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!
Listed by Cesar Garcia
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License #01226816
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eXp Realty of Greater Los Angeles
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323-353-3736
Last updated December 25, 2025
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Source: CRMLS #25629295
Listing Facts
TypeMulti-family
NeighborhoodCovina Town Center
Bedrooms6
Days on Prevu45
Size2,806 sqft
Price per sqft$445
Amenities
Parking
Location
Mortgage Calculator
Listing History
12/17/2025
Listed by eXp Realty of Greater Los Angeles
$1,250,000
Property Details for 137 S 3rd Avenue
Exterior
Construction
Number Of Units Total: 4
Property Attached: Yes
Stories: 1
Stories Total: 1
Year Built: 1921
Common Walls: 1 Common Wall
Construction Materials: Stucco
Features
Direction Faces: South
Other Structures: Shed(s)
Measurements
Building Area Total: 2,806
Lot Dimensions Source: Assessor
Lot Features: Landscaped
Lot Size Acres: 0.23
Lot Size Area: 10,087
Lot Size Dimensions: 59,173
Lot Size Square Feet: 10,087
Lot Size Units: Square Feet
Financial
Residential Income
Gross Income: $65,700.00
Taxes
Parcel Number: 8444002020
Interior
Measurements
Living Area: 2,806
Rooms
Bathrooms Total Integer: 5
Bedrooms Total: 6
Parking
Parking
Garage Spaces: 4
Garage: Yes
Open Parking Spaces: 2
Parking Features: Door-Single, Garage
Parking Total: 6
Schools
High School
High School District: Covina Valley Unified
Utilities
Equipment
Heating: Natural Gas, Wall Furnace
Has Heating: Yes
Sewer: Sewer Tap Paid
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There are 6 bedrooms in this multi-family home at 137 S 3rd Avenue.
Does this multi-family home have parking?
Yes, there are 4 parking spaces available for 137 S 3rd Avenue.
How does 137 S 3rd Avenue compare to other multi-family homes in Covina Town Center?
This multi-family home is listed 26% below the average price for multi-family homes in Covina Town Center and has been on the market for 7 more days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 2,806 sqft.
137 S 3rd Avenue is a 6-bedroom multi-family home for sale in Covina CA 91723. Listed on Prevu for 45 days at $1,250,000. This residence features 2,806 square feet of living space, located in Covina Town Center. The median listing price for multi-family homes in this area is $732,581. Property amenities include parking. View other multi-family home listings in Covina.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.