$799,000
$31K PRICE DROP

540 N Howard Ave Covina, CA 91723

Estimated payment $5,153/month

Total Views 6,187
2 Beds
1 Bath
1,450 Sq Ft
$551 Price per Sq Ft

Highlights

  • Corner Lot
  • No HOA
  • Laundry Room
  • South Hills High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring

About This Home

This property is on the market for the first time since 1987 and boasts a desirable corner location! It consists of two buildings sharing one parcel number and two separate addresses. The building at 256 E Front Street has a history of serving as a bakery, art gallery, and plumbing company, the second building at 540 N. Howard Ave features 2 bedrooms and 1 bathroom, with a reported size of 624 sq ft, and has been used as a residential rental. Please respect the tenant's privacy and do not disturb them. A spacious paved area between the two buildings offers numerous possibilities for use. This property presents great potential in the rapidly evolving Covina area. It is within walking distance of the Covina Metrolink station, downtown Covina, and many local attractions. The property is being sold "AS IS." The broker/agent does not guarantee the accuracy of the square footage, lot size, zoning, or any other information concerning the condition or features of the property, which may have been provided by the seller or obtained from public records or other sources. Buyers are encouraged to independently verify all information through the city of Covina, personal inspections, and by consulting appropriate professionals.

Listing Agent

Sandar West

RE/MAX INNOVATIONS Brokerage Phone: 909-816-3257 License #01334160 Listed on: 06/24/2025

RE/MAX INNOVATIONS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 7,382 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 1 Car Garage

Interior Spaces

  • 1,450 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 1
  • Assessor Parcel Number 8430022012
  • $775 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • Insurance Expense $50
  • Trash Expense $20
  • Water Sewer Expense $20
  • Operating Expense $340
  • Gross Income $2,500
  • Net Operating Income $2,210

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 399500
  • Property Attached: No
  • Water Sewer Expenses: 20.00
  • Zoning: CVM1YY
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 8430022012
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Streeet
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 551.03
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 20.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7382.00
  • Lot Size Acres: 0.1695

Rental Info

  • Tenant Pays: All Utilities, Insurance

Multi Family

  • Gross Income: 2500.00
  • Gross Scheduled Income: 2500.00
  • Insurance Expense: 50.00
  • Lot Size Area: 7382.0000 Square Feet
  • Net Operating Income: 2210.00
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Number With Dishwasher: 1
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Operating Expense: 290.00
  • Rent Control: No
  • Total Expenses: 340.00

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 775.00

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/04/2025 07/04/25 Price Changed $799,000 -3.7% $551 / Sq Ft
06/24/2025 06/24/25 Price Changed $829,999 0.0% $572 / Sq Ft
06/24/2025 06/24/25 For Sale $829,990 0.0% $572 / Sq Ft
08/01/2023 08/01/23 Rented $2,500 -2.0% --
07/31/2023 07/31/23 Off Market $2,550 -- --
07/03/2023 07/03/23 For Rent $2,550 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25140951

California Regional Multiple Listing Service (CRMLS)