Welcome to 305 E Navilla Pl, a garden-style 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 at a net 6.5% 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.
Property Details
Price:
$1,528,000
MLS #:
25577017
Status:
Active
Baths:
0
Address:
305 E Navilla Place
Type:
Residential Income
Neighborhood:
614covina
City:
Covina
Listed Date:
Aug 11, 2025
State:
CA
ZIP:
91723
Lot Size:
7,621 sqft / 0.18 acres (approx)
Year Built:
1958
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Schools
Interior
Appliances
Dishwasher, Refrigerator, Range
Cooling
Wall/ Window Unit(s)
Flooring
Wood
Heating
Wall Furnace
Exterior
Lot Features
Front Yard
Parking Features
Detached Carport, Assigned, Covered, Street
Parking Spots
6.00
Pool Features
None
Spa Features
None
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address305 E Navilla Place Covina CA
- Area614 – Covina
- CityCovina
- CountyLos Angeles
- Zip Code91723
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305 E Navilla Place
Covina, CA
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