254 W Dexter, Covina, CA 91723

$3,390,000

$3,750,000

9.6%
Est.Price: ?

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Est. payment /mo

12 Beds

4 Baths

0.39 Acres Lot


SOLD DATE : 07/13/2026

Key Details

Sold Price $3,390,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV26112129

Sold Date 07/13/26

Bedrooms 12

Lot Size 0.388 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

The property features 12 spacious 3-bedroom, 1.75-bathroom apartment homes, and one studio unit, creating a highly attractive unit mix seldom available in the marketplace. The large floor plans appeal to a variety of households seeking affordable alternatives to single-family housing in the San Gabriel Valley. Most units have undergone interior upgrades, enhancing tenant appeal while reducing near-term capital expenditure requirements for a new owner. Improvements may include updated flooring, kitchens, bathrooms, fixtures, and interior finishes. The property benefits from consistent occupancy and strong tenant demand due to its central location within Covina, proximity to major transportation corridors, retail amenities, schools, and regional employment centers. Investment Highlights: Rare large-unit multifamily asset with predominantly 3-bedroom units; Fully occupied with stable tenancy Most units extensively upgraded; Attractive San Gabriel Valley location; Strong rental demand for family-sized units; Potential continued rental upside Desirable commuter access to employment centers throughout Los Angeles County; Carport parking amenity for tenants; Coin-operated laundry onsite for extra income.

Location

State CA

County Los Angeles

Zoning Assessor

Direction W/Citrus S/Badillo

Interior

Cooling Wall/Window

Fireplace No

Exterior

Pool Community/Common

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 8444010018

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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MLS Router / San Diego MLS
Listed by Lauren Davis, DRE#01245985 MARK ANDERSEN & ASSOCIATES 
Bought with Justino Faaola COMPASS
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Keegan Wetzel
Keegan Wetzel

Founder | Naval Academy | OIF Veteran | License ID: 02153342

+1(708) 256-7904

7734 Herschel Ave, La Jolla, CA 92037, USA

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