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About the Listing CLW-X83386 - CLW-C144712
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.
Listing Highlights for 305 E Navilla Pl
Status
Active
Days on Site
26
Property Type
Multi-Family
MLS ®
25577017
Year Built
1958
Total Square Footage
3,672
Lot/Acreage
0.17
County
Los Angeles
Area
614 - Covina
Interior Details
- Bedrooms: 7
- Bathrooms: 5 Full
- Appliances: Dishwasher, Refrigerator, Range
- Air Cond: Wall/Window Unit(s)
- Heating: Wall Furnace
- Fireplaces:
- Floor: Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Front Yard,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 6
- Zoning: CVR3-RD1250*
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Detached Carport,Assigned,Covered,Street
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 8445030017
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Years
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Listing Location
Questions About..
305 E Navilla Pl Covina, CA 91723
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