Covina Homes with Apartment Subtype

Welcome to Covina, California – a vibrant city nestled in the heart of Los Angeles County. Known for its charming neighborhoods, friendly community, and rich cultural heritage, Covina offers a unique blend of suburban tranquility and urban convenience. With its picturesque tree-lined streets and a variety of parks, Covina is the perfect place for families, young professionals, and retirees alike.

One of the standout features of Covina is its diverse housing market, particularly the availability of homes with apartment subtypes. These properties provide an excellent opportunity for homeowners and investors alike, offering flexible living arrangements that cater to a range of lifestyles. Imagine living in a spacious home while also having the option to generate rental income from an attached apartment. This setup is ideal for multi-generational families or those looking to supplement their mortgage payments.

Covina boasts a rich array of amenities, including a vibrant downtown area filled with shops, restaurants, and entertainment options. The city is also home to several highly-rated schools, making it an attractive choice for families seeking quality education. With easy access to major freeways and public transportation, commuting to nearby cities like Los Angeles and Pasadena is a breeze.

Whether you’re searching for a cozy bungalow or a spacious multi-family home, Covina offers a variety of options to suit your needs. Explore the charm of this hidden gem in Los Angeles County, where community spirit and a welcoming atmosphere await you. Discover your dream home in Covina today!

Newest Covina Homes with Apartment Subtype

$4,498,000

AR26165785 MLS ⋅ Active Status

First Time for Sale Since 1975 – Exceptionally Rare 16-Unit Single-Story Value-Add Multifamily across from City of Glendora and at the border of San Dimas, Offering Over 8% Pro Forma CAP Rate (All Month-to-Month Tenants). Centrally Located Near Shopping, Major Freeways, and Minutes from Colleges and Universities. Excellent Unit Mix (All 2-Bed), Situated on a Large, Over-Parked Lot with Clear ADU Upside Potential (Possibly 4 ADUs – Buyer to Verify). Total 4 Units Will Be Delivered Vacant. Copper Plumbing, Roof mostly upgraded recently. 21306–21310 E Arrow Highway, Covina, CA 91724 — a rare single-story layout multifamily investment opportunity located in the City of Covina. This is the first time this property offered for sale since 1975 (50 years). This value-add investment provides an excellent opportunity for savvy investors to increase the return to market level (over 8% CAP Rate – ALL tenants are month-to-month) and add several ADUs on the lot (buyer to verify). The property is strategically located on E Arrow Highway right across from the City of Glendora and at the border of City of San Dimas, and within blocks away from multiple shopping and dining (San Dimas Plaza, Glendora Public Market, etc.). Built in 1963, the property is a single-story garden-style apartment comprised of 16 units (spread over 4 fourplexes) totaling ±14,960 square feet which translates to a large average size per unit of ±935 sf (buyer to verify). It sits on a large ±34,878 square foot C4 zoned lot (±0.80 acre). Although the property address is on Arrow Hwy, the lot sits behind 2 commercial properties which create a barrier from traffic noise and create a more private setting for the tenants. It has 2 long driveways on each side to access the property. The property consists of four (4) x fourplexes and offers a superb unit mix of ALL 2bedroom+1bathroom units (Avg. size of 935 SF/unit - buyer to verify). It is currently fully occupied, and owner occupies 2 units (which will be delivered vacant). Two of the fourplexes (8 units) have a newer roof, each unit has laundry hookups, individual water heater and separately metered for electricity and gas. Each fourplex/building has six (6) parking spaces (garage/carport) making a total of 24 parking spaces. If the new owner only give 1 parking space to each unit, there are 8 extra parking spaces that can be easily converted into 4 new ADUS (buyer to verify). Recent CAPEX include plumbing upgrades to copper pipe in 2007.

21306 E Arrow, Covina

$1,480,000

WS26155918 MLS ⋅ Active Status

Proudly owned and meticulously maintained by the same owner since 1990, this exceptional multifamily investment reflects decades of dedicated ownership and care. Ideally located in the heart of Covina, the property offers convenient access to major freeways, shopping centers, restaurants, and everyday amenities, making it highly desirable for tenants. The property features a total of 10 bedrooms, 5 bathrooms, and 6 covered carport parking spaces. Over the past five years, ownership has completed significant capital improvements, including the replacement of the roof, boiler, and HVAC systems, minimizing future maintenance costs and providing peace of mind for a new owner. This is a rare opportunity to acquire a well-maintained income-producing asset with long-term pride of ownership, strong fundamentals, and an excellent location in one of Covina's established residential neighborhoods.

236 E Navilla, Covina

$5,150,000

CV26082699 MLS ⋅ Active Status

Located just a few blocks from downtown Covina, this property offers an excellent and highly desirable location. The property is in very good condition and has been well maintained, with units that are ready for immediate lease or rental. The community features a gated swimming pool for added safety and enjoyment, along with two contemporary garden-style buildings that provide a pleasant residential setting. An on-site property manager adds convenience and ensures smooth day-to-day operations.

445 W Front Street, Covina

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.