USACACovina270 E Badillo St
270 E Badillo St, Condo with 0 bedrooms, 0 bathrooms and 20 parking in Covina CA | Image 1
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$3,250,000

270 E Badillo St, Covina, CA

Condo

For Sale

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0020
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 23
Approx. Age 1964
MLS® Number CV25154872

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® NumberCV25154872
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area
Exposure
Exterior
GarageNo
Approx. Age1964
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/CWall Window Units
Heating Fuel

Extras

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