Duplex with Private
New
For Sale
$899,000
270 E Puente, Covina, CA 91723
Covina, CA
Property Size2,250 SF
Lot Size0.18 Acres
Price / SF$399.56
Days on Market5
Property Features for 270 E Puente
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
CVR3-RD3000*
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 1, Kitchen, Laundry Room, Bathroom 2, Bathroom 3, Bedroom 2
Parking
2
Patio and Porch features
Patio
Pool private
1
Fireplace
1
Appliances
Gas Water Heater, Range Hood, Gas Range
Lot features
Garden, Sprinkler System, Back Yard, Lawn, Yard
Elementary school
Barranca
Middle school
Siera Vista
High school
South Hills
Elementary school district
Covina Valley Unified
Middle school district
Covina Valley Unified
High school district
Covina Valley Unified
Directions
Close to Citrus Ave and Barranca Ave
Subdivision
614 - Covina
Standard status
Active
APN
8445022002
Size
2,250 SF
Lot size
0.18 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
private backyard
swimming pool
Building Details
Year built
1955
Floors in Building
1
Number of units
2
Listing Agency:
888 Realty · RE/MAX International
(909) 598-2333
Listed By:
Hong Lin · License #01966465
(626) 708-1388
Added: Oct 15
Changed: Oct 17
Last Checked: Oct 19 at 12:06AM
MLS# TR26224545
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.
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Investment Insights
Based on property information with market context.
Built in 1955, this duplex contains 2,250 square feet across two residences. Both units have two bedrooms; one includes two bathrooms and the other has one. The property also features a private, fenced swimming pool, a patio, a fireplace, and a laundry room. Appliances include a gas range, range hood, and gas water heater.
The 0.1791-acre property is near the 10 Freeway, Eastland Center, and IKEA. Public water and public sewer serve the site. Zoning is CVR3-RD3000*.
The separate residences provide a two-bedroom, two-bathroom unit and a two-bedroom, one-bathroom unit. Outdoor amenities include the pool and patio.
The 0.1791-acre property is near the 10 Freeway, Eastland Center, and IKEA. Public water and public sewer serve the site. Zoning is CVR3-RD3000*.
The separate residences provide a two-bedroom, two-bathroom unit and a two-bedroom, one-bathroom unit. Outdoor amenities include the pool and patio.
Key Highlights
- Two residences, each with 2 bedrooms
- Unit mix: one 2‑bedroom, 2‑bathroom unit and one 2‑bedroom, 1‑bathroom unit
- 2,250 square feet on a 0.1791‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,293
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,860
$785.9K
Cap Rate 7%
$561,329
$561.3K
Cap Rate 9%
$436,589
$436.6K
Market Conditions
NOI Build-Up for 2,250 SF
Gross rent
$60.8K $27.00/SF
− Vacancy
−$4.6K −$2.05/SF
EGI
$56.1K $24.95/SF
− OpEx
−$16.8K −$7.48/SF
NOI
$39.3K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,860
Cap Rate 7%
$561,329
Cap Rate 9%
$436,589
Alternative Uses
Best Use
Multifamily LT 5
$561.3K
$491.2K – $654.9K
NOI $39,293 @ 7.0% cap · market cap 4.37%
Second Best
Apartment 5plus
$517.2K
$452.6K – $603.4K
NOI $36,204 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$1.20M
$1.05M – $1.41M
NOI $84,325 @ 7.0% cap · market cap 9.38%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,924
Businesses Nearby
Explore this area
Business Placement
Demographics for 91723, CA
19,653
Population
6,516
Households
3
Avg Household Size
38
Median Age
25%
College-Educated
87%
High-School Grad
2.3 sq mi
ZIP Area
8,545
Density / Sq Mi
$87,363
Median Household Income
$44,154
Median Earnings
$1,711
Median Rent
$663,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - The two residences offer a mix of two-bedroom layouts, with one unit featuring two bathrooms and the other one.
Where is this duplex located?
The property is located at 270 E Puente Covina, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms; Unit mix: one 2‑bedroom, 2‑bathroom unit and one 2‑bedroom, 1‑bathroom unit; 2,250 square feet on a 0.1791‑acre lot
