Covina Real Estate

Covina Real Estate

Welcome to Covina, California—a vibrant city nestled in the heart of Los Angeles County. Known for its rich history and community spirit, Covina offers a delightful blend of suburban charm and urban convenience. With a population of approximately 50,000 residents, this picturesque city is an ideal place for families, young professionals, and retirees alike.

Covina boasts a diverse array of amenities that cater to all lifestyles. The city is home to beautiful parks, including the expansive Covina Park, which features sports facilities, picnic areas, and playgrounds, perfect for family outings. The local shopping scene is thriving, with the Covina Town Center offering a mix of retail stores, restaurants, and entertainment options. Whether you’re in the mood for a casual bite or a fine dining experience, Covina’s culinary landscape has something to satisfy every palate.

Education is a priority in Covina, with a range of highly-rated public and private schools serving the community. The city is also conveniently located near major freeways, providing easy access to the greater Los Angeles area and beyond. This makes commuting a breeze for those who work in nearby cities.

Additionally, Covina is rich in cultural heritage, with events and festivals that celebrate the community’s diversity throughout the year. The historic downtown area features charming architecture and local boutiques, creating a welcoming atmosphere for residents and visitors alike.

Whether you’re looking to settle down or invest, Covina offers a warm community, a variety of housing options, and an unbeatable lifestyle. Explore Covina today and discover why it’s a hidden gem in Los Angeles County!

Newest Listings in Covina

$5,700,000
40 Beds 40 Baths 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 Ave, Covina

Courtesy of Colliers International Greater Los Angel, Edward Pan - CA DRE#01894476

Start Your Search

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS)is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identifyprospective properties visitor may be interested in purchasing.Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX)program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than thebroker and/or agent who owns this web site.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, isdeemed reliable but not guaranteed and should be personally verified through personal inspection by and/or withthe appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS,DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any disseminationof this information is in violation of copyright laws and is strictly prohibited.CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprisedof CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (VenturaCounty Regional Data Share).