305 E Navilla Place, Covina, CA 91723

  • $1,528,000
305 E Navilla Place, Covina, CA 91723
Active
305 E Navilla Place, Covina, CA 91723
305 E Navilla Place, Covina, CA 91723
  • $1,528,000

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.

  • Address 305 E Navilla Place
  • City Covina
  • State/county CA
  • Zip/Postal Code 91723
  • Country US

Details

Updated on September 5, 2025 at 12:51 am
  • Property ID: 25577017
  • Price: $1,528,000
  • Property Size: 3672
  • Land Area: 0.175 Acres
  • Bedrooms: 8
  • Bathrooms: 6
  • Garage Size: x x
  • Year Built: 1958
  • Property Type: Residential Income
  • Property Status: Active

Contact Information

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  • Hoyt Hochman