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California>Los Angeles County>East San Gabriel Valley

254 W DexterCovina, CA 91723

For Sale

$3,750,000

Smart Buyer Rebate $37,500

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.

Listed by Lauren Davis

·

License #01245985

·

MARK ANDERSEN & ASSOCIATES

·

Lauren@markandersEn.com

Last updated June 11, 2026

·

Source: CRMLS #CV26112129

Listing Facts

  • TypeMulti-family
  • NeighborhoodEast San Gabriel Valley
  • Days on Prevu25

Amenities

  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

06/11/2026
Price Decreased
$3,750,000
05/22/2026
Listed by MARK ANDERSEN & ASSOCIATES
$3,995,000

Property Details for 254 W Dexter

Association

Amenities

  • Community Features: Suburban, Pool

Exterior

Construction

  • Number Of Units Total: 13
  • Property Attached: Yes
  • Property Condition: Updated/Remodeled
  • Stories Total: 2
  • Year Built: 1963
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: 1

Features

  • Pool Features: Community
  • View: Neighborhood

Measurements

  • Building Area Total: 13,000
  • Building Area Units: Square Feet
  • Lot Features: Sprinklers In Front
  • Lot Size Acres: 0.38
  • Lot Size Area: 16,921
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 16,921
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.16
  • Gross Income: $325,418.00
  • Operating Expense: $128,590.00

Taxes

  • Parcel Number: 8444010018

Interior

Features

  • Appliances: Free-Standing Range, Water Heater
  • Flooring: See Remarks
  • Interior Features: Granite Counters

Other

Location

  • Tax Block: 20
  • Tax Lot: 8

Parking

Parking

  • Carport Spaces: 14
  • Carport: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Carport
  • Parking Total: 15

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 254 W Dexter.

Does this multi-family home have parking?

Yes, there is 1 parking space available for 254 W Dexter.

How does 254 W Dexter compare to other multi-family homes in East San Gabriel Valley?

This multi-family home is listed 111% above the average price for multi-family homes in East San Gabriel Valley and has been on the market for 43 less days than the typical home in this area.

254 W Dexter is a -bedroom multi-family home for sale in Covina CA 91723. Listed on Prevu for 25 days at $3,750,000. This includes a recent price decrease of $245,000. This property is located in East San Gabriel Valley. The median listing price for multi-family homes in this area is $888,000. Property amenities include parking and swimming pool. Browse more multi-family home listings in Los Angeles County.

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.

Full MLS Disclaimers

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.