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(323) 864-4211
Linda Roth Burrell
305 E Navilla Pl, Covina, CA 91723
- $1,475,000
- 8
- BD
- 6
- BA
- 3,672
- SqFt
- Sold Price
- $1,475,000
- List Price
- $1,528,000
- Closing Date
- Oct 30, 2025
- MLS#
- 25577017
- Year Built
- 1958
- Bedrooms
- 8
- Bathrooms
- 6
- Living Sq. Ft
- 3,672
- Lot Size
- 7,621
- Lot Location
- City
- Days on Market
- 35
- Property Type
- Multifamily
- Stories
- 2
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.
Additional Information
- Lot Description
- Curbs, Front Yard
- Other Buildings
- Accessory Bldgs
- Pool Description
- None
- Heat
- Wall
- Cooling
- Wall/Window, Window Unit(s)
- Number of Cars in Garage
- Carport Detached, Assigned, Covered Parking, Detached, Garage - 4+ Car, On street
- Water
- District
- School District
- Covina Valley Unified
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Courtesy of eXp Realty of Greater Los Angeles, Ting Zhou - CA DRE#02177361 Selling Office: .
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