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Trudy Kranz Whitney

trudy@trudyscoastalproperties.com +1(760) 450-5839

$ 1,528,000

Est. payment -/mo

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Pending

305 E Navilla PL Covina, CA 91723

8 Beds

6 Baths

3,672 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Pending

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

Listed by Ting Zhou eXp Realty of Greater Los Angeles

Trudy Kranz Whitney

Global Real Estate Advisor | License ID: 02056724

+1(760) 450-5839

Trudy Kranz Whitney

305 E Navilla PL Covina, CA 91723

Key Details

Location

Interior

Exterior

Building

Schools

Others

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305 E Navilla PL