500 S 1st Avenue, Covina, CA 91723
Property
Sold April 2026
Listing Agent: Javier Montiel (DRE #01811005) · Listing Office: COLDWELL BANKER TOWN & COUNTRY · Contact: 626-589-1221 · Bought with: Kiran Dhillon · NONMEMBER MRML · MLS #CV26050368 · Source: CRMLS
How this sale compares
500 S 1st Avenue sold for $1,820,000 in April 2026, 2.9% under its $1,875,000 list price, after 13 days on the market. Across 52 closed sales in 91723 over the last 12 months, the median sold price is $722,500 and the median is $506 per square foot.
| Quarter | Closed sales in 91723 | Median sold price |
|---|---|---|
| Q1 2026 | 5 | $799,000 |
| Q2 2026 | 14 | $839,950 |
| Q3 2026 | 22 | $730,000 |
| Q4 2026 | 11 | $620,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Covina · Homes for sale in 91723
Description
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.
Listing description from the April 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 500 S 1st Avenue
236 E Navilla: Sold $1,365,000 · Oct 2026 · 0.1 mi
TREELANE REALTY GRP, INC. | DRE #01942540
Buyer's agent: YingYing Zhang, Coldwell Banker Envision | DRE #02023473333 S 1st: Sold $725,000 · 3 bd · 2 ba · 1,300 sqft · Sep 2026 · 0.2 mi
eXp Realty of Greater L. A. | DRE #02099843
Buyer's agent: George Cervantes, Century 21 Affiliated | DRE #00372954116 E Center Street: Sold $735,000 · 3 bd · 2 ba · 1,308 sqft · Jul 2026 · 0.4 mi
BERKSHIRE HATH HM SVCS CA PROP | DRE #01225253
Buyer's agent: Sandee Hwang-Smith, Sandee Hwang-Smith, Broker | DRE #01860479768 S Barranca Avenue: Sold $799,000 · 3 bd · 2 ba · 1,551 sqft · Jan 2026 · 0.4 mi
Sky Chain Realty | DRE #01707767
Buyer's agent: FRANCISCO ESTRADA MARTINEZ, eXp Realty of Greater Los Angeles | DRE #02248870448 S Vecino: Sold $880,000 · 3 bd · 3 ba · 2,202 sqft · May 2026 · 0.4 mi
RE/MAX MASTERS REALTY | DRE #01205350
Buyer's agent: Javier Montiel, KELLER WILLIAMS COVINA | DRE #01811005780 S Briargate Lane: Sold $1,075,000 · 4 bd · 3 ba · 2,064 sqft · Jan 2026 · 0.5 mi
Luxre Realty, Inc. | DRE #01318204
Buyer's agent: Analia Ayala, Dependable Realty Services, Inc. | DRE #01979285151 College Way: Sold $865,000 · 3 bd · 2 ba · 1,150 sqft · Jun 2026 · 0.5 mi
JNJ Properties Inc. | DRE #01495561
Buyer's agent: Bryan Van Zee, Seven Gables Real Estate | DRE #02017702677 E Orangewood: Sold $1,085,000 · 4 bd · 3 ba · 2,134 sqft · May 2026 · 0.5 mi
Golden Feather Investments Inc | DRE #02057917
Buyer's agent: Omar Mayorga, RE/MAX MASTERS REALTY | DRE #02129366
Closed sales reported in 91723, nearest first, last 12 months. All recent sales in Covina →