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    West Covina Multifamily Investment Opportunity
    Updated: Mar 18
    West Covina Multifamily Investment Opportunity

    149 S Bandy Avenue, West Covina, CA 91790

    $2,915,000
    8,026 sqft 0.25 AC lot
    Prime location in West Covina, walking distance to Plaza West Covina and Edwards Theatre.
    Desirable unit mix: six 1‑bed/1‑bath, four 2‑bed/1‑bath, and one 3‑bed/2‑bath cottage.
    Individually metered for gas and electricity, benefiting ownership.
    Meticulously maintained with several units modernized with contemporary features.
    Convenient amenities: on‑site laundry, wall air‑conditioning, and dedicated parking.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in West Covina, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Garden-Style Apartment Community
    Garden-Style Apartment Community

    826 N Barranca, Covina, CA 91723

    $7,280,000
    1.03 AC lot

    24-unit garden-style apartment community with studio through four-bedroom floor plans, built in 1961, and featuring on-site amenities.

    View details
    Garden-Style Multifamily Apartment Community
    Garden-Style Multifamily Apartment Community

    826 N Barranca, Covina, CA 91723

    $7,280,000

    Twenty-four-unit apartment community featuring central HVAC, on-site laundry, and a community swimming pool.

    View details
    Apartment Development Opportunity in La Puente
    Apartment Development Opportunity in La Puente

    15925 Amar Rd, La Puente, CA 91744

    $1,098,000
    0.37 AC lot

    22-unit apartment development project in a Metro-designated area.

    View details
    Three-Level Apartment Building with Parking
    Three-Level Apartment Building with Parking

    15925 Amar Road, La Puente, CA 91744

    $1,098,000
    0.37 AC lot

    Project includes 22 apartments with ground-level parking and residences on the second and third floors.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Development Opportunity with DTLA Views
    Development Opportunity with DTLA Views

    700 Lookout Dr, Los Angeles, CA 90012

    $799,000
    0.22 AC lot

    Land with potential for up to 23 units.

    View details
    Lancaster Corner Lot Investment Opportunity
    Lancaster Corner Lot Investment Opportunity

    Newgrove Street, Lancaster, CA 93534

    $350,000
    0.17 AC lot

    0.17-acre corner lot in Lancaster with development potential.

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    Commercial Land with Freeway Exposure
    Commercial Land with Freeway Exposure

    31426 The Old Road N, Castaic, CA 91384

    $2,250,000
    2.05 AC lot

    Over 2 acres with 400+ feet of CA-5 exposure across three APNs in Castaic.

    View details
    San Jacinto Land with Utilities
    San Jacinto Land with Utilities

    Rosario, San Jacinto, CA 92583

    $155,000
    0.33 AC lot

    Unique lot with utilities available for multiple residential uses.

    View details

    Off-Market Properties in West Covina, CA

    Consider similar Off-Market properties in West Covina, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1829 Workman Ave
    APARTMENT HOUSE (5+ UNITS)

    1829 Workman Ave, West Covina, CA 91791-1452

    $20,240,000
    Estimated value
    78,852 sqft 2.28 AC lot
    View details
    1828 Thelborn St
    APARTMENT HOUSE (5+ UNITS)

    1828 Thelborn St, West Covina, CA 91791-1454

    $19,405,000
    Estimated value
    66,948 sqft 2.37 AC lot
    View details
    1015 Garvey N Ave
    APARTMENT HOUSE (5+ UNITS)

    1015 Garvey N Ave, West Covina, CA 91790-2258

    Value Estimation by Request
    28,270 sqft 1.11 AC lot
    View details
    2601 Vly Blvd
    APARTMENT HOUSE (5+ UNITS)

    2601 Vly Blvd, West Covina, CA 91792-3053

    Value Estimation by Request
    73,826 sqft 5.23 AC lot
    View details
    816 Azusa Ave
    APARTMENT HOUSE (5+ UNITS)

    816 Azusa Ave, West Covina, CA 91791-1077

    $1,955,000
    Estimated value
    21,296 sqft 0.67 AC lot
    View details
    731 Azusa Ave, Unit 7
    APARTMENT HOUSE (5+ UNITS)

    731 Azusa Ave, West Covina, CA 91791-1012

    Unit 7
    $6,475,000
    Estimated value
    22,428 sqft 0.77 AC lot
    View details
    712 Fernwood St
    APARTMENT HOUSE (5+ UNITS)

    712 Fernwood St, West Covina, CA 91791-2649

    $9,295,000
    Estimated value
    32,001 sqft 1.19 AC lot
    View details
    204 Bandy Ave
    APARTMENT HOUSE (5+ UNITS)

