$5,700,000
-$298,00019531 E Cienega Avenue, Covina CA 91724
Multi-Family (20 Units)
Property type
44 days
On market
$352
Price per sqft
N/A
Garage
1988
Year built
40,957 sqft
Lot size
Home highlights
Open Houses
Overview
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....
Listing provided by: Edward Pan DRE #01894476 213-532-3290, Colliers International Greater Los Angel
Listing updated: May 21, 2026 at 06:32am.
Last checked: Jun 3, 2026 at 05:31pm
Source: CRMLS #26783895
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 20 | 2 | 2 | — | $1,994 | $39,877 | $52,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 20
Dishwasher: 20
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
681.3x
List Price / Annual Gross Rent
Cap Rate
5.44%
NOI / List Price
Vacancy Allowance: $14,356
Vacancy Allowance Rate: 3%
Net Operating Income: $310,314
Interior
Interior Features: Ceiling Fans
Cooling: Central Air
Heating: Central
Appliances: Dishwasher
Laundry: Common Area
Exterior
Stories Total: 2
Levels: Two
Property Condition: Updated Remodeled
Security Features: Carbon Monoxide Detectors, Gated Community, Smoke Detectors
Pool: Fenced, In Ground
Garage and Parking
Parking: Carport
Parking Total: 44
Lot Information
Land Lease: No
Parcel #: 8404002038
Zoning: LCA17500*
Lot Size Dimensions: 161x260
Community
HOA: No
Senior Community: No
Community Features: Gated
Nearby Schools
Nearby schools around the 19531 E Cienega Avenue, Covina, CA 91724. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$4,560,000
Total Interest
$5,816,029
Total Payment
$10,376,029
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$34,910
per month
Property History for 19531 E Cienega Avenue
Covina Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91724.
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