Movoto Real Estate
Sold on 04/04/2024
  • Exterior
  • View/Area

638 E Badillo St, Covina, CA 91723

  • $2,381,901

    Last sold 04/04/2024 for $2.28M

  • 13

    bed

  • 11

    bath

  • 7,034

    Sqft ($325/Sqft)

Multi-family not for sale
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About 638 E Badillo St

Property type Multi-family
Neighborhood
Year built 1988
HOA fee $0/month
Lot size 0.49 Acre
Movoto estimate
Parking 14 garage spaces
Property description
Introducing a 7-unit property situated on a vast 2-parcel lot spanning 21,334 square feet. Constructed in 1988, this property is hitting the market for the first time in 27 years. The property is positioned in a prime location in Covina (East San Gabriel Valley) and it offers an exceptional unit mix featuring spacious 1, 2, and 3-bedroom units. Among these are (1) 3-bedroom + 2.5-bathroom townhouse-style unit, (2) 2-bedroom + 1.75-bathroom units, (2) 2-bedroom + 1-bathroom units, and (2) 1-bedroom + 1-bathroom units, all complete with enclosed garage parking. Tenants benefit from on-site laundry facilities and central A/C and heating, adding to the convenience of living in this well-maintained property. Sitting in a highly sought-after rental area, it stands as a trophy investment, surrounded by numerous schools, shops, restaurants, and parks within a short distance. The property is only subject to the statewide AB1482 Rent Ordinance.
Listed by
Listing Agent - Shant Sherbetdjian
Listing Office - Remax Commercial and Investment Realty
Source: The MLS mls logo
MLS#24-365567 • last updated 2 years ago
Movoto checked The MLS for data 8 minutes ago
Overview
Levels/Style Two
MLS # 24-365567
Type Residential Income
Status Sold
SqFt 7034
Lot Size (SqFt) 21334
Lot Size (Acres) 0.2624
Year Built 1988
Interior
Total # of Baths 11
Total # of Bedrooms 13
Exterior
# Garage Spaces 14
# Parking Spaces 16
Parking Desc Uncovered, Garage Is Attached
Add'l Structures None
Amenities / Utilities
Equipment None
Inclusions Please Note, This Sale Includes 2 Parcels: 638 E Badillo St (APN 8446-008-005) And 628 E Badillo St (APN 8446-008-006)
Location
County Los Angeles
Zoning CVR3-RD3000*
APN 8446-008-005
Multifamily Details
Unit 3: Furnished No
Unit 1: Furnished No
Unit 4: Furnished No
Unit 3: Projected Rent 5000
Unit 1: Projected Rent 3000
Unit 1: # Beds 3
Unit 4: # Beds 1
Unit 1: Rent 2700
Unit 2: Rent 2067
Unit 3: Rent 2067
Unit 4: Rent 1795
Unit 2: Furnished No
Unit 2: Projected Rent 5100
Unit 4: Projected Rent 3800
Unit 3: # Beds 2
Unit 2: # Beds 2
Unit 2: # Baths 1.75
Unit 3: # Baths 1
Unit 1: # Baths 2.5
Unit 4: # Baths 1
Unit 4: Actual Rent 3590
Unit 2: Actual Rent 4134
Unit 3: Actual Rent 4134
Unit Type 2106, 2107, 2108, 2109
Unit 1: Actual Rent 2700
Total # Of Buildings 3
Net Operating Income 108111
Cap Rate 4.16
Vacancy Amount (%) 3
Vacancy Rate None
Gross Income 176328
Gross Operating Income 171038
Gross Rent Multiplier 14.75
Total Annual Expenses 62927
Vacancy Amount ($) 5290
Lot/ Land Details
Add'l APN True
$2.38M
Range: $2.14M-$2.62M
Last 30 days 
  • May 2024
    Public Records
  • May 2, 2024 Sold
    $2,287,500
  • May 2024
    mls logo MLS # 24-365567
  • May 2, 2024 Sold
    $2,287,500 (-12.0%)
  • Apr 4, 2024 Pending
  • Mar 6, 2024 Listed
    $2,600,000 (+209.5%)
  • Jan 2003
    Public Records
  • Jan 30, 2003 Sold
    $840,000
  • 638 E Badillo St
    $2.28M
  • Covina
  • 91723
    $635K -14% y/y
  • Covina
    $729K -5% y/y
No chart available
Statistics calculated by Movoto

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

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  • Real Estate
  • CA
  • Los Angeles County
  • Covina
  • 91723
  • 638 E Badillo St
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