231 E Dexter Street, Covina, California 91723, Covina, 91723 - 0 bed, 0 bath
Loading property details...
Covina, California 91723
This Dual-Unit Residential Income Property is listed at $1,050,000, representing a stable valuation near its $1,038,224 Fair Market Value. Situated on a sprawling 8,721 sq ft R3 Zoned Lot, the estate features two independent homes in Move-in Ready Condition, offering a front house with Central A/C and a Detached Garage with Bonus Room. With a Private Deck and separate utility meters, the property provides immediate rental utility or multi-generational flexibility within the Covina Valley Unified District. This is a strategic match for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 231 E Dexter Street Subject | $1,050,000* List Price | 0 | 0 | 1,920 | $541 | - |
A 316 E School Sold | $870,000 | 0 | 0 | 1,796 | $484 | 0.4 mi |
B 316 E Puente Street Sold | $885,000 | 0 | 0 | 1,848 | $479 | 0.2 mi |
C 231 231-1/2 E Dexter Street Active | $1,050,000 List Price | 4 | 2 | 1,920 | $547 | - |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring a mix of original character and functional updates. The front house includes updated stainless steel appliances, recessed lighting, and polished hardwood floors. While the kitchen cabinetry and tile countertops are dated in style, they appear to be in good condition. The addition of central A/C and the presence of a clean, functional second unit suggest consistent upkeep and system maintenance, meeting the criteria for a well-maintained property that does not require immediate renovation.
The property features two separate single-family homes on one lot with individual utility meters, making it an ideal setup for rental income or multi-generational living.
Situated on a generous 8,721 sq ft lot with R3 zoning, this property offers significant long-term value and potential for future high-density residential development.
The detached two-car garage includes a 170 sq ft bonus room, providing a flexible space perfect for a home office, hobby room, or additional storage.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1920, other record living area = 1582.
Marketing photos utilize virtual staging and were taken prior to tenant occupancy, which may not accurately reflect the property's current physical state or wear.
Originally constructed in 1951, the property may require more frequent maintenance or updates to its older systems compared to modern residential builds.
231 & 231-1/2 E Dexter: Two separate single-family house on one 8,721 sq ft R3 lot—ideal for multi-generational living, rental income, or future development. Front House: Approx. 1,054 sq ft, 2 bed/1 bath home featuring tile flooring in main areas, wood floors in bedrooms and hallway, a spacious gourmet kitchen with indoor laundry, and central A/C for year-round comfort. Garage & Bonus room: Detached two-car garage with an approx. 170 sq ft bonus room—ideal for storage, an office, or hobby space. Back House: Approx. 700 sq ft with private alley entrance, 2 bed/1 bath, laminate flooring in living areas and bedrooms, and tile in the kitchen, indoor laundry. Yard: Beautifully maintained front, middle, and backyards create a tranquil setting, with separately metered utilities, individual trash account, and concrete driveways offering ample parking. Note: Do not disturb occupants. Please do not walk the property. Showings by appointment only. The pictures in the living room, dining room, bedrooms and bonus room are virtual staging. All photos were taken before the tenant moved in.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,920 | 2,415 | 50% |
| Lot Size | 8,721 | 8,311.5 | 50% |
| Price | $1.05M | $1.05M | 50% |
| Price per sq ft | $547 | $483 | 83% |
| Built year | 1951 | 1957 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 234 | 17% |
Feb 20, 2026
$1,050,000
Initial Listing
Dec 4, 2018
$660,000
Public Record