$1,475,000
$1,528,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
6 Baths
3,672 SqFt
SOLD DATE : 10/30/2025
Key Details
Sold Price $1,475,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,672 sqft
Price per Sqft $401
MLS Listing ID 25577017
Sold Date 10/30/25
Bedrooms 8
Year Built 1958
Tax Year 2025
Lot Size 7,621 Sqft
Acres 0.175
Property Sub-Type Multi-Family
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 Covina
Zoning CVR3-RD1250*
Rooms
Other Rooms Accessory Bldgs
Interior
Heating Wall
Cooling Wall/Window, Window Unit(s)
Flooring Wood, Hardwood
Equipment Refrigerator, Dishwasher, Range/Oven
Laundry None
Exterior
Parking Features Carport Detached, Assigned, Covered Parking, Detached, Garage - 4+ Car, On street
Garage Spaces 6.0
Pool None
Building
Lot Description Curbs, Front Yard
Story 2
Water District
Level or Stories Two
Schools
School District Covina Valley Unified
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Combined Los Angeles Westside, Multiple Listing Se
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