San Gabriel Valley Real Estate Search

Below, please find Covina, Ca million dollar homes for sale.

Covina Listings

$22,500,000
WS26194584 MLS ⋅ Active Status
Villa Christina Apartments is a well-maintained, resort-style 78-unit multifamily community located in the Charter Oak neighborhood of Covina, in unincorporated Los Angeles County. Family owned and operated for 37 years, the property consists of four two-story buildings situated on 3.35 acres and offers a highly desirable mix of 49 two-bedroom/two-bath units and 29 three-bedroom/two-bath units. The community features a gated pool and spa, barbecue areas, ample on-site parking with 177 spaces, and a property-owned laundry facility. Approximately 68% of the units have received full interior upgrades,, or kitchen upgrades only, including stone countertops, custom cabinetry, and full appliance packages. Recent capital improvements include a comprehensive pool and spa renovation completed in 2024 and the replacement of Building B’s roof in 2026. The property is subject to the LA County Rent Stabilization Ordinance. There is the potential to add ADU's, buyer to further evaluate. Villa Christina presents a compelling value-add opportunity with 38% upside in current rents. Villa Christina offers a buyer a stabilized multifamily platform in the Charter Oak neighborhood of Covina with clear mark-to-market upside and long-term hold fundamentals.

19550 E Cienega Avenue, 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. This 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
$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
$3,650,000
TR26036383 MLS ⋅ Active Status
Very convenient located 13,200 sq warehouse with office/showroom space and 0.57 AC Lot. This warehouse has an 8,000 sq ft exterior metal canopy serves as a cost-effective space multiplier that ensures operational continuity by providing weather protection for inventory, enhancing personnel safety, and reducing overhead costs through improved energy efficiency. Parking Ratio 0.91/1,000, Clear Ceiling Height 12', 2x Loading Docks, 1x Drove-In/Grade-Level Door, Zoning: M1, Close to Metrolink (2.5mi/5min), City of Industry (4.8mi/9min), Ontario International Airport (21mi/27min), Long Beach (Daugherty Field) (28mi/37min), Bob Hope (34mi/43min), Port of Long Beach (34mi/43min). Lot size about 32,000 sf. Buyer to verify ALL aspects of warehouse.

536 N Vincent, Covina
$3,200,000
8 Beds ⋅ 7 Baths ⋅ PW26096582 MLS ⋅ Active Status
Welcome to the prestigious Mesa Oaks community of Covina, where privacy, space, and incredible potential come together on an expansive gated estate. Situated on an impressive ~62,000+ sq ft lot, this remarkable property offers approximately 7,020 sq ft of living space per Matterport walkthrough (supporting documentation available), surrounded by mature trees and a serene, park-like setting. This spacious residence features 8 bedrooms and 6.5 bathrooms, including a generous primary suite conveniently located on the main level. Designed for flexibility, the floor plan offers multiple living areas, a loft, and a dedicated space ideal for a home gym, office, or creative studio. A detached guest house enhances the property, complete with its own kitchen, bathroom, and laundry area—perfect for extended stays, guests, or added privacy. Step outside to your own private retreat, where a sparkling pool and lush landscaping create a peaceful, resort-style atmosphere. The expansive grounds provide endless possibilities to customize, update, and elevate this estate to its full potential. Additional features include a 3-car attached garage, gated entry, and a versatile layout suited for a variety of living arrangements. This is a rare opportunity to own a truly special property in one of Covina’s most sought-after neighborhoods—offering space, privacy, and exceptional upside. Some pictures are virtually staged. Link to video walk-through: https://www.wellcomemat.com/video/54fb54d7c3721mkai/PW26096582/

20827 E Mesarica Road, 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.