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1127 E Garvey Ave, West Covina
$6,800,000
32 Beds ⋅ 28 Baths ⋅ ACTIVE Status
28-Unit Multifamily Investment Opportunity in West Covina. Exceptional opportunity to acquire West Covina Terrace Apartments, a well-located 28-unit multifamily apartment community situated at 1127-1131 E Garvey Ave N in West Covina. Built in 1958, the two-story property encompasses approximately 18,382 square feet of building area on an approximately 33,829-square-foot (0.78-acre) lot.The property is currently generating approximately $560,000 in annual gross income, providing an investor with substantial in-place revenue from day one. With an asking price of $6,800,000, the property is offered at approximately $243,000 per unit, an attractive basis for a 28-unit multifamily asset in the San Gabriel Valley. In addition to its current income stream, the property offers the potential for future revenue growth through continued professional management and the opportunity to increase rents over time as permitted.An additional benefit to ownership is the property's tenant utility reimbursement program for water and trash. Water and trash expenses are initially paid by ownership and subsequently billed back to and reimbursed by a majority of the tenants through a third-party utility billing service. These reimbursements provide additional income to help offset a portion of the property's utility expenses and improve operating efficiency.West Covina Terrace features a desirable and diversified unit mix consisting of 4 studio units, 20 one-bedroom/one-bathroom units, and 4 two-bedroom/one-bathroom units. The strong concentration of highly marketable one-bedroom apartments, complemented by studio and two-bedroom residences, appeals to a broad tenant base and provides a balanced rental mix.Additional property features include a gated courtyard-style setting, community laundry facilities, 28 separately metered electrical services, and designated on-site parking for every unit. Providing each residence with assigned parking is a particularly desirable amenity in the Southern California rental market and further enhances the property's tenant appeal.Strategically positioned along the Garvey Avenue corridor, the property offers excellent access to the I-10 Freeway and is conveniently located near Plaza West Covina, shopping, restaurants, employment centers, schools and everyday services. Its central San Gabriel Valley location provides convenient connectivity to surrounding communities and the greater Los Angeles area.The surrounding area also benefits from attractive demographics, with approximately 23,000 residents and more than 7,000 households within a one-mile radius, along with a median household income of approximately $89,000.With 28 units, approximately $539,000 in current annual gross income, Significant tenant reimbursement of water and trash expenses, designated parking for every unit, an asking price of approximately $243,000 per unit, a highly marketable unit mix and a substantial parcel, West Covina Terrace Apartments represents an excellent opportunity for an investor seeking immediate income, scale and long-term ownership potential in an established Southern California rental market. Please do not disturb tenants or walk the property without an appointment. Buyer and buyer's representatives are advised to independently verify all information, including but not limited to unit count and mix, square footage, lot size, zoning, permitted uses, rents, income, expenses, utility reimbursements, parking, building systems and development potential with the appropriate governmental agencies and other sources.

1127 E Garvey Ave, West Covina

Courtesy of Berkshire Hathaway HomeServices California Propert, Lane Aronson - CA DRE#00681193

1115 S Neff Ave, West Covina
$999,000
4 Beds ⋅ 2 Baths ⋅ ACTIVE Status
Welcome to this stunning West Covina home, offering a spacious and versatile layout designed for comfortable living and entertaining. This impressive property features 4 spacious bedrooms and 2 fully remodeled bathrooms, along with both a living room and a separate family room with a cozy fireplace, creating the perfect setting to gather and relax with family and friends. The home also includes a generous bonus room that can be used as a home gym, office, entertainment space, or additional bedroom. An additional separate private room offers even more flexibility and is ideal for running a business from home, creating a professional office, or setting up a private studio. Step outside to a large backyard with a wonderful view, offering plenty of space for entertaining, family gatherings, or simply relaxing and enjoying the outdoors. Situated in a prime West Covina location, this home is conveniently close to schools, shopping, dining, and major freeways. With its remodeled bathrooms, multiple living areas, fireplace, flexible bonus spaces, large backyard, and desirable location, this home offers an exceptional combination of space, comfort, and versatility.

