About 305 E Navilla Place
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.
Features of 305 E Navilla Place
| MLS® # | 25577017 |
|---|---|
| Price | $1,528,000 |
| Sold Price | $1,475,000 |
| Bedrooms | 7 |
| Bathrooms | 5.00 |
| Square Footage | 3,672 |
| Lot Sqft | 7,621 |
| Acres | 0.18 |
| Year Built | 1958 |
| Type | Residential Income |
| Status | Closed |
| # Of Units | 6 |
Community Information
| Address | 305 E Navilla Place |
|---|---|
| Area | 614 - Covina |
| City | Covina |
| County | Los Angeles |
| Zip Code | 91723 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Parking | Assigned, Covered, Detached Carport, On Street |
| Garages | Assigned, Covered, Detached Carport, On Street |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Wood |
|---|---|
| Appliances | Dishwasher, Range, Refrigerator |
| Heating | Wall Furnace |
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | Front Yard |
|---|
School Information
| District | Covina Valley Unified |
|---|
Additional Information
| Date Listed | August 11th, 2025 |
|---|---|
| Date Sold | October 30th, 2025 |
| Days on Market | 21 |
| Zoning | CVR3-RD1250* |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Ting Zhou |
|---|---|
| Office | eXp Realty of Greater Los Angeles |