305 E Navilla Place, Covina, CA 91723
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
305 E Navilla Place,Covina, CA 91723
$1,528,000
- 8 Beds
- 6 Baths
- 3,672 sq. ft.
- Multi-family
- Pending
Listed by:ting zhou
Office:exp realty of greater los angeles
MLS#:25577017
Source:CRMLS
Price summary
- Price:$1,528,000
- Price per sq. ft.:$416.12
About this home
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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Home facts
- Year built:1958
- Listing ID #:25577017
- Added:50 day(s) ago
- Updated:September 26, 2025 at 07:31 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:6
- Living area:3,672 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Year built:1958
- Building area:3,672 sq. ft.
- Lot area:0.17 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$1,528,000
- Price per sq. ft.:$416.12
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