Multifamily

Covina, CA Multifamily Properties for Sale

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West Covina, CA Irwindale, CA Azusa, CA Glendora, CA Baldwin Park, CA Duarte, CA San Dimas, CA Walnut, CA
9 properties
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Updated Duplex with Central Air
Updated: Aug 17
Updated Duplex with Central Air

5505 N Traymore, Covina, CA 91722

Contact for pricing
948 sqft 0.09 AC lot
Duplex classification with a single‑story 3‑bedroom, 1‑bath residence
948 square feet on a 0.0918‑acre lot
Central air conditioning and updated laminate flooring
Kitchen includes refrigerator, gas range, gas oven, and dishwasher
Newer roof, copper plumbing, fencing, driveway, and landscaping
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14-Unit Apartment Community
Updated: Sep 19
14-Unit Apartment Community

708 E Ruddock Street, Covina, CA 91723

$4,100,000
14,999 sqft 0.79 AC lot
14 apartment units on a 34,279‑square‑foot lot
14,999 square feet of building area; built in 1978
Six townhouse‑style units offer two‑story layouts
40 parking spaces across garages, covered parking, and on‑grade spaces
Central air conditioning and individual water heaters
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Duplex with Four-Car Garage
Duplex with Four-Car Garage

449 S Barranca, Covina, CA 91723

$1,320,000
3,403 sqft 0.44 AC lot

Two occupied residences with separate layouts, substantial parking, and convenient freeway access.

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See hot listings in Covina

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Remodeled Three-Bedroom Mobile Home
Remodeled Three-Bedroom Mobile Home

36-21210 E Arrow Hwy, Covina, CA 91722

$225,000
1,176 sqft

Remodeled within about two years with an open floor plan and cathedral ceilings plus updated windows, flooring, and plumbing.

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78-Unit Apartment Community
78-Unit Apartment Community

19550 E Cienega Avenue, Covina, CA 91724

$22,500,000
3.35 AC lot

Two-story apartment community with gated pool, spa, upgraded interiors, and on-site laundry facilities.

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Renovated Duplex With Separate Meters
Renovated Duplex With Separate Meters

5112 N Sunflower, Covina, CA 91724

$1,299,000

A two-unit property combines flexible living space with separately metered gas and electric service.

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Remodeled Duplex with Detached ADU
Remodeled Duplex with Detached ADU

383 W Badillo, Covina, CA 91723

$935,000

Updated two-unit property with flexible living arrangements, separate laundry areas, and a covered patio overlooking the backyard.

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Apartment Building with Assigned Parking
Apartment Building with Assigned Parking

21306 E Arrow, Covina, CA 91724

$4,498,000

The property includes wall-mounted units, a wall furnace, and assigned covered parking.

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Garden-Style Apartment Community
Garden-Style Apartment Community

445 W Front Street, Covina, CA 91723

$5,075,000

Well-maintained gated multifamily property with two garden-style buildings and units ready for immediate lease or rental.

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Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 9 Active listings in Covina, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads, plus 1 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.

Mixed-Use Apartments and Office Building
Mixed-Use Apartments and Office Building

618 W Rte 66, Glendora, CA 91740

$12,295,000
42,485 sqft 1.45 AC lot

Mixed-use property with 48 apartments and 28 commercial suites, including ground-floor retail and second-story office space.

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3-Unit Triplex with Separate Meters
3-Unit Triplex with Separate Meters

212 N Azusa AVE, Azusa, CA 91702

$875,000
0.16 AC lot

Three units feature separate metering for gas and electricity across the property.

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Six-Residence Apartment Property
Six-Residence Apartment Property

700 W 2nd St, Azusa, CA 91702

$3,226,000

Four homes are two-story, while two are single-story, creating a varied residential configuration on a private street.

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Multifamily, Land
Multifamily, Land

1749 S. Valley Center Ave, Glendora, CA 91740

Contact for pricing

Apartment buildings

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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.

