site laundry facility. Three of the units have been recently updated. Additional improvements include upgraded electrical, fresh exterior paint, and newer windows. Located near downtown Covina and its shops, restaurants, and local amenities, with convenient access to the Covina Metrolink station, I-10, and SR-57, the property benefits from steady rental demand and consistent occupancy. This well-maintained building offers reliable cash flow and strong long-term investment potential.
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Additional Information
- Interior Features
- Ceiling Fan(s), High Ceilings
- Exterior Features
- Rain Gutters
- Heating
- Wall Furnace
- Air Conditioning
- Yes
- Stories
- Two Levels
- Levels
- Two
- Pool Type
- None
- Parking Features
- Carport
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Listing courtesy of Listing Agent: Javier Montiel (ja.montielrealtor@gmail.com) from Listing Office: COLDWELL BANKER TOWN & COUNTRY.
Selling Office: NONMEMBER MRML.Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.