500 S 1st Avenue, Covina, CA 91723

About this property

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

$1,820,000

Sold April 2026 · listed $1,875,000, on market March 2026 · MLS #CV26050368 · Source: CRMLS

Listing Agent: Javier Montiel · Listing Office: COLDWELL BANKER TOWN & COUNTRY · Contact: 626-589-1221 · Bought with: Kiran Dhillon · NONMEMBER MRML

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