Covina, CA 91723,305 E Navilla Place

$1,475,000

$1,528,000

3.5%
Est.Price: ?

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Est. payment /mo

3,672 SqFt


SOLD DATE : 10/30/2025

Key Details

Sold Price $1,475,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 3,672 sqft

Price per Sqft $401

MLS Listing ID CL25577017

Sold Date 10/30/25

HOA Y/N No

Year Built 1958

Lot Size 7,621 Sqft

Acres 0.18

Property Sub-Type Other

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

Zoning CVR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Wood

Fireplace No

Laundry No Hookups

Building

Lot Description Front Yard

New Construction No

Others

Tax ID 8445030017

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Bridge MLS
Listed by Ting Zhou • eXp Realty of Greater Los Angeles
Bought with AntonioBarraza
Justin Kenney

+1(925) 808-9139

justinkenney96@gmail.com

9030 BRENTWOOD BLVD, BRENTWOOD, California, 94513, United States

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