$1,650,000
0.17 Acre Lot

335 N Prospero Drive, Covina, California 91723

  • Residential Income Property Type
  • Detached Carport Cars Garage
  • 1961 Year Built
Property Description

We are pleased to exclusively offer for sale this “value-add” opportunity in the highly sought after rental community of Covina. The subject property is comprised of six units: (4) 2-Bedroom / 1.5-Bath Townhouse-Style units, and (2) 1-bedroom / 1.5-bath single-story units. The unit mix provides a desirable balance of layouts for a diverse tenant base.

Tenants benefit from in-unit laundry hookups, private patios, gated entry, and covered/enclosed parking. All units are individually metered for gas and electricity, keeping operating costs efficient.

With over 40% upside in rental income, this asset presents a strong value-add opportunity in a supply-constrained market. Located near Downtown Covina, the property offers convenient access to local amenities, retail, and transit.

Basic Details
Residential Income
For Sale
CV25088048
$1,650,000
None
1961
0.17 Acre
Active
1
Apartment
: Shingle
Features
: None
: Wall/Window Unit(s)
: Wood
: None
: Detached Carport
6.0
: Inside
: Public Sewer
: Electricity Available, Sewer Available, Water Available, Natural Gas Available
$0
Address Map
CA
Los Angeles
Covina
91723
Prospero
335
Drive
North of Badillo St, East of Branca Ave
614 - Covina
N
CVRD2000*
Additional Information
$0
$0
$0
$0
$0
5348
: Sidewalks, Street Lights
1
: Two
: 0-1 Unit/Acre
6
2025-04-22
2
2
: Public
Broker/Agent Information
RE/MAX 2000 REALTY
Kristopher German
Listing Information
CV33418
51247
Cash to New Loan
Active
2025-04-22T18:45:58Z
CRMLS
: Standard
2025-04-22T10:11:28Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069