19531 E Cienega Avenue, Covina, CA 91724

Covina
Local realty services provided by:ERA Carlile Realty Group
19531 E Cienega Avenue,Covina, CA 91724
$5,998,000
  • 40 Beds
  • 40 Baths
  • 16,191 sq. ft.
  • Multi-family
  • Active
Listed by: edward pan
Office: colliers international greater los angel949-724-5500
MLS#:26783895
Source:CRMLS

Price summary

  • Price:$5,998,000
  • Price per sq. ft.:$370.45

About this home

We are pleased to present for sale a 20-unit multifamily property situated at 19531 E Cienega Ave in Covina. This property offers investors the opportunity to acquire a pride-of-ownership, value-add real estate asset in the heart of the San Gabriel Valley. Constructed in 1988, the property features a favorable unit mix consisting entirely of large 2-bedroom, 2-bathroom units. The units total approximately 16,191 square feet on a spacious 0.94-acre lot. Each unit includes its own patio or balcony and is separately metered for gas and electricity, providing added convenience. The property boasts an onsite laundry facility, a swimming pool, and secure gated entries. Parking accommodations include ample carports and uncovered spaces on the large lot. The property has been well-maintained under long-term ownership for over 20 years with most units having been renovated. Current rents are more than 25% below market, presenting a clear path for income growth. Located in unincorporated Los...

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Home facts

  • Year built:1988
  • Listing ID #:26783895
  • Added:10 day(s) ago
  • Updated:May 03, 2026 at 10:29 AM

Rooms and interior

  • Bedrooms:40
  • Total bathrooms:40
  • Kitchen Description:Dishwasher
  • Living area:16,191 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1988
  • Building area:16,191 sq. ft.
  • Lot area:0.94 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$5,998,000
  • Price per sq. ft.:$370.45

Features and amenities

  • Appliances:Dishwasher
  • Amenities:Carbon Monoxide (CO2) Detector, Ceiling Fans
  • Pool features:Fenced, In Ground

Parking

  • Total parking spaces:44
  • Parking description:Carport
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