$3,390,000
$3,750,000
9.6%For more information regarding the value of a property, please contact us for a free consultation.
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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