500 S 1st Avenue, Covina, CA 91723 (MLS # CV26050368)

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PRICE $1,875,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 4,798 sqft
LOT SIZE 15,943 sqft

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.

DAYS ON MARKET 1 LAST UPDATED 3/7/2026
YEAR BUILT 1954 COMMUNITY 614 - Covina
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
AREA 614 - Covina
EXTERIOR Rain Gutters
FIREPLACE Yes
HEAT Wall Furnace
INTERIOR Ceiling Fan(s), High Ceilings
LOT 0.366 acre(s)
LOT DESCRIPTION Back Yard
LOT DIMENSIONS 15945
PARKING Carport
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with COLDWELL BANKER TOWN & COUNTRY

Based on information from CRMLS as of 3/8/26 12:48 AM PST. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

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This IDX solution is (c) Diverse Solutions 2026.