305 E Navilla Pl new Save Request In-Person Tour Request Virtual Tour
Covina,CA 91723
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,672 sqft
Price per Sqft $416
MLS Listing ID 25576349
Bedrooms 8
Year Built 1958
Lot Size 7,621 Sqft
Acres 0.175
Property Sub-Type Multi-Family
Property Description
Welcome to 305 E Navilla Pl, a garden-style 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 at a net 6.5% 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 Covina
Zoning CVR3-RD1250*
Interior
Heating Wall
Laundry None
Exterior
Garage Spaces 6.0
Building
Story 2
Water District
Structure Type Wood Siding
Others
Special Listing Condition Standard