CA > Covina
Covina, CA 91723,270 E Badillo Street
Covina, CA 91723,270 E Badillo Street
Covina, CA 91723,270 E Badillo Street
10
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$3,250,000
Est. payment /mo
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3 Beds
2 Baths
Pending

270 E Badillo Street Covina, CA 91723

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Richard Combs

Richard Combs

+1(619) 838-9307

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CV25154872

Bedrooms 3

Lot Dimensions 001

Property Sub-Type Res Income 2-4 Units

Property Description

Seller Financing Available! Just listed in the highly desirable city of Covina, this 12-unit multi-family investment presents an outstanding opportunity with a REAL 6.3% cash-on-cash return. Featuring a strong unit mix of 1 LARGE 2-Bedroom/2-Bath unit, and 11 well-maintained 1-Bedroom/1-Bath units, the property spans 8,673 rentable square feet on a 15,733 square foot lot. Current financials boast a 5.75% CAP Rate and a 12 GRM, making this a solid performer from day one. Tenants enjoy desirable amenities including covered parking, a sparkling gated pool, and onsite laundry facilities, contributing to high tenant retention. The property offers 20 total parking spaces and most units feature updated interiors, reflecting pride of ownership throughout. Located near Downtown Covina, with easy access to restaurants, major retailers, and public transportation, the property is perfectly situated in a high-demand rental corridor. For qualified buyers, seller financing is available with just 30% down, 5.5% interest-only payments, and due and payable in 5-years, offering a rare opportunity to acquire a stabilized asset with attractive financing terms.

Location

State CA

County Los Angeles

Zoning Assessor

Direction South of San Bernardino Rd. East of Citrus Ave

Interior

Cooling Wall/Window

Fireplace No

Exterior

Pool Private

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 8445011001

MLS Router / San Diego MLS
Listed by Kristopher German RE/MAX 2000 REALTY

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agent

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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270 E Badillo Street

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