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Triplex Unit With In-Unit Laundry
New
For Lease
$2,695/Mo

550 N Valencia, Covina, CA 91723

MULTI_FAMILY - Covina, CA

Property Size950 SF
Lot Size0.23 Acres
Days on Market2

Property Features for 550 N Valencia

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 2, Bathroom 1, Bedroom 1, Laundry Room
Parking 2
Parking features Driveway, Assigned, Garage
Appliances Refrigerator, Free-Standing Range
Lot features Sprinkler System
Elementary school district Covina Valley Unified
Middle school district Covina Valley Unified
High school district Covina Valley Unified
Directions Cross streets are San Bernadino Rd. and Valencia Pl.
Subdivision 614 - Covina
Standard status Active
APN 8431017012
Size 950 SF
Lot size 0.23 Acres

Utilities

Sewer type Public Sewer
Heating system Wall Furnace
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Amenities

in-unit laundry

Building Details

Year built 1925
Floors in Building 1
Number of units 3
Listing Agency: RE/MAX MASTERS REALTY · RE/MAX International
Listed By: Diana Baylor · License #01912648
Added: Jul 31 Changed: Aug 1 Last Checked: Aug 1 at 4:06AM
MLS# CV26167814

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.

Investment Insights

Based on property information with market context.

This well-maintained triplex unit offers a comfortable two-bedroom, one-bath layout with approximately 950 square feet of living space. The unit includes in-unit laundry and appliances such as a refrigerator and a free-standing range. Heating is provided by a wall furnace, with wall/window and window unit(s) for cooling. Parking is supported by assigned parking, a shared garage, and a common driveway.

Set on a 0.2344-acre lot and built in 1925, the property is positioned about one block from Downtown Covina. The unit is described as within walking distance to Covina Park and the Covina Metrolink Station, with restaurants, shopping, and entertainment in the Downtown Covina area. Access to the 10 Freeway is also highlighted for commuting convenience.

Water service is public, and sewer is public sewer. Rooms include two bedrooms, one bathroom, and a dedicated laundry room.

Key Highlights

  • Triplex unit with in‑unit laundry plus shared garage and common driveway parking
  • Two‑bedroom, one‑bath layout with approximately 950 SF of living space
  • Heating: wall furnace; cooling: wall/window and window unit(s)

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Travel Agency Catering Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Mobile Phone Store

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$5.11 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,221
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Triplex - Well-maintained 2-bedroom unit in a triplex with in-unit laundry, shared garage, and common driveway parking.
Where is this triplex located?
The property is located at 550 N Valencia Covina, CA.
What is the lease rate?
The lease rate is $2,695 /Mo.
What are key features of this property?
This property features: Triplex unit with in‑unit laundry plus shared garage and common driveway parking; Two‑bedroom, one‑bath layout with approximately 950 SF of living space; Heating: wall furnace; cooling: wall/window and window unit(s)
More about this property
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