Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1958
Sq.Footage
N/A
Welcome to 305 E Navilla Pl, a garden-style 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 at a net 6.5% 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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Heating YN
YES
-
Heating
Wall Furnace
Exterior
-
Garage
No
-
Construction Materials
Wood Siding
-
Pool
No
Area & Lot
-
Lot Features
Front Yard
-
Lot Size(acres)
0.175
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,528,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Ting Zhou , eXp Realty of Greater Los Angeles
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