270 E Badillo Street, Covina, CA 91723
Local realty services provided by:Better Homes and Gardens Real Estate Champions



270 E Badillo Street,Covina, CA 91723
$3,250,000
- - Beds
- - Baths
- 8,673 sq. ft.
- Multi-family
- Pending
Listed by:kristopher german
Office:re/max 2000 realty
MLS#:CV25154872
Source:CRMLS
Price summary
- Price:$3,250,000
- Price per sq. ft.:$374.73
About this home
Seller Financing Available! Just listed in the highly desirable city of Covina, this 12-unit multi-family investment presents an outstanding opportunity with a REAL 6.3% cash-on-cash return. Featuring a strong unit mix of 1 LARGE 2-Bedroom/2-Bath unit, and 11 well-maintained 1-Bedroom/1-Bath units, the property spans 8,673 rentable square feet on a 15,733 square foot lot.
Current financials boast a 5.75% CAP Rate and a 12 GRM, making this a solid performer from day one. Tenants enjoy desirable amenities including covered parking, a sparkling gated pool, and onsite laundry facilities, contributing to high tenant retention. The property offers 20 total parking spaces and most units feature updated interiors, reflecting pride of ownership throughout.
Located near Downtown Covina, with easy access to restaurants, major retailers, and public transportation, the property is perfectly situated in a high-demand rental corridor. For qualified buyers, seller financing is available with just 30% down, 5.5% interest-only payments, and due and payable in 5-years, offering a rare opportunity to acquire a stabilized asset with attractive financing terms.
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Home facts
- Year built:1964
- Listing Id #:CV25154872
- Added:37 day(s) ago
- Updated:August 17, 2025 at 07:24 AM
Rooms and interior
- Living area:8,673 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
Structure and exterior
- Roof:Shingle
- Year built:1964
- Building area:8,673 sq. ft.
- Lot area:0.36 Acres
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$3,250,000
- Price per sq. ft.:$374.73
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