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3108008221
Real Estate Company
305 E Navilla Place, 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
- Status
- CLOSED
- MLS#
- 25577017
- Year Built
- 1958
- Bedrooms
- 8
- Bathrooms
- 6
- Living Sq. Ft
- 3,672
- Lot Size
- 7,621
- Acres
- 0.18
- Lot Location
- Front Yard
- Days on Market
- 0
- Property Type
- Multifamily
- Stories
- Two Levels
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.
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Additional Information
- Appliances
- Dishwasher, Range, Refrigerator
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Water
- Public
- School District
- Covina Valley Unified
- Attached Structure
- Attached
- Number Of Units Total
- 6
Listing courtesy of Listing Agent: Ting Zhou (vincyzhou.re@gmail.com) from Listing Office: eXp Realty of Greater Los Angeles.
Listing sold by Antonio Barraza from Combined Los Angeles Westside, Multiple Listing Services
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.