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.
Sold for $3,390,000
Listed by: MARK ANDERSEN & ASSOCIATES • Lauren Davis • Contact: 626-967-2486
Bought with: COMPASS
$3,390,000
254 W Dexter St, Covina, CA 91723
36beds
13baths
13,000sqft
Multi Family
Built in 1963
-- sqft lot
$3,389,900 Zestimate®
$261/sqft
$2,259 Estimated rent
Home value
$3,389,900
$3.08M - $3.73M
$2,259/mo
Zestimate® history
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One studio unitUpdated flooringLarge floor plans
Zillow last checked:
Listing updated:
Listed by:
Lauren Davis DRE #01245985 Lauren@markandersEn.com,
MARK ANDERSEN & ASSOCIATES
Bought with:
Justino Faaola, DRE #02038198
COMPASS
Source: CRMLS,MLS#: CV26112129
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 36
- Bathrooms: 13
Rooms
- Room types: Kitchen, Living Room
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Free-Standing Range, Water Heater
- Laundry: Common Area
Features
- Granite Counters
- Flooring: See Remarks
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 13,000
- Total interior livable area: 13,000 sqft
Property
Parking
- Total spaces: 15
- Parking features: Carport
- Garage spaces: 1
- Carport spaces: 14
- Covered spaces: 15
Features
- Entry location: 1
- Pool features: Community
- Spa features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.39 Acres
- Features: Sprinklers In Front
Details
- Parcel number: 8444010018
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Foundation: Slab
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Suburban, Pool
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Covina
Financial & listing details
- Price per square foot: $261/sqft
- Date on market: 5/22/2026
- Cumulative days on market: 34 days
- Listing terms: Cash,Conventional
- Total actual rent: 26839
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Sold | $3,390,000-9.6%$261/sqft |
Source:  CRMLS #CV26112129 Report a problem | ||
| 6/25/2026 | Contingent | $3,750,000$288/sqft |
Source: CRMLS #CV26112129 Report a problem | ||
| 6/11/2026 | Price change | $3,750,000-6.1%$288/sqft |
Source: CRMLS #CV26112129 Report a problem | ||
| 5/22/2026 | Listed for sale | $3,995,000$307/sqft |
Source: CRMLS #CV26112129 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 91723
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Nearby schools
GreatSchools rating
- 4/10Workman Avenue Elementary SchoolGrades: K-5Distance: 0.8 mi
- 4/10Traweek Middle SchoolGrades: 6-8Distance: 0.6 mi
- 7/10Covina High SchoolGrades: 9-12Distance: 0.4 mi
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Estimated market value
$3,389,900
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Estimated market value
$3,389,900
- California
- Los Angeles County
- Covina
- 91723
- 254 W Dexter St
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