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    Covina, CA Multifamily Properties for Sale

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    West Covina, CA Irwindale, CA Azusa, CA
    10 results
    Covina Multifamily Investment Opportunity
    $3,995,000
    13,000 SF

    Covina Multifamily Investment Opportunity

    254 W Dexter, Covina, CA 91723

    Fully occupied Covina apartments with upgraded units and rental upside.

    • Rare, fully occupied multifamily asset with predominantly large 3‑bedroom units, appealing to families.
    • Central Covina location with convenient access to transportation, retail, schools, and employment centers.
    • Most units extensively upgraded with updated flooring, kitchens, bathrooms, and fixtures, reducing capital expenditure.
    • Strong rental demand and potential for continued rental upside.
    • Desirable commuter access to employment centers throughout Los Angeles County.
    Updated: May 22
    View details
    Covina Multifamily Investment Opportunity
    $7,280,000
    22,820 SF

    Covina Multifamily Investment Opportunity

    826 N Barranca, Covina, CA 91723

    24-unit apartment community in Covina, California.

    • Strong value‑add opportunity in a desirable San Gabriel Valley rental market.
    • Diverse unit mix including studio, one‑bedroom, two‑bedroom, and four‑bedroom floor plans.
    • Convenient access to I‑10, I‑210, and I‑605 freeways providing connectivity throughout Southern California.
    • Community features a swimming pool, on‑site laundry facilities, and covered carport parking.
    • Not under local rent control, subject only to California AB‑1482.
    Updated: May 21
    View details
    Covina Duplex on Large Lot
    $1,050,000
    1,920 SF

    Covina Duplex on Large Lot

    Two houses on one lot, ideal for rental income.

    231 E Dexter, Covina, CA 91723
    View details
    Covina Quadruplex Investment Opportunity
    $1,099,000
    3,072 SF

    Covina Quadruplex Investment Opportunity

    Well-kept Covina quadruplex with income potential in a strong rental market.

    206 N Grandview, Covina, CA 91723
    View details
    Covina Garden Apartment Buildings
    $5,150,000
    13,268 SF

    Covina Garden Apartment Buildings

    Multi-residential buildings in excellent Covina community near downtown.

    445 W Front Street, Covina, CA 91723
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    Covina Multifamily Investment Opportunity
    $1,150,000
    3,000 SF

    Covina Multifamily Investment Opportunity

    Four units with upside potential in Covina.

    206 N Grandview, Covina, CA 91723
    View details
    Covina Multifamily with Upgraded Units
    $3,995,000
    13,000 SF

    Covina Multifamily with Upgraded Units

    Fully occupied Covina multifamily property with upgraded units and upside.

    254 W Dexter, Covina, CA 91723
    View details
    Two Houses on R3 Lot
    $1,050,000
    1,754 SF

    Two Houses on R3 Lot

    Two single-family houses on one lot, ideal for development.

    231 E Dexter Street, Covina, CA 91723
    View details
    Covina Multifamily Investment Opportunity
    $1,250,000
    3,000 SF

    Covina Multifamily Investment Opportunity

    Well-kept four-unit multifamily property in Covina with income potential.

    206 N Grandview, Covina, CA 91723
    View details
    Covina Apartment Building with Carports
    $1,875,000

    Covina Apartment Building with Carports

    Eight-unit apartment building with yards, carports, and on-site laundry.

    500 S 1st Avenue, Covina, CA 91723
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 10 Active listings in Covina, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Well-Maintained 7-Unit Apartment Complex
    $2,399,000
    7,789 SF

    Well-Maintained 7-Unit Apartment Complex

    Stable Glendora residential community, ample parking, high tenant retention.

    424 E Ada Avenue, Glendora, CA 91741
    View details
    West Covina Multifamily Investment Opportunity
    $2,915,000
    8,026 SF

    West Covina Multifamily Investment Opportunity

    Eleven-unit multifamily property in West Covina with cash flow potential.

    149 S Bandy Avenue, West Covina, CA 91790
    View details
    West Covina Multifamily Investment Opportunity
    $2,915,000
    8,026 SF

    West Covina Multifamily Investment Opportunity

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

    149 S Bandy Avenue, West Covina, CA 91790
    View details
    Glendora Mobile Home with Upgrades
    $140,000

    Glendora Mobile Home with Upgrades

    Mobile home in Glendora, near amenities and freeways.

    1700 S Glendora Ave 43, Glendora, CA 91740
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    El Monte Development Opportunity
    $515,000
    7,422.00 Acres

    El Monte Development Opportunity

    R3-zoned lot ideal for multi-family residential development.

    2509 Floradale Avenue, El Monte, CA 91732
    View details
    Ready-to-Issue Affordable Housing Project
    $1,800,000
    0.26 Acres

    Ready-to-Issue Affordable Housing Project

    78-unit affordable housing project near Dodger Stadium and Mount Washington.

