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Sold for $3,150,000
  • Listed by: RE/MAX 2000 REALTY • Kristopher German • Contact: 626-427-0786
    Bought with: RE/MAX 2000 REALTY
    $3,150,000

    270 E Badillo St, Covina, CA 91723

    13beds
    12baths
    8,673sqft
    Multi Family
    Built in 1964
    -- sqft lot
    $3,140,800 Zestimate®
    $363/sqft
    $2,687 Estimated rent

    Home value

    $3,140,800

    $2.83M - $3.49M

    $2,687/mo

    Zestimate® history
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    $2,687/mo

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    $20,231/mo

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    What's special

    Sparkling gated poolCovered parkingUpdated interiors
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristopher German DRE #01800021 909-645-0443,

    RE/MAX 2000 REALTY

    Bought with:

    Kristopher German, DRE #01800021

    RE/MAX 2000 REALTY

    Source: CRMLS,MLS#: CV25154872MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 13
    • Bathrooms: 12
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 8,673
    • Total interior livable area: 8,673 sqft

    Property

    Parking
    • Total spaces: 20
    • Parking features: Attached Carport, Assigned
    • Carport spaces: 14
    • Uncovered spaces: 6
    Features
    • Levels: One,Two
    • Stories: 1
    • Entry location: 1
    • Has private pool: Yes
    • Pool features: Fenced, Private
    • Spa features: None
    • Fencing: Block
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.36 Acres
    • Dimensions: 001
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 8445011001
    • Zoning: CVTC-P*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks
    Location
    • Region: Covina

    Financial & listing details

    • Price per square foot: $363/sqft
    • Date on market: 7/10/2025
    • Cumulative days on market: 25 days
    • Listing terms: Cash to Existing Loan,Owner Will Carry,Private Financing Available
    • Total actual rent: 22140
    • Tenant pays: Electricity, Gas
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/29/2025Sold$3,150,000-3.1%$363/sqft
    Source: CRMLS #CV25154872 Report a problem
    8/4/2025Pending sale$3,250,000$375/sqft
    Source: CRMLS #CV25154872 Report a problem
    7/10/2025Listed for sale$3,250,000$375/sqft
    Source: CRMLS #CV25154872 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 91723

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,140,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,140,800