This 8-unit apartment building in Covina includes (2) 2-bedroom, 1-bath units and (6) 1-bedroom, 1-bath units. Each apartment has a large private yard, and two units feature spacious balconies. The property includes eight covered carports with storage cabinets and a shared on-site laundry facility. Three of the units have been recently updated. Additional improvements include upgraded electrical, fresh exterior paint, and newer windows. Located near downtown Covina and its shops, restaurants, and local amenities, with convenient access to the Covina Metrolink station, I-10, and SR-57, the property benefits from steady rental demand and consistent occupancy. This well-maintained building offers reliable cash flow and strong long-term investment potential.
MLS #
CRCV26050368
MLS Source
California Regional MLS
Days on Site
4
Cooling
Window/Wall Unit
Heating
Wall Furnace
Garage/Parking
Carport, Garage: 0 Car(s)
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 7 | – |
500 S 1st Ave is a Residential Income in Covina, CA 91723. This – square foot property sits on a 15,945 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,875,000 and was built in 1954. This address can also be written as 500 S 1st Ave, Covina, CA 91723.
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This listing information is up-to-date as of March 11, 2026. For the most current information, please contact Javier Montiel