137 S 3rd Avenue Covina, CA ^$ 1,250,000

137 S 3rd Avenue

^$ 1,250,000

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Recently Listed

137 S 3rd Avenue

Covina, CA, 91723

^$ 1,250,000

Bedrooms6 Baths2.0 Sq 2,806

Monthly Estimate*

^$ 7,798

Listed by eXp Realty of Greater Los Angeles

137 S 3rd Avenue, Covina, CA 91723 - Image 1

137 S 3rd Avenue, Covina, CA 91723 - Image 2

137 S 3rd Avenue, Covina, CA 91723 - Image 3

137 S 3rd Avenue, Covina, CA 91723 - Image 4

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Multi-Family Home for sale in Covina, CA

for $1,250,000 with 6 bedrooms and 2 full baths. This 2,806 square foot home was built in 1921 on a lot size of 0.2316.

First time on market in over 20 years, this exceptional 4-unit income property near vibrant Downtown Covina! Perfectly positioned near local shops, dining, and transit, this well-maintained multi-unit gem offers both charm and incredible investment potential. The front home is a spacious 3 bedroom 2 bath perfect for owner occupant or a desirable standalone rental. Behind the main house are three spacious 1 bedroom units. Tenants each have their own single car garage plus pre-assigned spaces, ensuring ample parking and storage options. With strong rental appeal, and a prime location on a very desirable street near some of Covina s best amenities, this property presents an incredible opportunity for investors or multi-generational living. Don't miss your chance to own a rare, income-producing property with outstanding upside potential! Plus the potential to add more income if you add an ADU!

Multi-Family Active

Price

^$ 1,250,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2316

Year Built

1921

Town/City

Covina

County/Region

Los Angeles

MLS | Web ID

25629295

Days on Market

Features

General

Living Area 2806

Sewer Sewer Tap Paid

Heating Natural Gas Wall Furnace

Cooling None

Zoning CVR3-RD1250*

Garage Spaces 4

Construction Materials Stucco

Year Built 1921

Tenant Pays Cable TV Electricity Gas

View None

Stories Count 1

Levels One

Gross Income 65700

County Los Angeles

Net Operating Income 58620

New Construction false

Property Type Residential Income

HOA false

Facing Direction South

Garage Y/N true

Other Structures Shed(s)

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions 1 block south of Badillo 1 block west of Citrus

City Covina

Senior Community Y/N false

High School District Covina Valley Unified

Open Parking Spaces 2

Number Of Units Total 4

MLS Area 614 - Covina

Lot Size Units Square Feet

Lot Size Square Feet 10087

Property Attached Y/N true

Land Lease Y/N false

Additional Parcels Y/N false

Rent Control Y/N false

Standard Status Active

Interior

Total Stories 1

Common Walls 1 Common Wall

Air Conditioning Y/N false

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 6

Total Baths 5

Exterior

Parking Features Door-Single Garage

Lot Features Landscaped

Water Source Public

Total Parking 6

Lot Size Area 10087

Number of Buildings 3

Building Area Total 2806

Lot Dimensions 59x173

Lot Size Acres 0.2316

* Excluded Features

List By

Exp Realty Of Greater Los Angeles

Broker

rebrokercesar@gmail.com

Affordability Calculator

$7,798

Per Month

Monthly Principal & Interest: $7,798
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Covina, CA

Average List Price ^$2,998,490

Percent of Sale Price 140%

About Covina, CA

49,063 Population

5% Since 2002

^$68,132 Median Income

37.47 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/18/2025	$1,250,000		Listed Price

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137 S 3rd Avenue, Covina, CA, 91723 is a Multi-Family Home for sale at $1,250,000 with 2,806 sqft and a lot size of 0.2316. 137 S 3rd Avenue has 6 bedrooms, 2.0 baths, and was built in 1921. The property's zip code is 91723 which is in Covina, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/20/2025. 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.

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137 S 3rd Avenue

Multi-Family Home for sale in Covina, CA

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