Properties

Covina, CA 91723 137 S 3rd Avenue

137 S 3rd Avenue Covina, CA - Image 1137 S 3rd Avenue Covina, CA - Image 2137 S 3rd Avenue Covina, CA - Image 3
Presented By: Cesar Garcia with eXp Realty of Greater Los Angeles;
  • MLS# 25629295
  • 12/17/2025
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  • Beds • 6
  • Baths • 2
  • SQFT • 2,806
  • Garage • 4

Home Details

**BACK ON THE MARKET!! Front 3 bedroom vacant! 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!
Presented By: Cesar Garcia with eXp Realty of Greater Los Angeles;

Interior Features for 137 S 3rd Avenue

Bedrooms

Total Bedrooms6

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths5

Other Interior Features

Air Conditioning Y/NNo
Common Walls1 Common Wall
Heating Y/NYes
Total Stories1

General for 137 S 3rd Avenue

Additional Parcels Y/NNo
Buyer FinancingConventional
CityCovina
Construction MaterialsStucco
CoolingNone
CountyLos Angeles
Directions1 block south of Badillo, 1 block west of Citrus
Facing DirectionSouth
Full Baths
Garage Spaces4
Garage Y/NYes
Gross Income65700
HOANo
HeatingNatural Gas, Wall Furnace
High School DistrictCovina Valley Unified
Land Lease Y/NNo
LevelsOne
Living Area2806
Lot Size Square Feet10087
Lot Size UnitsSquare Feet
MLS Area614 - Covina
Net Operating Income58620
New ConstructionNo
Number Of Units Total4
Open Parking Spaces2
Other StructuresShed(s)
PossessionClose Of Escrow
PostalCityCOVINA
Property Attached Y/NYes
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerSewer Tap Paid
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Tenant PaysCable TV, Electricity, Gas
ViewNone
Year Built1921
ZoningCVR3-RD1250*

Exterior for 137 S 3rd Avenue

Building Area Total2806
Lot Dimensions59x173
Lot FeaturesLandscaped
Lot Size Acres0.2316
Lot Size Area10087
LotDimensionsSourceAssessor
Number of Buildings3
Parking FeaturesDoor-Single, Garage
Total Parking6
Water SourcePublic

Additional Details

Price History

Schools

Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,250,000
MLS#25629295
List Date 12/17/2025
Property Type Multi-Family
Phone 888.795.6274
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