Covina, CA 91723,270 E Badillo ST
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Covina, CA 91723,270 E Badillo ST
Covina, CA 91723,270 E Badillo ST
Covina, CA 91723,270 E Badillo ST
Covina, CA 91723,270 E Badillo ST
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Pinnacle Realty Advisors

Pinnacle Realty Advisors

+1(972) 338-5441
Listed by Kristopher German • RE/MAX 2000 REALTY
$ 3,250,000
Est. payment /mo
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270 E Badillo ST Covina, CA 91723

0.36 Acres Lot


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRCV25154872

Year Built 1964

Lot Size 0.361 Acres

Source California Regional MLS

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

Area 614 - Covina

Interior

Cooling Window / Wall Unit

Laundry Laundry Area

Exterior

Parking Features Assigned Spaces, Carport

Garage Spaces 20.0

Pool 31, Pool - Yes, Pool - Fenced

View None

Roof Type Shingle

Building

Story One Story

Water District - Public

Others

Tax ID 8445011001

Special Listing Condition Not Applicable


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270 E Badillo ST