Covina, CA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Covina short-term rental market based on reliable data.

Listings

56 / 167

Reliable / Active

Cap Rate

4%

Middle-Earners Gross Yield

Revenue

$32,933

Middle-Earners Revenue

Occupancy

76%

Middle-Earners Occupancy

Home Value

$796,509

Median Home Sale Price

Top Earners

$68,708

Top-Earners Revenue

Covina

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Covina.

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B

Generally Investor friendly

Covina Regulations

Covina allows short-term rentals citywide with only standard business licensing and state-level compliance (TOT registration, building/safety codes) required—no city-specific caps, high fees, or complex permits are indicated. The hands-off municipal approach and straightforward licensing process support investor friendliness, though future regulatory changes pose moderate risk.

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About Covina

Covina is a city in the San Gabriel Valley region of Los Angeles County, California, United States, about 22 miles (35 km) east of Downtown Los Angeles The population was 51,268 according to the 2020 census, up from 47,796 at the 2010 census. The city's slogan, "One Mile Square and All There", was coined when the incorporated area of the city was only one square mile (2.6 km2). Covina is bordered by West Covina, to its south and west side. Irwindale lies to the west, as well as the unincorporated area of Vincent, and the city of Baldwin Park. Azusa and Glendora are to the north, the unincorporated community of Charter Oak to the northeast, San Dimas to the east, the unincorporated area of Ramona and city of Pomona to the southeast.

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