    204 Bandy Ave, West Covina, CA 91790-3018

    $1,400,000
    Estimated value
    4,611 sqft 0.17 AC lot
    View details
    2700 Azusa Ave
    APARTMENT HOUSE (5+ UNITS)

    2700 Azusa Ave, West Covina, CA 91792-1608

    $1,470,000
    Estimated value
    198,884 sqft 9.28 AC lot
    View details
    1213 Stuart Ave
    APARTMENT HOUSE (5+ UNITS)

    1213 Stuart Ave, West Covina, CA 91790-3150

    Value Estimation by Request
    6,597 sqft 0.16 AC lot
    View details
    1020 St Malo St
    APARTMENT HOUSE (5+ UNITS)

    1020 St Malo St, West Covina, CA 91790-4954

    $1,450,000
    Estimated value
    23,864 sqft 1.17 AC lot
    View details
    1822 Grovecenter St
    APARTMENT HOUSE (5+ UNITS)

    1822 Grovecenter St, West Covina, CA 91790

    $520,000
    Estimated value
    12,480 sqft 0.61 AC lot
    View details
    1111 Garvey N Ave
    APARTMENT HOUSE (5+ UNITS)

    1111 Garvey N Ave, West Covina, CA 91790-2364

    $1,650,000
    Estimated value
    20,724 sqft 0.87 AC lot
    View details
    1838 Badillo St
    APARTMENT HOUSE (5+ UNITS)

    1838 Badillo St, West Covina, CA 91791-1125

    $4,510,000
    Estimated value
    15,050 sqft 0.61 AC lot
    View details
    1320 Mardina St
    APARTMENT HOUSE (5+ UNITS)

    1320 Mardina St, West Covina, CA 91790-2371

    $650,000
    Estimated value
    8,148 sqft 0.54 AC lot
    View details
    725 Sunset Ave
    APARTMENT HOUSE (5+ UNITS)

    725 Sunset Ave, West Covina, CA 91790-1253

    $15,490,000
    Estimated value
    120,588 sqft 4.50 AC lot
    View details
    157 Bandy Ave
    APARTMENT HOUSE (5+ UNITS)

    157 Bandy Ave, West Covina, CA 91790-3015

    $1,985,000
    Estimated value
    5,308 sqft 0.16 AC lot
    View details
    115 Walnuthaven Dr
    APARTMENT HOUSE (5+ UNITS)

    115 Walnuthaven Dr, West Covina, CA 91790-2277

    $2,400,000
    Estimated value
    6,188 sqft 0.36 AC lot
    View details
    217 Barranca St
    APARTMENT HOUSE (5+ UNITS)

    217 Barranca St, West Covina, CA 91791

    $38,320,000
    Estimated value
    105,936 sqft 5.24 AC lot
    View details
    112 Walnuthaven Dr
    APARTMENT HOUSE (5+ UNITS)

    112 Walnuthaven Dr, West Covina, CA 91790-2251

    $2,055,000
    Estimated value
    6,216 sqft 0.24 AC lot
    View details
    801 Wescove Pl
    APARTMENT HOUSE (5+ UNITS)

    801 Wescove Pl, West Covina, CA 91790-4918

    $20,205,000
    Estimated value
    56,432 sqft 3.39 AC lot
    View details
    200 Grand Ave
    APARTMENT HOUSE (5+ UNITS)

    200 Grand Ave, West Covina, CA 91791-1727

    Value Estimation by Request
    190,824 sqft 8.21 AC lot
    View details
    1227 Francisquito Ave, Unit 7
    APARTMENT HOUSE (5+ UNITS)

    1227 Francisquito Ave, West Covina, CA 91790-4776

    Unit 7
    Value Estimation by Request
    177,480 sqft 9.39 AC lot
    View details

    West Covina, CA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in West Covina, CA on our real estate platform. These investment opportunities span a total of 8,026 square feet of properties for sale, with an estimated market value of $2,915,000.

    Sale prices for two-family homes in West Covina, CA start at $2,915,000, averaging $2,915,000, and reaching up to $2,915,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 109K
    Population Growth (5Y) -0.1%
    Median Household Income $99,144
    College Educated 29.3%

    High-Yield Neighborhoods for Investment

    Identify West Covina submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    91790 $2.9M

    Taxes & Financing

    Tax Rate (average for all types) 1.28%
    Property Tax per SF $14.55 per SF
    Tax Rate vs County Average 0.08 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Los Angeles County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Los Angeles County

    Retail

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in West Covina fall within the 50,000 to 100,000 square foot range.

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