12 Units Covina-Seller Financing Available! 270 E Badillo St Immeuble residentiel 12 lots 2 845 473 € (237 123 €/Lot) Taux de capitalisation 5,75 % Covina, CA 91723

Seller Financing Available! Kristopher German of The Apartment Dealer is pleased to offer for sale this 12-unit multi-family investment property located in the city of Covina. The asset 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 a 30% down payment, 5.5% interest-only payments, due and payable in 5-years, offering a rare opportunity to acquire a stabilized asset with attractive financing terms.