This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$3,150,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property 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.
Full Property Details
Full Property Details for 270 E Badillo St
General
- Sold For: $3,150,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: CV25154872
- Added to Site: 190 day(s) ago
Interior
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: Private, Fenced
- Spa Description: None
Parking
- Parking Features: Assigned, Attached Carport
- Parking: Assigned, Attached Carport
Location
- Area: 614 - Covina
- County: Los Angeles
- Development Name: 614 - Covina
- Driving Directions: South of San Bernardino Rd. East of Citrus Ave
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 12
- # Electric Meters: 12
Structural Information
- Roof: Shingle
- Entry Location: 1
- Stories/Levels: One,Two
- Stories Description: One, Two
- Square Feet: 8,673
- Year Built: 1964
Lot Features
- Property View: None
- Lot Size (Acres): 0.3612
- Lot Size Source: Assessor
- Lot Dimensions: 1
- Zoning: CVTC-P*
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $363.2
- Price Per Unit: 270833
Listed and Sold by Re/Max 2000 Realty, Kristopher German
Get Pre-Approved Today
Schools
Schools serving 270 E Badillo St
School District:Covina-Valley Unified School District
| Name | Grades | Distance |
|---|---|---|
Barranca Elementary School 727 South Barranca Avenue, Covina, CA 91723 | K-5 | 0.7 mi |
Sierra Vista Middle School, Covina, CA 777 East Puente Street, Covina, CA 91723 | 6-8 | 0.7 mi |
South Hills High School 645 S. Barranca St., West Covina, CA 91723 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 270 E Badillo St
Date
Details
Price
Change
Source
8/29/2025
Sold
$3,150,000
-3.08%
MLS
7/10/2025
Listed
$3,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
270 E Badillo Street, Covina, CA 91723 (MLS# CV25154872) is a Multi-Family property that was sold at $3,150,000 on August 29, 2025. Want to learn more about 270 E Badillo Street? Do you have questions about finding other Multi-Family real estate for sale in Covina? You can browse all Covina real estate or contact a Coldwell Banker agent to request more information.