    3526 Arroyo Seco Ave, Los Angeles, CA 90065
    View details
    Development Opportunity with DTLA Views
    $799,000
    9,746.00 Acres

    Development Opportunity with DTLA Views

    Land with potential for up to 23 units.

    700 Lookout Dr, Los Angeles, CA 90012
    View details
    Silver Lake Affordable Housing Development
    $2,350,000
    0.18 Acres

    Silver Lake Affordable Housing Development

    Ready-to-Issue 54-unit affordable housing development opportunity in prime Silver Lake.

    1108 Manzanita St, Los Angeles, CA 90029
    View details

    Off-Market Properties in Covina, CA

    Consider similar Off-Market properties in Covina, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    341 School St
    APARTMENT HOUSE (5+ UNITS)
    12,684 SF Lot: 0.70 Acres
    Estimated value
    $2,220,000

    341 School St, Covina, CA 91723-1634

    View details
    544 1st Ave
    APARTMENT HOUSE (5+ UNITS)
    3,788 SF Lot: 0.18 Acres
    Estimated value
    $585,000

    544 1st Ave, Covina, CA 91723-3165

    View details
    305 Navilla Pl
    APARTMENT HOUSE (5+ UNITS)
    3,672 SF Lot: 0.17 Acres
    Estimated value
    $1,270,000

    305 Navilla Pl, Covina, CA 91723-3126

    View details
    500 Eremland Dr
    APARTMENT HOUSE (5+ UNITS)
    6,430 SF Lot: 0.22 Acres
    Estimated value
    $1,130,000

    500 Eremland Dr, Covina, CA 91723-3101

    View details
    667 1st Ave
    APARTMENT HOUSE (5+ UNITS)
    7,920 SF Lot: 0.31 Acres
    Estimated value
    $960,000

    667 1st Ave, Covina, CA 91723-3550

    View details
    270 Badillo St
    APARTMENT HOUSE (5+ UNITS)
    8,673 SF Lot: 0.36 Acres
    Value Estimation by Request

    270 Badillo St, Covina, CA 91723-2127

    View details
    500 1st Ave
    APARTMENT HOUSE (5+ UNITS)
    4,798 SF Lot: 0.36 Acres

    500 1st Ave, Covina, CA 91723-3159

    View details
    275 Orlando Way
    APARTMENT HOUSE (5+ UNITS)
    3,944 SF Lot: 0.18 Acres
    Estimated value
    $1,805,000

    275 Orlando Way, Covina, CA 91723-3016

    View details
    19529 Cypress St
    APARTMENT HOUSE (5+ UNITS)
    9,207 SF Lot: 0.38 Acres
    Estimated value
    $2,600,000

    19529 Cypress St, Covina, CA 91724-2062

    View details
    211 Ctr St
    APARTMENT HOUSE (5+ UNITS)
    4,152 SF Lot: 0.24 Acres
    Estimated value
    $1,390,000

    211 Ctr St, Covina, CA 91723-2674

    View details
    219 Ctr St
    APARTMENT HOUSE (5+ UNITS)
    4,486 SF Lot: 0.23 Acres
    Value Estimation by Request

    219 Ctr St, Covina, CA 91723-2556

    View details
    221 Dexter St
    APARTMENT HOUSE (5+ UNITS)
    11,096 SF Lot: 0.47 Acres
    Estimated value
    $2,965,000

    221 Dexter St, Covina, CA 91723-2538

    View details
    449 Puente St
    APARTMENT HOUSE (5+ UNITS)
    5,022 SF Lot: 0.25 Acres
    Estimated value
    $1,170,000

    449 Puente St, Covina, CA 91723-2721

    View details
    663 Ruddock St
    APARTMENT HOUSE (5+ UNITS)
    5,656 SF Lot: 0.17 Acres
    Estimated value
    $1,750,000

    663 Ruddock St, Covina, CA 91723-1718

    View details

    Covina, CA Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Covina, CA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 74,834 square feet of properties for sale, with an estimated market value of $26,019,000.

    Sale prices for multifamily properties in Covina, CA start at $1,050,000, averaging $2,891,000, and reaching up to $7,280,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Apartment buildings 5
    Duplexes 3
    Quadplexes 3
    Mobile home & RV parks 1

    Property Size Breakdown

    The majority of commercial real estate listings in Covina fall within the 10,000 to 25,000 square foot range.

    Demographics Overview

    Population 80K
    Population Growth (5Y) -0.1%
    Median Household Income $97,050
    College Educated 36.3%

    High-Yield Neighborhoods for Investment

    Identify Covina submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    91723 $2.8M

    Taxes & Financing

    Tax Rate (average for all types) 1.29%
    Property Tax per SF $13.39 per sq ft
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

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