CA > Covina
Covina, CA 91723,305 E Navilla PL
Covina, CA 91723,305 E Navilla PL
Covina, CA 91723,305 E Navilla PL
Covina, CA 91723,305 E Navilla PL
Covina, CA 91723,305 E Navilla PL
Covina, CA 91723,305 E Navilla PL
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Reyna Perea Lopez

Reyna Perea Lopez

+1(619) 274-5706
$ 1,528,000
Est. payment | /mo

8 Beds

6 Baths

3,672 SqFt

Save
$ 1,528,000
Est. payment | /mo
Save

8 Beds

6 Baths

3,672 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,672 sqft

Price per Sqft $416

MLS Listing ID 25577017

Bedrooms 8

HOA Y/N No

Year Built 1958

Lot Size 7,623 Sqft

Property Description

Prime Investment Opportunity. Welcome to 305 E Navilla Pl, a 6-unit multifamily property situated in one of the city's most desirable rental corridors and located just minutes from Downtown Covina. --- This property is ideal for investors seeking stabilized in-place cash flow with a high 6.55% cap rate and is currently 100% tenant-occupied. The unit mix consists of four 1+1 units and two 2+1 units on a 7,621 SF lot. --- Each unit is equipped with its own water heater, along with individual gas & electric meters, significantly reducing landlord expenses and boosting operational efficiency. On-site parking further enhances tenant convenience and overall appeal. --- Close to shops, dining, parks, and major freeways (I-10 & I-210), offering strong tenant appeal & long-term investor stability. Whether new to multifamily investing or expanding an established portfolio, 305 E Navilla Pl presents a rare opportunity to acquire a reliable, income-producing asset with value-add potential in one of the San Gabriel Valley's most established rental markets.

Location

State CA

County Los Angeles

Area 614 - Covina

Zoning CVR3-RD1250*

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Wood

Fireplace No

Appliance Dishwasher, Range, Refrigerator

Laundry None

Exterior

Parking Features Assigned, Covered, Detached Carport, On Street

Carport Spaces 6

Pool None

Total Parking Spaces 6

Private Pool No

Building

Lot Description Front Yard

Story 2

Entry Level Two

Water Public

Level or Stories Two

New Construction No

Schools

School District Covina Valley Unified

Others

Senior Community No

Tax ID 8445030017

Special Listing Condition Standard

CRMLS – RECore
Listed by Ting Zhou eXp Realty of Greater Los Angeles

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Reyna Perea Lopez
Reyna Perea Lopez

Agent | License ID: 02118739

+1(619) 274-5706

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