The median home value in Covina, CA is $302,900.
the county median home value of $314,000.
The national median home value is $152,300.
The average price of homes sold in Covina, CA is $302,900.
Approximately 38.12% of Covina homes are owned,
compared to 56.31% rented, while
5.57% are vacant.
Covina real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Covina real estate agent to arrange a tour today! Learn more about Covina Real Estate.
The Prospero Apartments has an excellent unit mix of 1 - one bedroom one bath unit, 9 - two bedroom one bath units, and 4 - three bedroom two bath units. Currently, the rent for the one bedroom one bath unit is $75 or 8% below the market rate of $925/month. The two bedroom one bath units are $125-$175 or 10%-14% below the market rate of $1,225/month. The three bedroom two bath units are $100 or 7% below the market rate of $1,400/month. Upon bringing up the current rents to the market level, this property will generate an additional $1,650/month income, and the annual gross income is targeted at $213,960. The Prospero Apartments is situated on a 16,358 square foot lot, with 14 carport parking, one for each unit. Historically, this apartment building has always had the occupancy rate of 100%. This is an ideal opportunity for owners who enjoy stable cash flow in a solid rental neighborhood with healthy rent increases to apply for higher returns in the next 12 months.
Prime Covina location, attractive two story garden style complex, excellent opportunity to purchase this quality built 11 unit. Well maintianed, highly desireable area. With good mix (2 -3bed, 2 bath, 7-2bed, 2 bath. 2-1 bed, 1 bath).Situated on a 26,000 sq ft. lot. offers spacious rooms, beautiful landscaping, laundry facilities,separate gas and selectric meters. There is no rent control. Only blocks away from schools, freeway and parks. Rents are below market with great potential for growth. Stable tenants. Adjacent parcel with 11 units at 504 S. Barranca Ave. also selling.
Prime Covina location, attractive two story garden style complex.excelletn opportunity to purchase this quality built 11 unit. well maintianed, highly desireable rental area. With a good mix (1-4 bed 1.5 bath.6-2 bed, 1 bath. 4-1 bed, 1 bath). Situated ona 22, 528 sq.ft. lot. Offers spacious rooms, beautiful landscapping, electrical gate, laundry facilities, separate gas and electric meters. There is no rent control. Only bolcks away from schools, park and freeways. Rents are below market with great potential for growth, stable tenants. Adjacenbt parcel with 11 units at 514 So. Barrance Avenue also selling. There is available parking for each unit.
Professional Office Building with Great location In Covina. High Visibility,Walking Distance To Downtown Covina And Inter-Community Hospital. A/C,Recently Remodeled,General Offices Suitable For Real Estate,Accounting,Insurance Agents,Law Offices,Medical,Etc...
Beautiful well kept single story garden style apartments on large lot in great Covina area. Large units with desirable floor plans. Swimming pool and a separate laundry room that creates extra income. One large owners unit with C/A. Some of the units have a backyard entrance facing the swimming pool. Low rents for the area. Some long term tenants. Owner has spent $$$ this year remodeling and upgrading including some new kitchens, granite, tile, carpet, paint and a newer washer & dryer in laundry room.
8 unit apartment building in the heart of Covina. Spacious 1 bedroom 1 bath units. Common laundry room, 8 covered carport spaces with storage units. Great location near Shoppers Lane, Downtown Covina, Metrolink Station, and much more! Fully occupied with long term tenants. Property to be sold as is.
Very sought after area, 1.5 blocks from downtown Covina. Major street, good traffic. 5 units, but can be combined if needed. Long term tenant on month to month. Rents are a little low and 1 units is occup. by part owner. Easy to rent, and take care of. Orginal owners; we built. This is a one of a kind, and a great oppturinty for owner occup or investment.
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