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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#25577017 • last updated 10 months ago

Movoto checked The MLS for data 30 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