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130-Unit Apartment Property
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1408 & 1430 N Citrus Avenue, Covina, CA 91722

Two-building residential asset positioned beside Starbucks at the Citrus Avenue and Arrow Highway intersection.

Property SizeContact for details
Days on Market143

Property Features for 1408 & 1430 N Citrus Avenue

General Information

Standard status Active
Property subtype Multifamily

Property Condition

Severity Repairs Needed
Evidence interior and exterior update packages

Additional Details

Multifamily Units 130

Building Details

Buildings 2
Listing Agency: Marcus & Millichap - Encino
Listed By: Joshua Ross · License #01918715
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 12:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Encino

Investment Insights

Based on property information with market context.

Located in Covina’s San Gabriel Valley submarket, this apartment property includes two buildings with 130 units spread across just over two acres. The property is identified by the street addresses 1408 and 1430 N. Citrus Avenue, creating a multi-building residential configuration.

Citrus Avenue and Arrow Highway meet at the property, which also sits next to Starbucks. The asset is in an unincorporated area and is described as minutes from DTLA. Its principal physical characteristics include the two-building arrangement, 130-unit count, and acreage, with the surrounding context defined by the named intersection and adjacent Starbucks.

Key Highlights

  • 130‑unit apartment property across two buildings
  • Just over two acres of multifamily land
  • Located at Citrus Avenue and Arrow Highway

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Parking Lot & Garage Catering Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

130
Residential units

Location Intelligence

Trade Area within ½ mile

722
Businesses Nearby

Demographics for 91722, CA

36,111
Population
10,340
Households
3.5
Avg Household Size
38
Median Age
23%
College-Educated
82%
High-School Grad
4.1 sq mi
ZIP Area
8,808
Density / Sq Mi
$98,033
Median Household Income
$39,738
Median Earnings
$2,039
Median Rent
$626,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-building residential asset positioned beside Starbucks at the Citrus Avenue and Arrow Highway intersection.
Where is this apartment building located?
The property is located at 1408 & 1430 N Citrus Avenue Covina, CA.
What are key features of this property?
This property features: 130‑unit apartment property across two buildings; Just over two acres of multifamily land; Located at Citrus Avenue and Arrow Highway
More about this property
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