$3,390,000
$3,750,000
9.6%For more information regarding the value of a property, please contact us for a free consultation.
254 W Dexter Covina, CA 91723
0.39 Acres Lot
Key Details
Sold Price $3,390,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV26112129
Sold Date 07/13/26
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1963
Lot Size 0.388 Acres
Property Sub-Type Apartment
Property Description
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.
Location
State CA
County Los Angeles
Area 614 - Covina
Interior
Interior Features Granite Counters
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring See Remarks
Fireplaces Type None
Fireplace No
Appliance Free-Standing Range, Water Heater
Laundry Common Area
Exterior
Parking Features Carport
Garage Spaces 1.0
Carport Spaces 14
Garage Description 1.0
Pool Community
Community Features Suburban, Pool
View Y/N Yes
View Neighborhood
Total Parking Spaces 15
Private Pool No
Building
Lot Description Sprinklers In Front
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 8444010018
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Energy Description 3954.0
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Justino Faaola COMPASS
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