Entitled Income-Restricted Housing Project
Entitled Income-Restricted Housing Project

3812 W Adams Blvd, Los Angeles, CA 90018

$3,900,000
15,359 sqft 0.35 AC lot

Entitled 106-unit income-restricted housing project with RTI permits.

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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)

341 School St, Covina, CA 91723-1634

Estimated value:
$2,220,000
12,684 sqft 0.70 AC lot
View details
544 1st Ave
APARTMENT HOUSE (5+ UNITS)

544 1st Ave, Covina, CA 91723-3165

Estimated value:
$340,000
3,788 sqft 0.18 AC lot
View details
305 Navilla Pl
APARTMENT HOUSE (5+ UNITS)

305 Navilla Pl, Covina, CA 91723-3126

Estimated value:
$1,270,000
3,672 sqft 0.17 AC lot
View details
500 Eremland Dr
APARTMENT HOUSE (5+ UNITS)

500 Eremland Dr, Covina, CA 91723-3101

Estimated value:
$1,155,000
6,430 sqft 0.22 AC lot
View details
667 1st Ave
APARTMENT HOUSE (5+ UNITS)

667 1st Ave, Covina, CA 91723-3550

Estimated value:
$310,000
7,920 sqft 0.31 AC lot
View details
270 Badillo St
APARTMENT HOUSE (5+ UNITS)

270 Badillo St, Covina, CA 91723-2127

Estimated value: by Request
8,673 sqft 0.36 AC lot
View details
500 1st Ave
APARTMENT HOUSE (5+ UNITS)

500 1st Ave, Covina, CA 91723-3159

Estimated value:
$300,000
4,798 sqft 0.36 AC lot
View details
275 Orlando Way
APARTMENT HOUSE (5+ UNITS)

275 Orlando Way, Covina, CA 91723-3016

Estimated value:
$1,740,000
3,944 sqft 0.18 AC lot
View details
19529 Cypress St
APARTMENT HOUSE (5+ UNITS)

19529 Cypress St, Covina, CA 91724-2062

Estimated value:
$2,600,000
9,207 sqft 0.38 AC lot
View details
211 Ctr St
APARTMENT HOUSE (5+ UNITS)

211 Ctr St, Covina, CA 91723-2674

Estimated value:
$1,315,000
4,152 sqft 0.24 AC lot
View details
219 Ctr St
APARTMENT HOUSE (5+ UNITS)

219 Ctr St, Covina, CA 91723-2556

Estimated value: by Request
4,486 sqft 0.23 AC lot
View details
221 Dexter St
APARTMENT HOUSE (5+ UNITS)

221 Dexter St, Covina, CA 91723-2538

Estimated value:
$2,965,000
11,096 sqft 0.47 AC lot
View details
449 Puente St
APARTMENT HOUSE (5+ UNITS)

449 Puente St, Covina, CA 91723-2721

Estimated value:
$335,000
5,022 sqft 0.25 AC lot
View details
663 Ruddock St
APARTMENT HOUSE (5+ UNITS)

663 Ruddock St, Covina, CA 91723-1718

Estimated value:
$1,750,000
5,656 sqft 0.17 AC lot
View details
19553 Cienega Ave
APARTMENT HOUSE (5+ UNITS)

19553 Cienega Ave, Covina, CA 91724-4016

Estimated value:
$2,345,000
13,742 sqft 0.70 AC lot
View details

Covina, CA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Covina, CA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 20,526 square feet of properties for sale, with an estimated market value of $39,952,000.

Sale prices for multifamily properties in Covina, CA start at $225,000, averaging $4,994,000, and reaching up to $22,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 5
Apartment buildings 3
Mobile home & RV parks 2
Short term rental properties 1
Triplexes 1

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 average listing prices of real estate assets

Neighborhood Average Price
91722 $112.5K
91723 $4.4M
91724 $9.4M

Taxes & Financing

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

Listings Trend

New vs delisted commercial listings in Los Angeles County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Los Angeles County

Residential Income

Property Size Breakdown

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

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