




+5 photos

1 / 10
Sold$3,150,000on Aug 29, 2025
270 E Badillo Street, Covina, CA 91723
RE/MAX 2000 REALTY
3Beds
2Baths
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
Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.
Covina Market Snapshot
114
Active Listings
$720K
Median Price
102
Avg Days on Market
Last updated: Aug 30, 2025
More Sold Properties in Covina
View allListed 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