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Triplex Property with Shared Garage
For Lease
$2,600/Mo

550 N Valencia, Covina, CA 91723

Covina, CA

Space SizeContact for details
Property Size950 SF
Lot Size0.23 Acres
Days on Market48

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 1, Laundry Room, Bedroom 2, Bathroom 1
Parking 2
Parking features Assigned, Driveway, 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
shared garage

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: Sep 14 Last Checked: Sep 16 at 8:06AM
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 triplex property includes a 950-square-foot, two-bedroom, one-bathroom unit with a dedicated laundry room. The residence offers a refrigerator, free-standing range, wall furnace, and wall or window unit cooling. Parking features include an assigned space, driveway access, and a shared garage. The property was built in 1925 and occupies 0.2344 acres.

Located at 550 N Valencia in Covina, the property is one block from Downtown Covina and within walking distance of Covina Park, the Covina Metrolink Station, restaurants, shopping, and entertainment. Access to the 10 Freeway supports travel throughout the area. Public water and public sewer serve the property.

Key Highlights

  • Triplex property on a 0.2344‑acre lot
  • 950‑square‑foot unit with 2 bedrooms and 1 bathroom
  • In‑unit laundry with dedicated laundry room

Property Analytics

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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

1
Residential units
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,795
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 income property featuring a two-bedroom unit, in-unit laundry, and shared parking facilities.
Where is this triplex located?
The property is located at 550 N Valencia Covina, CA.
What is the lease rate?
The lease rate is $2,600/Mo.
What are key features of this property?
This property features: Triplex property on a 0.2344‑acre lot; 950‑square‑foot unit with 2 bedrooms and 1 bathroom; In‑unit laundry with dedicated laundry room
More about this property
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