305 E Navilla Place, Covina, CA 91723
Property · 2 recorded sales since 2015
Sold October 2025
Listing Agent: Ting Zhou (DRE #02177361) · Listing Office: eXp Realty of Greater Los Angeles · Contact: 888-652-1314 · Bought with: Antonio Barraza · Combined Los Angeles Westside, Multiple Listing Services · MLS #25577017 · Source: CRMLS
About this property
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.
Listing description from the October 2025 sale, as reported to CRMLS.
Sale history
