$5,150,000
-$150,000445 W Front Street, Covina CA 91723
Multi-Family (17 Units)
Property type
60 days
On market
$388
Price per sqft
0 cars
Garage
1960
Year built
31,357 sqft
Lot size
Home highlights
Open Houses
Overview
Located just a few blocks from downtown Covina, this property offers an excellent and highly desirable location. The property is in very good condition and has been well maintained, with units that are ready for immediate lease or rental. The community features a gated swimming pool for added safety and enjoyment, along with two contemporary garden-style buildings that provide...
Listing provided by: Elizabeth Sarmiento DRE #00795324, KELLER WILLIAMS COVINA
Listing updated: May 13, 2026 at 09:24pm.
Last checked: Jun 13, 2026 at 10:31pm
Source: CRMLS #CV26082699
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $1,900 | $1,900 | $2,100 | Unfurnished |
| 1 | 2 | 1 | — | $1,715 | $1,715 | $2,100 | Unfurnished |
| 1 | 2 | 1 | — | $1,950 | $1,950 | $2,100 | Unfurnished |
| 1 | 2 | 1 | — | $1,740 | $1,740 | $2,100 | Unfurnished |
| 1 | 2 | 1 | — | $1,900 | $1,900 | $2,100 | Unfurnished |
| 1 | 2 | 1 | — | $1,850 | $1,850 | $2,100 | Unfurnished |
| 1 | 2 | 1 | — | $1,950 | $1,950 | $2,100 | Unfurnished |
| 1 | 2 | 1 | — | $1,850 | $1,850 | $2,100 | Unfurnished |
| 1 | 2 | 1 | — | $1,850 | $1,850 | $2,100 | Unfurnished |
| 1 | 2 | 1 | — | $2,150 | $2,150 | $2,100 | Unfurnished |
| 1 | 2 | 1 | — | $1,950 | $1,950 | $2,100 | Unfurnished |
| 1 | 2 | 1 | — | $2,050 | $2,050 | $2,100 | Unfurnished |
| 5 | 2 | 1 | — | $0 | $0 | $10,500 | Unfurnished |
# of Buildings: 2
# of Units Total: 17
Separate Electric Meters: 17
Separate Gas Meters: 17
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
11.9x
List Price / Annual Gross Rent
Cap Rate
6%
NOI / List Price
Gross Scheduled Income: $434,440
Vacancy Allowance: $21,722
Operating Expense: $107,792
Net Operating Income: $304,926
Annual Operating Expenses
Electric: $3,600
Gardener: $3,600
Fuel: $0
Insurance: $10,000
Licenses: $500
Maintenance: $2,000
Pest Control: $1,164
Professional Management: $25,200
Supplies: $2,000
Trash: $6,972
Water / Sewer: $6,600
Other Expense: $3,000
Interior
Interior Features: Granite Counters, Laminate Counters, Tile Counters
Flooring: Laminate, Vinyl
Cooling: Wall Window Units
Laundry: Common Area
Entry Location: Front
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Security Features: Carbon Monoxide Detectors, Resident Manager, Smoke Detectors
Lot Features: Sixteen To Twenty Units Acre, Lawn, Landscaped, Street Level, Walkstreet
Pool: Community
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected
Garage and Parking
Parking: Carport
Garage Spaces: 0
Carport Spaces: 17
Parking Total: 17
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 8431019028
Additional Parcels: No
Tax Lot: 028
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Urban, Pool