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$1,250,000

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • 4 Car Garage
See This Home
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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!

Full Property Details for 137 S 3rd Ave

General

  • Price: $1,250,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25629295
  • Updated: 12/17/2025
  • Added to Site: 30 day(s) ago

Interior

  • Cooking Appliances: None

Rooms

Bathrooms

  • Total Bathrooms: 5

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Security/Safety: None
  • Other Features: Shed(s)

Parking

  • Garage: Yes
  • Garage Spaces: 4
  • Covered Spaces: 4
  • Garage Description: Garage - 1 Car

Location

  • Area: Covina
  • County: Los Angeles
  • Cross Streets: S/ Badillo W/ Citrus
  • Driving Directions: 1 block south of Badillo, 1 block west of Citrus
  • Direction Faces: South

School Information

  • School District: Covina Valley Unified

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Natural Gas, Wall

Utilities

  • Sewer: In Street Paid
  • Water: District

Structural Information

  • # Buildings: 3
  • Exterior Const.: Stucco
  • Common Walls: Attached
  • Stories/Levels: 1
  • Square Feet: 2,806
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1921
  • Year Built Source: Vendor Enhanced
  • Property Condition: No Additions/Alter

Unit Information

  • Units in Complex: 4
  • Unit Type: 2106, 2107, 2108, 2109

Unit 1

  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 1

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Lot Size (Acres): 0.2316
  • Lot Size: 10087
  • Lot Size Source: Vendor Enhanced
  • Lot Dimensions: 59 x 173
  • Alley: Yes
  • Lot Features: Corner Lot
  • Zoning: CVR3-RD1250*
  • Lot Description: Landscaped

Financial Considerations

  • Price Per Sq. Ft.: $445.47
  • Assessment Year: 1921
  • Owner Pays: Gardener, Water, Other
  • Tenant Pays: Gas, Electricity, Cable TV

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 8444-002-020

Listed by eXp Realty of Greater Los Angeles, Cesar Garcia

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Listing agent

— 137 S 3rd Ave —

  • Cesar Garcia

    eXp Realty of Greater Los Angeles

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 137 S 3rd Ave

School District:Covina-Valley Unified School District
NameGradesDistance
Workman Avenue Elementary School
1941 East Workman Avenue, West Covina, CA 91791
K-50.9 mi
Traweek Middle School
1941 E. Rowland Ave., West Covina, CA 91723
6-80.8 mi
Covina High School
463 South Hollenbeck Avenue, Covina, CA 91723
9-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 137 S 3rd Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/17/2025
Listed
$1,250,000
278.79%
MLS
7/20/1993
Sold
$330,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 137 S 3rd Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,222
7%
$561,588
4%
2023
$7,657
1%
$539,782
2%
2022
$7,560
2%
$529,199
2%
2021
$7,447
1%
$518,824
1%
2020
$7,356
1%
$513,505
2%
2019
$7,287
5%
$503,437
2%
2018
$6,927
2%
$493,566
2%
2017
$6,796
4%
$483,889
2%
2016
$6,545
3%
$474,402
2%
2015
$6,362
1%
$467,277
2%
2014
$6,289
2%
$458,125
—
2013
$6,172
—
$456,055
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 137 S 3rd Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

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NMLS#: 1598647

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Listed by eXp Realty of Greater Los Angeles, Cesar Garcia

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137 S 3rd Ave, Covina, CA 91723 (MLS# 25629295) is a Multi-Family property with units containing 6 bedrooms and 0 full bathrooms. 137 S 3rd Ave is currently listed for $1,250,000 and was received on December 17, 2025. Want to learn more about 137 S 3rd Ave? Do you have questions about finding other Multi-Family real estate for sale in Covina? You can browse all Covina real estate or contact a Coldwell Banker agent to request more information.

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