San Gabriel Valley Real Estate Search

Covina Investment Properties

You don't have to treat a house only as a place to live.  It can also be used as an investment that will supplement your income.  The city of Covina offers a wide range of selections if you're interested in purchasing property as an investment.

Not all investment properties are the same, however. Financial pundits often advise buyers of investment properties - especially first-time buyers - to carefully determine what type of property fits their strategies. Not sure? Let our team help you to make that decision on what kind of unit - single family, condo, duplex, multi-unit, commercial - best reflects your situation and interests. In an unpredictable stock market, investment in real estate may offer a welcome alternative to volatile portfolios.  Covina investment properties for sale.

Latest Investment Properties

$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
$1,299,000
IV26147869 MLS ⋅ Active Status
Covina Duplex Investment Opportunity! Exceptional opportunity to own a well-maintained duplex in one of Covina's most desirable neighborhoods, just walking distance to the popular Glendora Public Market. Conveniently located within the highly sought-after Charter Oak Unified School District, this income-producing property also offers easy access to shopping, dining, parks, and major freeways, making it an ideal investment in a prime location. The front unit features 4 bedrooms and 2 bathrooms, plus a versatile bonus room and a private enclosed patio, providing generous living space and added privacy. The rear unit, built in 2007, offers 3 bedrooms and 2 bathrooms, along with its own separate garage. Extensive renovations were completed in 2022, including a new roof, remodeled kitchen, updated primary bathroom, new flooring, recessed lighting throughout, and a brand-new HVAC system for the front unit, providing peace of mind for years to come. Each unit has separate gas and electric meters, helping minimize owner expenses.

5112 N Sunflower, Covina
$1,788,000
9 Beds ⋅ 8 Baths ⋅ 26848197 MLS ⋅ Active Status
This 1990-built, four-unit townhouse-style compound in the heart of Covinas high-demand rental corridor offers a rare blend of modern infrastructure and operational efficiency, making it a premier turnkey investment. Designed to streamline management, the property features full utility independence with separately metered gas and electricity for every unit. The unit mix consists of one (1) 3-bed/2-bath residence and three (3) 2-bed/2-bath residences, all outfitted with modern amenities including central air conditioning, gas ranges, dishwashers, garbage disposals, in-unit laundry hookups, and private wood-fenced patios. The property distinguishes itself from local competition with a robust parking configuration that combines attached and detached garages with dedicated on-site guest spaces. Situated on a massive 11,148 SF lot, the site also offers significant value-add potential for future development or ADU expansion, subject to buyer verification. Combining quality construction with efficient infrastructure, this high-performing asset is ideally positioned as a reliable, long-term anchor for any investment portfolio.

219 W Puente Street, Covina
$7,280,000
TR26111339 MLS ⋅ Active Status
The Bahamas Apartment is a 24-unit garden-style apartment community located at 826 N Barranca Avenue in Covina, California. Built in 1961, the property offers an attractive and diverse unit mix including studio, one-bedroom, two-bedroom, and four-bedroom floor plans with an average unit size of approximately 951 square feet. The property presents investors with a strong value-add opportunity in a desirable San Gabriel Valley rental market. The community features spacious layouts, central HVAC, on-site laundry facilities, a community swimming pool, covered carport parking, storage areas, and pitched composition roofs. Select units have been upgraded. Conveniently located with immediate access to the I-10, I-210, and I-605 freeways, the property provides connectivity throughout Los Angeles, Orange, Riverside, and San Bernardino Counties. The Bahamas Apartment is also minutes from Azusa Pacific University, Citrus College, Cal Poly Pomona, Plaza West Covina, and the Covina Metrolink Station. The offering is ideal for both private investors and 1031 exchange buyers seeking long-term upside through rental growth and operational improvements. The property is subject only to California AB-1482 and is not under local rent control, providing additional flexibility for future ownership.

826 N Barranca, Covina
$5,700,000
40 Beds ⋅ 40 Baths ⋅ 26783895 MLS ⋅ Active Status
We are pleased to present for sale a 20-unit multifamily property situated at 19531 E Cienega Ave in Covina. This property offers investors the opportunity to acquire a pride-of-ownership, value-add real estate asset in the heart of the San Gabriel Valley. Constructed in 1988, the property features a favorable unit mix consisting entirely of large 2-bedroom, 2-bathroom units. The units total approximately 16,191 square feet on a spacious 0.94-acre lot. Each unit includes its own patio or balcony and is separately metered for gas and electricity, providing added convenience. The property boasts an onsite laundry facility, a swimming pool, and secure gated entries. Parking accommodations include ample carports and uncovered spaces on the large lot. The property has been well-maintained under long-term ownership for over 20 years with most units having been renovated. Current rents are more than 25% below market, presenting a clear path for income growth. Located in unincorporated Los Angeles County, the property falls under the county's rent stabilization ordinance. Additionally, there is potential for additional rental income by adding accessory dwelling units (ADUs), subject to verification by the buyer. Strategically positioned, 19531 E Cienega Ave offers convenient access to a multitude of amenities and attractions. The property is in close proximity to supermarkets, national retailers, restaurants, and schools, with easy access to major transportation arteries, including the 210 and 10 freeways and the Covina Metrolink Station. This sought-after location provides investors with the prospect of acquiring a lucrative multifamily asset poised to generate substantial cash flow while offering a hedge against inflation in the thriving city of Covina.

19531 E Cienega Avenue, 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
$999,900
WS26074107 MLS ⋅ Active Status
Newly remodeled house has permited ADU and a JADU, both are attached to the main house. The JADU was converted from garage with one bedroom, one bath and one kitchen. The ADU is in the rear with one bedroom, one bath and one kitchen. Existing main house has 3 bedroom and one bath. The living area is 2,063SF in total.

16151 E Kingside, 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.