Covina, CA 91723,305 E Navilla Pl
Covina, CA 91723,305 E Navilla Pl
Covina, CA 91723,305 E Navilla Pl
17
$1,475,000
$1,528,000
3.5%
Est.Price: ?

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8 BD
6 BA
3,672 SqFt

305 E Navilla Pl Covina, CA 91723

Est. payment /mo
SOLD DATE : 10/30/2025

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Key Details

Sold Price $1,475,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,672 sqft

Price per Sqft $401

MLS Listing ID 25577017

Bedrooms 8

Year Built 1958

Tax Year 2025

Lot Size 7,621 Sqft

Property Sub-Type Multi-Family

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

Area Covina

Zoning CVR3-RD1250*

Rooms

Other Rooms Accessory Bldgs

Interior

Heating Wall

Cooling Wall/Window, Window Unit(s)

Flooring Wood, Hardwood

Equipment Refrigerator, Dishwasher, Range/Oven

Laundry None

Exterior

Parking Features Carport Detached, Assigned, Covered Parking, Detached, Garage - 4+ Car, On street

Garage Spaces 6.0

Pool None

Building

Lot Description Curbs, Front Yard

Story 2

Water District

Schools

School District Covina Valley Unified

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by eXp Realty of Greater Los Angeles
Bought with Combined Los Angeles Westside, Multiple Listing Se

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Chris Mardelli

Chris Mardelli

Broker | License ID: 01834969

+1(310) 571-5761

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