Cash-Only Fixer Opportunity in Covina | Value Add Townhouse with Strong Rental & Resale Potential Investor special in the heart of Covina, CA, ideal for flippers, buy and hold investors, or cash buyers seeking a high demand rental location with clear upside. This fixer townhouse offers the opportunity to renovate and reposition in a commuter friendly, amenity rich community. Located just minutes from Downtown Covina and the Covina Metrolink Station, this property checks a major box for today’s renters and resale buyers: location + convenience. Quick access to the 10, 57, and 210 freeways increases tenant demand and long term appreciation potential. The community features resort-style amenities, including a pool, spa, tennis courts and shared RV parking, with trash included, helping reduce ongoing operating costs and improve rental appeal. Property highlights include:• In-unit laundry hookups • 2-car garage with additional storage • Functional layout ready for full renovation• Ideal location This is a cash-only sale, priced for investors ready to execute. With limited inventory of fixer townhomes in Covina, this is a strategic opportunity to add value and capture equity. Fix, rent or resell, multiple exit strategies in a location that consistently performs.
MLS #
CRIG26057659
MLS Source
California Regional MLS
Days on Site
2
Bedrooms
Other
Appliances
Other
Fireplace
Living Room
Laundry
Other
Cooling
Other
Heating
Central Forced Air
Pool
Community Facility
Garage/Parking
Garage: 2 Car(s)
Elementary District
Covina-Valley Unified
High School District
Covina-Valley Unified
HOA Fee
$390
HOA Fee Frequency
Monthly
Complex Amenities
Community Pool
1240 N Citrus Ave 2 is a Townhouse in Covina, CA 91722. This 1,365 square foot property sits on a 2.936 Acres Lot and features 3 bedrooms & 2 full and 1 partial bathrooms. It is currently priced at $425,000 and was built in 1979. This address can also be written as 1240 N Citrus Ave #2, Covina, CA 91722.
©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of March 17, 2026. For the most current information, please contact KAREN SEIBERT