The property features 12 spacious 3-bedroom, 1.75-bathroom apartment homes, and one studio unit, creating a highly
attractive unit mix seldom available in the marketplace. The large floor plans appeal to a variety of households seeking
affordable alternatives to single-family housing in the San Gabriel Valley. Most units have undergone interior upgrades, enhancing tenant appeal while
reducing near-term capital expenditure requirements for a new owner. Improvements may include updated flooring, kitchens, bathrooms, fixtures, and
interior finishes. The property benefits from consistent occupancy and strong tenant demand due to its central location within Covina, proximity to major transportation corridors, retail amenities, schools, and regional employment centers.
Investment Highlights: Rare large-unit multifamily asset with predominantly 3-bedroom units; Fully occupied with stable tenancy
Most units extensively upgraded; Attractive San Gabriel Valley location; Strong rental demand for family-sized units; Potential continued rental upside
Desirable commuter access to employment centers throughout Los Angeles County; Carport parking amenity for tenants; Coin-operated laundry onsite for extra income.
AGENT: Lauren Davis LISTING BROKERAGE: MARK ANDERSEN & ASSOCIATESattractive unit mix seldom available in the marketplace. The large floor plans appeal to a variety of households seeking
affordable alternatives to single-family housing in the San Gabriel Valley. Most units have undergone interior upgrades, enhancing tenant appeal while
reducing near-term capital expenditure requirements for a new owner. Improvements may include updated flooring, kitchens, bathrooms, fixtures, and
interior finishes. The property benefits from consistent occupancy and strong tenant demand due to its central location within Covina, proximity to major transportation corridors, retail amenities, schools, and regional employment centers.
Investment Highlights: Rare large-unit multifamily asset with predominantly 3-bedroom units; Fully occupied with stable tenancy
Most units extensively upgraded; Attractive San Gabriel Valley location; Strong rental demand for family-sized units; Potential continued rental upside
Desirable commuter access to employment centers throughout Los Angeles County; Carport parking amenity for tenants; Coin-operated laundry onsite for extra income.
Courtesy of MARK ANDERSEN & ASSOCIATES. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 254 W Dexter
Covina, CA
Property Details
Price:
$3,995,000
MLS #:
CV26112129
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
614covina
Listed Date:
May 22, 2026
Total Sq Ft:
13,000
Lot Size:
16,921 sqft / 0.39 acres (approx)
Year Built:
1963
614 – Covina614covinaNeighborhood
Ask a Question
See this Listing
Schools
Interior
Appliances
FSR, WHC
Cooling
WW
Flooring
SEE
Heating
WL
Interior Features
GRNC
Laundry Features
CM
Exterior
Common Walls
_2CW
Community Features
SUB
Garage Spaces
1
Parking Spots
15
Parking Total
15
Security Features
SD, COD
Spa Features
NO
View
NE
Financial
Gross Operating Income
$322,198
Maintenance Fee
$27,570
Net Operating Income
$190,367
Map
Community
- Address254 W Dexter Covina CA
- CityCovina
- CountyLos Angeles
- Zip Code91723
