Recently Viewed Properties
See This Home
Save This Listing
Close

$1,820,000

  • Sold
  • Closed
  • Multi-Family
  • Updated 10 days ago
See This Home
Save This Home
See This Home
Save This Home
This 8-unit apartment building in Covina includes (2) 2-bedroom, 1-bath units and (6) 1-bedroom, 1-bath units. Each apartment has a large private yard, and two units feature spacious balconies. The property includes eight covered carports with storage cabinets and a shared on-site laundry facility. Three of the units have been recently updated. Additional improvements include upgraded electrical, fresh exterior paint, and newer windows. Located near downtown Covina and its shops, restaurants, and local amenities, with convenient access to the Covina Metrolink station, I-10, and SR-57, the property benefits from steady rental demand and consistent occupancy. This well-maintained building offers reliable cash flow and strong long-term investment potential.

Full Property Details for 500 S 1st Ave

General

  • Sold For: $1,820,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: CV26050368
  • Added to Site: 49 day(s) ago

Interior

  • Rooms/Areas: Kitchen, Living Room
  • Interior Features: High Ceilings, Ceiling Fan(s)

Rooms

Other Rooms

  • Laundry: Individual Room, Common Area

Additional Information

  • Pool Description: None
  • Spa Description: None

Exterior

  • Exterior Features: Rain Gutters

Parking

  • Parking Features: Carport
  • Parking: Carport

Location

  • Area: 614 - Covina
  • County: Los Angeles
  • Development Name: 614 - Covina
  • Driving Directions: Major cross street E Rowland St.

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 9
  • # Electric Meters: 9

Structural Information

  • Entry Location: Front
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 4,798
  • Year Built: 1954

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 7

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 8

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.366
  • Lot Size Source: Assessor
  • Lot Description: Back Yard, 6-10 Units/Acre, Lawn

Financial Considerations

  • Price Per Sq. Ft.: $379.32
  • Price Per Unit: 234375

Listed by Coldwell Banker Town & Country, Javier Montiel
Sold by Nonmember Mrml, Kiran Dhillon and Keller Williams - Eagle Rock, Jagmeet Singh

Listing agent

— 500 S 1st Ave —

  • Javier Montiel

    Coldwell Banker Town & Country

626-589-1221

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 500 S 1st Ave

School District:Covina-Valley Unified School District
NameGradesDistance
Barranca Elementary School
727 South Barranca Avenue, Covina, CA 91723
K-50.3 mi
Sierra Vista Middle School, Covina, CA
777 East Puente Street, Covina, CA 91723
6-80.6 mi
South Hills High School
645 S. Barranca St., West Covina, CA 91723
9-121.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 500 S 1st Ave

Date
Details
Price
Change
Source
4/15/2026
Sold
$1,820,000
-2.93%
MLS
3/07/2026
Listed
$1,875,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Coldwell Banker Town & Country, Javier Montiel
Sold by Nonmember Mrml, Kiran Dhillon and Keller Williams - Eagle Rock, Jagmeet Singh

Just Listed near 500 S 1st Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3035 E Charlinda St, West Covina, CA 91791 - Photo 1 Just Listed
$1,488,000
Open House

3035 E Charlinda St  West Covina, CA 91791

  • Single Family
  • Active
  • Updated 1 hour ago
  • 4
    Beds
  • 4
    Total Baths
  • 3,271
    Sq. Ft.
Co-Listed by Barbara Rogers (CalRE#: 01169115) (626) 484-8135
242 Spruce Ct, Azusa, CA 91702 - Photo 1 Just Listed
$599,995
Open House

242 Spruce Ct  Azusa, CA 91702

  • Single Family
  • Active
  • Updated 13 hours ago
  • 2
    Beds
  • 3
    Total Baths
  • 1,375
    Sq. Ft.
700 E Camellia, Azusa, CA 91702 - Photo 1 Just Listed
$2,168,000
Open House

700 E Camellia  Azusa, CA 91702

  • Single Family
  • Active
  • Updated 1 hour ago
  • 5
    Beds
  • 6
    Total Baths
  • 4,818
    Sq. Ft.
422 S Virginia, Azusa, CA 91702 - Photo 1 Just Listed
$600,000
Open House

422 S Virginia  Azusa, CA 91702

  • Single Family
  • Active
  • Updated 13 hours ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,137
    Sq. Ft.

Price Reduced near 500 S 1st Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1752 Aspen Village Way, West Covina, CA 91791 - Photo 1 Price Reduced
-$9,999 (-1.67%)
$590,000
Open House

1752 Aspen Village Way  West Covina, CA 91791

  • Condo
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,415
    Sq. Ft.
1540 Potomac, West Covina, CA 91791 - Photo 1 Price Reduced
-$5,000 (-0.8%)
$620,000

1540 Potomac  West Covina, CA 91791

  • Condo
  • Active
  • Updated 6 days ago
  • 2
    Beds
  • 3
    Total Baths
  • 1,387
    Sq. Ft.
1721 Kimberly, West Covina, CA 91792 - Photo 1 Price Reduced
-$20,000 (-2.33%)
$840,000

1721 Kimberly  West Covina, CA 91792

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,315
    Sq. Ft.
1636 Cayton Loop, West Covina, CA 91790 - Photo 1 Price Reduced
-$5,001 (-0.68%)
$729,999

1636 Cayton Loop  West Covina, CA 91790

  • Condo
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,491
    Sq. Ft.

Recent Sales near 500 S 1st Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

920 S Spring Meadow Dr, West Covina, CA 91791 - Photo 1 Sold
$1,850,000

920 S Spring Meadow Dr  West Covina, CA 91791

  • Single Family
  • Closed
  • 4
    Beds
  • 2
    Total Baths
  • 2,478
    Sq. Ft.
920 S Spring Meadow Dr, West Covina, CA 91791 - Photo 1 Sold
$1,850,000

920 S Spring Meadow Dr  West Covina, CA 91791

  • Lots/Land
  • Closed
  • 1.638
    Acres
950 S Spring Meadow Dr, West Covina, CA 91791 - Photo 1 Sold
$1,950,000

950 S Spring Meadow Dr  West Covina, CA 91791

  • Single Family
  • Closed
  • 4
    Beds
  • 4
    Total Baths
  • 4,455
    Sq. Ft.
2969 E Hillside Dr, West Covina, CA 91791 - Photo 1 Sold
$1,675,000

2969 E Hillside Dr  West Covina, CA 91791

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 3,632
    Sq. Ft.

500 S 1st Avenue, Covina, CA 91723 (MLS# CV26050368) is a Multi-Family property that was sold at $1,820,000 on April 15, 2026. Want to learn more about 500 S 1st Avenue? 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.