638 E Badillo Street, Covina, CA 91723

About this property

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.

Listing description from the May 2024 sale, as reported to CRMLS.

Sale history

$2,287,500

Sold May 2024 · listed $2,600,000, on market March 2024 · MLS #24365567 · Source: CRMLS

Listing Agent: Shant Sherbetdjian · Listing Office: Remax Commercial and Investment Realty · Contact: 213-817-1000 · Bought with: Subscriber Non · Non-Participant Office

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