740 E San Bernardino Road 2
Covina, CA, 91723
$498,800
MLS: CV26081575
Beds
2
Baths
2
Sq Ft
1,086
Lot
1.05 ac
Year Built
1985
MLS #
CV26081575
Days on Market
5
Listed
Apr 16, 2026
Description
Spacious condo located in a gated community just minutes from Downtown Covina. This 2 bedroom, 2 bathroom home offers a comfortable and functional layout with an open living and dining area, fireplace, and sliding glass door leading to a private balcony. The primary bedroom features a bold accent wall, ample space, and a walk-in closet with direct access to the en-suite bathroom. The secondary bedroom is well-sized and conveniently located near the second full bath. The kitchen includes ample cabinetry and workspace, opening to the main living areas for easy everyday living. Positioned above the garage for added privacy, the home also includes in-unit laundry, central air and heat, and assigned parking. The community offers well-maintained grounds along with a pool and spa. Conveniently located near shopping, dining, and entertainment in Downtown Covina with easy access to major streets and freeways.
Location
Covina, Los Angeles County, CA 91723
Open on Google Maps ↗Listed by: Daniel Boyer · SOUTHLAND PROPERTIES
Payment estimate
$3,765
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $49,880 · Loan: $448,920
- Principal & Interest
- $2,758
- Property tax (1.25%)
- $520
- Homeowners insurance
- $300
- Mortgage insurance
- $187
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $17,458 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.
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