5505 N Traymore Avenue
Covina, CA, 91722
(No pictures available yet)
$899,000
MLS: WS26011080
Beds
5
Baths
3
Sq Ft
1,578
Lot
0.17 ac
Year Built
1954
MLS #
WS26011080
Days on Market
103
Listed
Jan 17, 2026
Description
A rare high-income, fully renovated multi-unit property ideal for investors or owner-users seeking strong cash flow. This turnkey property features three separate units, each with its own private entrance, offering maximum flexibility and rental appeal. The main house offers 3 bedrooms and 1 bathroom with 2 newly built ADUs converted from the garage, each featuring an open space studio with 1 bathroom, creating an excellent live-in-one, rent-out-two opportunity or a fully income-producing investment. In total there are 3 units on this property. Recent upgrades include brand-new roofing, all new copper repiping, newly constructed ADUs, fresh landscaping, a new concrete driveway, smoothed out popcorn ceilings, brand new fences, and a new gated entry. Thoughtfully updated throughout, the property is designed for low maintenance and long-term performance. With multiple income streams, separate entrances, and extensive renovations already completed, this is a true cash-flow property in a desirable Covina location—perfect for investors looking to maximize returns or homeowners wanting to offset their mortgage with rental income.
Location
Covina, Los Angeles County, CA 91722
Open on Google Maps ↗Listed by: Yu Ting Huang · Elpis Realty Inc
Payment estimate
$6,693
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $89,900 · Loan: $809,100
- Principal & Interest
- $5,119
- Property tax (1.25%)
- $936
- Homeowners insurance
- $300
- Mortgage insurance
- $337
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Covina home with as little as 3.5% down using an FHA loan — roughly $31,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
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