1115 S Neff Ave, West Covina

Courtesy of The Agency, Kenia Cuevas - CA DRE#01765914

520 Smith Ln, West Covina
$968,000
4 Beds ⋅ 3 Baths ⋅ ACTIVE Status
Former model home in Cadanera, a gated community in West Covina. Built in 2015 and located on a cul-de-sac, this two-story home offers 3 bedrooms, 2.5 bathrooms, and a downstairs den/office with built-in cabinetry. Builder upgrades include flooring, kitchen countertops, bathroom countertops, and bathroom tile. The open kitchen features a center island, ample cabinetry, built-in appliances, and opens to the main living area. The first floor also includes a powder room, attached garage, crown molding, and tall ceilings. Upstairs are all three bedrooms, including a spacious primary suite with a separate tub and shower, plus a second full bathroom. The upstairs laundry room includes a sink and storage. Landscaped front and rear yards. Conveniently located near the 10 Freeway, shopping, dining, and everyday conveniences.

520 Smith Ln, West Covina

Courtesy of Pinnacle Real Estate Group, Michelle Hao - CA DRE#01905450

1320 W Farlington St, West Covina
$798,000
3 Beds ⋅ 2 Baths ⋅ ACTIVE Status
Your Next Chapter Starts Here! Some homes are simply lived in. And others become the setting for the life you've been meaning to build. Set along a serene, tree-lined cul-de-sac in West Covina, this ranch-style traditional is where your story begins. Built in 1959, three bedrooms and two bathrooms fill 1,301 square feet of comfortable living, a quiet foundation with room to grow into whatever you imagine. A home office where ideas take shape. A guest room that welcomes the people you love. A playroom echoing with laughter. The space is here; the memories are yours to make. The expansive 8,877 square foot lot stretches before you like a blank page. Plant a garden and watch it flourish. Gather friends and hang out beneath the stars. Make room for the RV and the adventures waiting down the road. With ADU potential, there's room to add a guest space, a studio, or a private retreat of your own. Additional features include a storage shed and an attached garage with ample parking in the driveway. All of this rests in a sought-after neighborhood, close to schools, shopping and major freeways, so daily life stays effortless while your possibilities keep expanding.

1320 W Farlington St, West Covina

Courtesy of Compass, Ramichael Monsod - CA DRE#01803447

1019 Hudson Ln, West Covina
$685,000
3 Beds ⋅ 3 Baths ⋅ ACTIVE Status ⋅ Cameron 56 Homeowners Association BLDG.
NOW DELIVERED VACANT December 1, 2026 with PAID-OFF SOLAR.Stunning 2020-built end-unit townhome in prime West Covina. This beautifully maintained 3-bedroom, 2.5-bathroom, 2-story residence offers exceptional privacy, abundant natural light, and stylish living. The open-concept main level features a spacious great room that flows into the gourmet kitchen and breakfast nook with elegant linen-style cabinets, sleek gray granite counters, a crisp tile backsplash, and premium rustic EVP flooring throughout.Tucked at the back of the complex, it delivers added privacy and safety with direct access to the private park area, pleasant views, and a backyard-like feel without the maintenance. Conveniently situated in the heart of West Covina with 5-minute access to the 10 Freeway and quick connections to Greater Los Angeles employment centers. Walking distance to shopping, dining, and entertainment.Move-in ready and low-maintenance: paid-off solar for substantial utility savings, smart thermostat and video doorbell, double-pane windows, fresh air management system, tankless water heater, LED lighting, and ENERGY STAR appliances. No tenant. No lease. Vacant December 1.

1019 Hudson Ln, West Covina

Courtesy of Brandon Hauer Real Estate Group, Brandon Hauer - CA DRE#01741530

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).

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