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    Covina, CA Multifamily Properties for Sale

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    Remodeled Triplex with Accessory Units
    Updated: Apr 9
    Remodeled Triplex with Accessory Units

    16151 E Kingside Dr, Covina, CA 91722

    $400,000
    2,063 sqft
    Three‑unit configuration with a primary residence, ADU, and JADU
    Permitted ADU and JADU attached to the main house
    Main residence includes 3 bedrooms and 1 bath
    ADU offers 1 bedroom, 1 bath, and 1 kitchen
    JADU includes 1 bedroom, 1 bath, and 1 kitchen
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    This listing looks promising.

    Here's a quick look at some key insights for

    16151 E Kingside Dr, Covina, CA 91722

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $36K
      Annual

    • Price @ 7% Cap

      $515K
      Above asking

    • Property Type

      Single Family Residence
      Built 1954
    View Property Analytics
    Two-Unit Duplex with Detached Garage
    Updated: Jun 1
    Two-Unit Duplex with Detached Garage

    231-231-1/2 E Dexter, Covina, CA 91723

    $1,050,000
    0.20 AC lot
    Two‑bedroom, one‑bath front and rear residences
    0.2002‑acre lot with two separate units
    Detached two‑car garage, carport, and driveway parking
    Separate electric, gas, and water meters
    Front unit includes private yard and deep driveway
    View details
    Garden-Style Apartment Community
    Garden-Style Apartment Community

    826 N Barranca, Covina, CA 91723

    $7,280,000
    1.03 AC lot

    A 24-unit rental community with varied floor plans, central HVAC, laundry facilities, and a swimming pool.

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    Updated Duplex with Central Air
    Updated Duplex with Central Air

    5505 N Traymore, Covina, CA 91722

    Contact for pricing
    948 sqft 0.09 AC lot

    Single-story residential property with refreshed finishes, a landscaped yard, and public water and sewer service.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    Remodeled Duplex with Detached ADU
    Remodeled Duplex with Detached ADU

    383 W Badillo, Covina, CA 91723

    $950,000

    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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    Duplex with New ADU
    Duplex with New ADU

    4850 N Vincent, Covina, CA 91722

    $999,000

    Vacant two-unit property with separate laundry, air conditioning, and updated interiors.

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    Garden-Style Multifamily Apartment Community
    Garden-Style Multifamily Apartment Community

    826 N Barranca, Covina, CA 91723

    $7,280,000

    Twenty-four-unit apartment community featuring central HVAC, on-site laundry, and a community swimming pool.

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    Two-Building Apartment Community
    Two-Building Apartment Community

    445 W Front Street, Covina, CA 91723

    $5,150,000

    The property includes a gated swimming pool and on-site property management.

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    Updated 2-Bed Mobile Home
    Updated 2-Bed Mobile Home

    D7-716 N Grand Ave, Covina, CA 91724

    $54,900

    Move-in-ready mobile home with 2 bedrooms, 2 baths, new flooring, and central air.

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    Garden-Style Apartment Community
    Garden-Style Apartment Community

    445 W Front Street, Covina, CA 91723

    Contact for pricing

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

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    Triplex with Separate Utility Meters
    Triplex with Separate Utility Meters

    354 E College Street, Covina, CA 91723

    Contact for pricing

    Three residential units offer varied layouts, including a two-story front unit and private outdoor areas.

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    Custom-Built Triplex with Private Patios
    Custom-Built Triplex with Private Patios

    215 E Navilla Place, Covina, CA 91723

    Contact for pricing

    Three-unit property includes separate utility metering, shared laundry, and covered parking.

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    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 14 Active listings in Covina, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 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.

    West Covina Multifamily Investment Opportunity
    West Covina Multifamily Investment Opportunity

    149 S Bandy Avenue, West Covina, CA 91790

    $2,770,000
    8,026 sqft 0.25 AC lot

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

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    28-Unit Courtyard Apartment Building
    28-Unit Courtyard Apartment Building

    1127 1131 Garvey Avenue, West Covina, CA 91790

    $6,800,000
    18,382 sqft

    Two-story community with a varied studio, one-bedroom, and two-bedroom unit mix.

    View details
    Glendora Mobile Home with Upgrades
    Glendora Mobile Home with Upgrades

    1700 S Glendora Ave 43, Glendora, CA 91740

    $140,000

    Mobile home in Glendora, near amenities and freeways.

    View details
    Renovated Mixed-Use Property
    Renovated Mixed-Use Property

    618-620 Route 66, Glendora, CA 91740

    Contact for pricing
    43,486 sqft 1.45 AC lot

    Multifamily residences and office-retail suites share a renovated campus with a pool, controlled access, parking, and centralized HVAC.

    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.

    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.

    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)

    341 School St, Covina, CA 91723-1634

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

    544 1st Ave, Covina, CA 91723-3165

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

    305 Navilla Pl, Covina, CA 91723-3126

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

    500 Eremland Dr, Covina, CA 91723-3101

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

    667 1st Ave, Covina, CA 91723-3550

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

    270 Badillo St, Covina, CA 91723-2127

    Value Estimation 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

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

    275 Orlando Way, Covina, CA 91723-3016

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

    19529 Cypress St, Covina, CA 91724-2062

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

    211 Ctr St, Covina, CA 91723-2674

    $1,315,000
    Estimated value
    4,152 sqft 0.24 AC lot
    View details

    Covina, CA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Covina, CA, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 4,187 square feet of properties for sale, with an estimated market value of $27,886,900.

    Sale prices for multifamily properties in Covina, CA start at $54,900, averaging $2,788,690, 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 5
    Apartment buildings 4
    Triplexes 4
    Mobile home & RV parks 2
    Short term rental properties 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
    91724 $54.9K
    91722 $192.5K
    91723 $5.2M

    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 pricing trends across core commercial property types in Los Angeles County

    Retail

    Office

    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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    Most Searched ZIP Codes in Covina, CA

    • 91723
    • 91722
    • 91724

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