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West Covina Multifamily Investment Opportunity
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149 S Bandy Avenue, West Covina, CA 91790

Stabilized 11-unit multifamily property in a prime West Covina location.

Property Size8,026 SF
Lot Size0.25 Acres
Price / SF$345.13
Days on Market149

Property Features for 149 S Bandy Avenue

General Information

Standard status Active
Size 8,026 SF
Lot size 0.25 Acres
Property subtype Multifamily
Zoning Public Rec

Building Details

Buildings 1
Stories 2
Units 11
Listing Agency: IRN REALTY
Listed By: Jo Lin · License #02072996
Source: Crexi
Added: Mar 18 Changed: Aug 7 Last Checked: Aug 13 at 12:10PM

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 IRN REALTY

Investment Insights

Based on property information with market context.

Located at 149 South Bandy Avenue in West Covina, California, this multifamily asset features 11 units in a garden-style community constructed in 1961. The property occupies a 10,710-square-foot lot and includes approximately 8,026 rentable square feet. The unit mix is comprised of six one-bedroom/one-bathroom units, four two-bedroom/one-bathroom units, and a three-bedroom/two-bathroom cottage. Each unit is individually metered for gas and electricity. Several units have been modernized with contemporary flooring, new kitchen cabinetry, and granite countertops. On-site amenities include an on-site laundry facility, wall air-conditioning, and 11 dedicated parking spaces, with additional street parking available. A private storage room is available for the owner's use. The property is within walking distance of Plaza West Covina and Edwards Theatre, and is located 0.6 miles from the Interstate 10 Vincent Avenue exit and 3.4 miles from the Covina Metrolink Station. The location is near West Covina High School, Mt. San Antonio College, and Cal Poly Pomona.

Key Highlights

  • 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.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Garden Center Food Market Restaurant Daycare Center (Bike/Boat/Book/etc) Store Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

1,552
Businesses Nearby

Demographics for 91790, CA

46,364
Population
13,318
Households
3.5
Avg Household Size
39
Median Age
23%
College-Educated
83%
High-School Grad
5.8 sq mi
ZIP Area
7,994
Density / Sq Mi
$100,142
Median Household Income
$42,958
Median Earnings
$2,253
Median Rent
$695,700
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 - Stabilized 11-unit multifamily property in a prime West Covina location.
Where is this apartment building located?
The property is located at 149 S Bandy Avenue West Covina, CA.
What is the asking price?
The asking price for this property is $2,770,000.
What are key features of this property?
This property features: 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.
(626) 345-8110 Call to check price and availability
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