Movoto Real Estate
Sold on 09/15/2025
  • Other
  • Exterior
  • Living
  • Bath
  • Dining
  • Kitchen
  • Bedroom

305 E Navilla Pl, Covina, CA 91723

$1,475,000

Last sold 09/15/2025 after 34 Days

  • 8

    bed

  • 6

    bath

  • 3,672

    Sqft ($402/Sqft)

Multi-family not for sale

About 305 E Navilla Pl

Property type Multi-family
Neighborhood
Year built 1958
HOA fee $0/month
Lot size 7,621 Sqft
Movoto estimate
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.
Listed by
Listing Agent - Ting Zhou
Listing Office - eXp Realty of Greater Los Angeles
Source: The MLS mls logo
MLS#25577017 • last updated 10 months ago
Movoto checked The MLS for data 9 minutes ago
Overview
Levels/Style Two
MLS # 25577017
Type Residential Income
Status Pending
SqFt 3672
Lot Size (SqFt) 7621
Lot Size (Acres) 0.175
Year Built 1958
Interior
Total # of Baths 6
Total # of Bedrooms 8
Flooring Wood, Hardwood
Appliances Range
Exterior
# Carport Spaces 6
# Parking Spaces 6
Parking Desc Carport Detached, Assigned, Covered Parking, Detached, Garage - 4+ Car, On Street
# Covered Parking Spaces 6
Lot Desc Curbs, Front Yard
Add'l Structures Accessory Bldgs
Lot Location City
Amenities / Utilities
Water District
Water Heater Central Water Heater
Equipment Refrigerator, Dishwasher, Range/Oven
Pool None
Location
County Los Angeles
School District Covina Valley Unified
Zoning CVR3-RD1250*
APN 8445-030-017
Multifamily Details
Unit 5: # Baths 1
Unit 3: Furnished No
Unit 1: Furnished No
Unit 4: Furnished No
Unit 5: Furnished No
Unit 3: Projected Rent 1695
Unit 1: Projected Rent 2250
Unit 1: # Beds 2
Unit 4: # Beds 2
Unit 1: Rent 2250
Unit 2: Rent 1595
Unit 3: Rent 1695
Unit 4: Rent 1980
Unit 5: Rent 1750
Unit 2: Furnished No
Unit 2: Projected Rent 1595
Unit 5: Projected Rent 1750
Unit 4: Projected Rent 1980
Unit 3: # Beds 1
Unit 2: # Beds 1
Unit 2: # Baths 1
Unit 3: # Baths 1
Unit 1: # Baths 1
Unit 4: # Baths 1
Unit 5: # Beds 1
Unit 4: Actual Rent 1980
Unit 2: Actual Rent 1595
Unit 3: Actual Rent 1695
Unit Type 2106, 2107, 2108, 2109, 2110
Unit 5: Actual Rent 1750
Unit 1: Actual Rent 2250
Total # Of Buildings 1
Net Operating Income 97455
Cap Rate 6.38
Gross Income 131640
Gross Operating Income 131640
Gross Rent Multiplier 11.61
Total Annual Expenses 34185
$1.47M
Range: $1.32M-$1.61M
Last 30 days 
  • Oct 2025
    Public Records
  • Oct 31, 2025 Sold
    $1,475,000
  • Oct 2025
    mls logo MLS # 25577017
  • Oct 30, 2025 Sold
    $1,475,000 (-3.5%)
  • Aug 24, 2025 Pending
  • Aug 11, 2025 Listed
    $1,528,000 (+60.8%)
  • Jun 2015
    Public Records
  • Jun 11, 2015 Sold
    $950,000 (-2.6%)
  • Jun 2015
    mls logo MLS # AR15052149
  • Jun 11, 2015 Sold
    $975,000
  • Mar 12, 2015 Listed
    $975,000 (+194.6%)
  • Mar 2007
    Public Records
  • Mar 7, 2007 Sold
    $331,000 (-51.0%)
  • Nov 2005
    Public Records
  • Nov 1, 2005 Sold
    $675,000
  • Year Property taxes Tax assessment
  • 2024
    $15,337 +1.4%
    $1,119,361
  • 2023
    $15,130 +1.3%
    $1,119,361 +4.04%
  • 2022
    $14,943 +1.4%
    $1,075,897 +2.0%
  • 2021
    $14,733 +1.3%
    $1,054,802 +1.04%
  • 2020
    $14,550
    $1,043,987
  • 305 E Navilla Pl
    $1.47M
  • Covina
  • 91723
    $649K -18% y/y
  • Covina
    $729K -2% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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