327 N Prospero Drive, Covina, Ca 91723 - Photo 1 of 8, Covina, CA
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Sold$1,975,000on Jun 27, 2025

327 N Prospero Drive, Covina, Ca 91723

RE/MAX 2000 REALTY
10Beds
8Baths
0
17Days Listed

About This Property

We are pleased to exclusively present this rare value-add 7-unit multifamily investment opportunity in the highly sought-after city of Covina. The property is comprised of a desirable unit mix featuring mostly two-story townhouse-style layouts, including (2) 3-bedroom / 1.5-bath units, (2) 2-bedroom / 1.5-bath units, and (3) 2-bedroom / 1.5-bath single-level units. Each unit offers a spacious and functional floor plan, averaging approximately 1,100 square feetan uncommon feature for buildings of this era. Residents enjoy a gated entry, covered parking, private patios or balconies, and the convenience of an on-site laundry facility. Each unit is individually metered for gas and electricity, allowing for simplified utility management and reduced operating expenses. With over 50% rental upside, this asset presents a compelling opportunity for investors to reposition the property and significantly increase cash flow. Located in a strong rental market with consistent demand, this well-located and generously sized property is ideal for the value-driven investor seeking long-term growth and stability.

Kristopher GermanRE/MAX 2000 REALTY909-645-0443

Property Location

Map

Property Details

Property Type
Res Income 2-4 Units
Bedrooms
10
Bathrooms
8
Building Area
0 Sqft
Living Area
0 sqft
Year Built
0
Status
Sold
Days on Market
17
Cumulative Days on Market
18
Original Price
$1,975,000

Location & Neighborhood

Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.

Covina Market Snapshot

117

Active Listings

$719K

Median Price

100

Avg Days on Market

Last updated: Jun 28, 2025

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Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$1,975,000