500 S 1st Avenue Covina, CA 91723
- Added:
- Mar 7, 2026
- Days on Market:
- 25
- Last Refresh:
- Apr 1 at 11:06 am
Property Features for 500 S 1st Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 10
- Bathrooms
- 8
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
- Parking
- 8
- Parking features
- Carport
- Interior features
- High Ceilings, Ceiling Fan(s)
- Exterior features
- Community Features Included: Sidewalks, Back Yard, 6-10 Units/Acre, Lawn
- Standard status
- Pending
- APN
- 8445026002
- Size
- 4,798 SF
- Lot size
- 15,945.00 Acres
Utilities
- Heating system
- Wall Furnace
- Cooling system
- Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1954
- Floors in Building
- 2
- Number of units
- 8
- Architectural style
- Other
Listing agent Javier Montiel License #01811005 (626) 589-1221
Listing office COLDWELL BANKER TOWN & COUNTRY 302 N Citrus Ave, Moreno Valley, CA (626) 966-3688
Listing date Mar 7, 2026
MLS# CV26050368
Listing URL
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Covina Multifamily Investment Opportunity
This 8-unit apartment building is located in Covina. The unit mix comprises two 2-bedroom, 1-bath units and six 1-bedroom, 1-bath units. Each apartment features a private yard, and two units include spacious balconies. There are 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. The property is situated on a lot of approximately 0.37 acres. The building has a total area of 4798 square feet. Located near downtown Covina, the property is close to shops, restaurants, and local amenities. It offers 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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Covina
- County
- Los Angeles
- State
- California
- Longitude
- -117.8849617
- Latitude
- 34.0805592
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Well-maintained 8-unit apartment building near downtown Covina.
Where is this apartment building located?
The property is located at 500 S 1st Avenue Covina, CA.
What is the asking price?
The asking price for this property is $1,875,000.
What are key features of this property?
This property features: Steady rental demand and consistent occupancy in Covina location.; Eight covered carports with storage cabinets.; **Large private yards for each apartment; some units have spacious balconies.**
