270 E Badillo St,
Covina, CA 91723
已成交 成交價: $315萬 成交日期: 2025年08月29日
卧室: -- 浴室: -- / 其他類型
房屋信息

其他類型

15733 平方英呎
(1,462平方米)

1964 年

2

20 停車位

冷: WW

地產編號: CV25154872
所處郡縣: LA
面積單價:$363.20/sq.ft ($3,909 / 平方米)
車位類型:AS,CPA
房屋簡介

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.

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