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: ?

For more information regarding the value of a property, please contact us for a free consultation.

8 BD
6 BA
3,672 SqFt

305 E Navilla PL Covina, CA 91723

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

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,475,000

Property Type Single Family Home

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

Lot Size 7,623 Sqft

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 614 - Covina

Zoning CVR3-RD1250*

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Wood

Laundry None

Exterior

Parking Features Assigned, Covered, Detached Carport, On Street

Pool None

Building

Lot Description Front Yard

Story 2

Water Public

New Construction No

Schools

School District Covina Valley Unified

Others

Special Listing Condition Standard

Read Less


CRMLS – RECore
Listed by Ting Zhou eXp Realty of Greater Los Angeles
Bought with Antonio Barraza Combined Los Angeles Westside, Multiple Listing Services

GET MORE INFORMATION

Chris Mardelli

Chris Mardelli

Broker | License ID: 01834969

+1(310) 571-5761

Name
Phone*
Message