708 E Ruddock Street, Covina, CA 91723

Covina
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
708 E Ruddock Street,Covina, CA 91723
$4,100,000
  • 28 Beds
  • 26 Baths
  • 14,999 sq. ft.
  • Multi-family
  • Active
Listed by: nicholas hayner
Office: maywood property group310-650-9696
MLS#:26993819
Source:CRMLS

Price summary

  • Price:$4,100,000
  • Price per sq. ft.:$273.35

About this home

708 E Ruddock Street, Covina offers investors a compelling combination rarely found in Southern California multifamily: a 14-unit asset with no local rent control, central air conditioning, and a below market basis. Set on a quiet cul-de-sac in one of Covina's most established neighborhoods, this pride-of-ownership community sits on an expansive 34,279 square foot lot.The freedom from local rent control is significant. While many nearby submarkets cap owners' ability to push rents toward market, Covina gives ownership full flexibility to reposition the property as units turn, with only state level regulatory ceiling on the upside. Unit sizes stand out too, averaging over 1,000 square feet, well above the norm for this submarket. Six of the fourteen units are townhouse-style, offering a true two-story living experience that drives tenant loyalty and premium rents. Each unit also has its own individual water heater, keeping utility costs low and operations simple. Parking is another...

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Home facts

  • Year built:1978
  • Listing ID #:26993819
  • Added:46 day(s) ago
  • Updated:November 13, 2026 at 12:59 PM

Rooms and interior

  • Bedrooms:28
  • Total bathrooms:26
  • Kitchen Description:Disposal, Refrigerator
  • Living area:14,999 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1978
  • Building area:14,999 sq. ft.
  • Lot area:0.79 Acres

Finances and disclosures

  • Price:$4,100,000
  • Price per sq. ft.:$273.35

Features and amenities

  • Appliances:Disposal

Parking

  • Parking description:Attached Carport, Door-Multi, Door-Single, Garage
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