270 E Badillo Street, Covina, CA 91723 - Photo 1 of 10, Covina, CA
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Sold$3,150,000on Aug 29, 2025

270 E Badillo Street, Covina, CA 91723

RE/MAX 2000 REALTY
3Beds
2Baths
0
25Days Listed

About This Property

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.

Property Location

Map

Property Details

Property Type
Res Income 2-4 Units
Bedrooms
3
Bathrooms
2
Building Area
0 Sqft
Living Area
0 sqft
Year Built
0
Status
Sold
Days on Market
25
Cumulative Days on Market
26
Original Price
$3,250,000

Location & Neighborhood

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Covina Market Snapshot

114

Active Listings

$720K

Median Price

102

Avg Days on Market

Last updated: Aug 30, 2025

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Listed by

Kristopher German, RE/MAX 2000 REALTY · 909-645-0443

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.

$3,250,000