530 S San Jose Avenue Covina, CA 91723
Listing Courtesy of: CRMLS / Coldwell Banker Realty / Cuong "Matt" Ly

  530 S San Jose Avenue Covina, CA 91723

Sold (3 Days)
$2,670,000

Description

We are pleased to present an incredible opportunity to acquire this trophy property from the original owner. This condo quality apartment complex features eight units, including six spacious 1-bedroom/1-bathroom units (approx. 750 sq ft each) and two expansive 2-bedroom/1.5-bathroom townhomes with attached two-car garages (approx. 1,200 sq ft each). The vast 16,852 sq ft lot provides ample area for a potential for up to four additional ADUs through garage conversion with 7 open parking spaces to spare. With a newer (2016) roof, laundry hookups, patio/balcony/backyard spaces, central air, and a cement driveway, this low-maintenance gem is nestled in a residential neighborhood. Located minutes away from Eastland Shopping Plaza, Downtown Covina, Ikea, LA Fitness, Covina Metro Link station, and freeway access, this highly desirable location appeals to renters seeking convenience and an exceptional lifestyle. The last increase in rents was in Aug. 2022. Buyer to cooperate with seller on their 1031 exchange. Drive by only. PLEASE DO NOT ENTER PROPERTY.

MLS #:
AR23103332
Lot Size
0.39 acres
Type
Multifamily
Year Built
1988
Views
Mountain(s)
County
Los Angeles County

Listed By

Cuong "Matt" Ly, DRE #01441481 CA, Coldwell Banker Realty
Bought with
Wen Luo, Kingston Realty
Source
CRMLS
Last checked Aug 20 2025 at 8:20 PM GMT+0000
Bathroom Details
Interior Features
  • Laundry: Electric Dryer Hookup
  • Laundry: Gas Dryer Hookup
Lot Information
  • 6-10 Units/Acre
Heating and Cooling
  • See Remarks
  • Central Air
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Natural Gas Available, Electricity Available, Water Source: Public
  • Sewer: Public Sewer
Parking
  • Assigned
Stories
  • 1
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.