626-816-7166
[email protected]
Communities
Sellers
Buyers
About
17
305 E Navilla Place
$1,528,000 Sale
Listed 7 days ago
· 8
· 0
· 6
· 3672
Key Facts
Key facts for 305 E Navilla Place
Property Type
Other
Parking
Assigned,Covered,DetachedCarport,OnStreet , Assigned,Covered,DetachedCarport,OnStreet 6 parking
MLS #
25577017
Size
3672 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
1958
Maintenance Fee
-
Description
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% te...nant-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., Directions:From I-10 East, take Azusa Ave exit, right on Azusa Ave, left on E Navilla Pl to 305 E Navilla Pl, Covina, CA 91723 on the right.
Similar Properties (No results)
Listing courtesy of: eXp Realty of Greater Los Angeles