$1,050,000
231 231-1/2 E Dexter, Covina CA 91723
Multi-Family (Duplex)
Property type
4 days
On market
$547
Price per sqft
2 cars
Garage
1951
Year built
8,721 sqft
Lot size
Home highlights
Open Houses
Overview
231 & 231-1/2 E Dexter: Two separate single-family homes on an 8,721 sq ft R3 lot—ideal for multi-generational living, rental income, or future development. Front House: 2 bed / 1 bath featuring tile flooring in main areas, wood flooring in bedrooms and hallway, a spacious gourmet kitchen with indoor laundry, and central A/C for year-round comfort. Garage: Detached two-car...
Listing provided by: THOMAS ZHAO DRE #01870645 626-382-1688, Pinnacle Real Estate Group
Listing updated: Jun 2, 2026 at 02:01pm.
Last checked: Jun 2, 2026 at 02:30pm
Source: CRMLS #WS26118877
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | 1 | $3,000 | $3,000 | $3,200 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,350 | $2,350 | $2,500 | Unfurnished |
# of Buildings: 3
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 2
Ranges: 2
Rent Control: No
Tenant Pays: All Utilities
Financial Snapshot
Gross Rent Multiplier
15.1x
List Price / Annual Gross Rent
Cap Rate
4.7%
NOI / List Price
Gross Scheduled Income: $69,600
Operating Expense: $14,840
Net Operating Income: $49,360
Annual Operating Expenses
Gardener: $960
Insurance: $1,400
New Taxes: $12,600
Trash: $0
Interior
Interior Features: All Bedrooms Down
Room Type: Bedroom
Flooring: Laminate, Tile
Cooling: Central Air, Wall Window Units
Heating: Central, Wall Furnace
Appliances: Gas Range, Microwave
Fireplace: None
Laundry: Inside
Accessibility: Parking
Entry Location: Front
Exterior
Property Attached: No
Stories Total: 1
Roof: Shingle
Foundation: Raised
Construction Materials: Concrete, Stucco
Common Walls: No Common Walls
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Lot Features: Two To Five Units Acre
Pool: None
Spa: None
Fencing: Brick, Wood
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View: None
Road Frontage Type: Alley, City Street
Garage and Parking
Parking: Carport, Driveway, Garage
Garage Spaces: 2
Carport Spaces: 1
Parking Total: 3
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 8445017018
Additional Parcels: No
Tax Lot: 8
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Urban
Nearby Schools
Nearby schools around the 231 231-1/2 E Dexter, Covina, CA 91723. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$840,000
Total Interest
$1,071,374
Total Payment
$1,911,374
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$6,553
per month
Property History for 231 231-1/2 E Dexter
Covina Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91723.
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