Covina, CA 91723,305 E Navilla Pl
Covina, CA 91723,305 E Navilla Pl
Covina, CA 91723,305 E Navilla Pl
18
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$1,528,000
Est. payment /mo
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8 Beds
6 Baths
3,672 SqFt
Active

305 E Navilla Pl Covina, CA 91723

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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


TheMLS (CLAW)
Listed by eXp Realty of Greater Los Angeles

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Roddy de la Garza

Roddy de la Garza

Broker Associate | License ID: CA 01995374 / TX 431113

+1(323) 696-5375

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305 E Navilla Pl