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.
Pending
Listing Provided by:
Kristopher German DRE #01800021 909-645-0443,
RE/MAX 2000 REALTY
$3,250,000
270 E Badillo St, Covina, CA 91723
13beds
12baths
8,673sqft
Est.:
Multi Family
Built in 1964
-- sqft lot
$3,119,500 Zestimate®
$375/sqft
$-- HOA
What's special
Sparkling gated poolCovered parkingUpdated interiors
- 34 days
- on Zillow |
- 170 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: August 04, 2025 at 09:49am
Listing Provided by:
Kristopher German DRE #01800021 909-645-0443,
RE/MAX 2000 REALTY
Source: CRMLS,MLS#: CV25154872
Originating MLS: California Regional MLS

Travel times
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: $375/sqft
- Date on market: 7/10/2025
- Listing terms: Cash to Existing Loan,Owner Will Carry,Private Financing Available
- Total actual rent: 22140
- Tenant pays: Electricity, Gas
- Road surface type: Paved
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