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Sold for $431,500
  • Listed by: KELLER WILLIAMS REALTY • KAREN SEIBERT • Contact: 909-793-2100
    Bought with: HomeWay
    $431,500

    1240 N Citrus Ave APT 2, Covina, CA 91722

    3beds
    1,365sqft
    Townhouse
    Built in 1979
    2.94 Acres Lot
    $432,700 Zestimate®
    $316/sqft
    $3,031 Estimated rent

    Home value

    $432,700

    $411,000 - $454,000

    $3,031/mo

    Zestimate® history
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    $3,031/mo

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    $3,175/mo

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    What's special

    Cash-Only Fixer Opportunity in Covina | Value Add Townhouse with Strong Rental & Resale Potential Investor special in the heart of Covina, CA, ideal for flippers, buy and hold investors, or cash buyers seeking a high demand rental location with clear upside. This fixer townhouse offers the opportunity to renovate and reposition in a commuter friendly, amenity rich community. Located just minutes from Downtown Covina and the Covina Metrolink Station, this property checks a major box for today’s renters and resale buyers: location + convenience. Quick access to the 10, 57, and 210 freeways increases tenant demand and long term appreciation potential. The community features resort-style amenities, including a pool, spa, tennis courts and shared RV parking, with trash included, helping reduce ongoing operating costs and improve rental appeal. Property highlights include:• In-unit laundry hookups • 2-car garage with additional storage • Functional layout ready for full renovation• Ideal location This is a cash-only sale, priced for investors ready to execute. With limited inventory of fixer townhomes in Covina, this is a strategic opportunity to add value and capture equity. Fix, rent or resell, multiple exit strategies in a location that consistently performs. The HOA is responsible for repairing the roof.

    Zillow last checked:

    Listing updated:

    Listed by:

    KAREN SEIBERT DRE #02091383 909-557-7096,

    KELLER WILLIAMS REALTY

    Bought with:

    Christopher Joseph, DRE #02074295

    HomeWay

    Source: CRMLS,MLS#: IG26057659MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: All Bedrooms Up
    Heating
    • Central
    Cooling
    • See Remarks
    Appliances
    • Laundry: Inside
    Features
    • All Bedrooms Up
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 1,365 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: Community, Association
    • Has view: Yes
    • View description: None
    Lot
    • Size: 2.94 Acres
    Details
    • Parcel number: 8406019060
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Sewer: Unknown
    • Water: Public

    Community & HOA

    Community
    • Features: Suburban, Pool
    HOA
    • Has HOA: Yes
    • Amenities included: Pool, Spa/Hot Tub, Tennis Court(s)
    • HOA fee: $390 monthly
    • HOA name: Covina Townhomes
    • HOA phone: 626-675-0264
    Location
    • Region: Covina

    Financial & listing details

    • Price per square foot: $316/sqft
    • Tax assessed value: $167,937
    • Annual tax amount: $2,619
    • Date on market: 3/16/2026
    • Cumulative days on market: 15 days
    • Listing terms: Cash

    Price history

    DateEventPrice
    4/28/2026Sold$431,500+1.5%$316/sqft
    Source: CRMLS #IG26057659 Report a problem
    4/27/2026Pending sale$425,000+322.9%$311/sqft
    Source: CRMLS #IG26057659 Report a problem
    6/27/2025Listing removed$3,000$2/sqft
    Source: Zillow Rentals Report a problem
    6/12/2025Listed for rent$3,000$2/sqft
    Source: Zillow Rentals Report a problem
    1/27/1995Sold$100,500+1.1%$74/sqft
    Source: Public Record Report a problem
    5/6/1994Sold$99,416$73/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,619 +8%$167,937 +2%
    2024$2,426 +1.4%$164,645 +2%
    2023$2,392 +1.3%$161,418 +2%
    2022$2,361 +1.6%$158,254 +2%
    2021$2,323 +1.2%$155,152 +1%
    2020$2,295 $153,562 +2%
    2019$2,295 +6.7%$150,551 +2%
    2018$2,151 $147,600 +2%
    2017$2,151 +1.8%$144,707 +2%
    2016$2,113 +4.1%$141,870 +1.5%
    2015$2,030 +3.8%$139,740 +2%
    2014$1,955 $137,003 +2.5%
    2012-- $133,712 +2%
    2011-- $131,091 +0.8%
    2010-- $130,113 -0.2%
    2009-- $130,423 +2%
    2008-- $127,867 +2%
    2007-- $125,361 +2%
    2006-- $122,904
    2005-- $122,904 +4%
    2004-- $118,133 +1.9%
    2003-- $115,969 +2%
    2002-- $113,696 +4%
    2000-- $109,283
    Find assessor info on the county website

    Neighborhood: 91722

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $432,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $432,700