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265 E Navilla Pl, Covina, CA 91723
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265 E Navilla Pl Covina, CA 91723

$3,600,000 Sold Price as of 05/13/2022
  • 22 Beds
  • 14 Baths
  • 11,536 Sq.Ft.
Sold
$3,600,000 Sold Price as of 05/13/2022 Refinance Your Mortgage
Map preview of 265 E Navilla Pl, Covina, CA 91723

Property Overview: 265 E Navilla Pl Covina, CA has 22 bedrooms, 14 bathrooms, 11,536 living square feet and 15,808 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment for the savvy buyer! 14 units all occupied; 6 one bedroom units and 8 two bedroom units. They all surround a courtyard and pool area. Tenant parking includes (2) two car garages and 14 carports and there is always plenty of street parking for their guests. Laundry is easily accessible with a separate laundry room that has 2 sets of washers and dryers. Walk to Downtown Covina and Eastland Shopping Center.

Listed by DONNA DANCE | BRE #01079262 | ROYAL HOMES & LOANS
Last checked: 15 minutes ago | Last updated: May 13th, 2022 | Source CRMLS | DOM: 29

Home details

Lot Sq. Ft
15,808
HOA Dues
$0/mo
Year built
1959
Garage
4 Car
Property Type:
Apartment
Status
Sold
MLS#
CV22007813
City
Covina
County
Los Angeles
Time on Site
979 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 14
  • Total # of Buildings: 1
  • # of Leased Units: 14
  • # of Electric Meters: 15
  • # of Gas Meters: 15
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $8,785
  • Total Rent: $8,785
  • Pro Forma/Market Rent: $14,400
Unit Breakdown 2
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $6,505
  • Total Rent: $6,505
  • Pro Forma/Market Rent: $9,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $176,039
  • Net Operating Income: $142,139
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $33,900
  • Electric: $2,944
  • Gas/Fuel: $344
  • Licenses: $151
  • Trash: $4,462
  • Gardener: $1,800
  • Insurance: $11,598
  • Maintenance: $4,869
  • Professional Management: $0
  • Water/Sewer: $3,855

Property Details for 265 E Navilla Pl

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Features
  • Has Pool
  • Pool Features: Private, Fenced, In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 18
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Landscaped, Level with Street, Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 14
  • Parcel Number: 8455022031
  • Year Built Source: Assessor
  • Property is Attached
  • Offered With Property: All fixtures that are attached in the units.
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: N/Rowland ; E/Second
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Covina Agent

Sale History for 265 E Navilla Pl

Last sold for $3,600,000 on May 13th, 2022

  • January, 2022

  • Jan 14, 2022

    Date

    Canceled

    CRMLS: CV22007053

    $3,900,000

    Price

  • Listing provided courtesy of CRMLS

    Great investment for the savvy buyer! 14 units all occupied; 6 one bedroom units and 8 two bedroom units. They all surround a beautiful courtyard and pool area. Tenant parking includes (2) two car garages and 14 carports and there is always plenty of street parking for their guests. Laundry is easily accessible with a separate laundry room that has 2 sets of washers and dryers. There is an onsite manager to assist everyone at all times.

  • January, 2022

  • Jan 14, 2022

    Date

    Active

    CRMLS: CV22007813

    $3,900,000

    Price

  • February, 2006

  • Feb 21, 2006

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2000

  • Aug 3, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 265 E Navilla Pl

Assessed Value (2020): $406,579
Year Land Value Improved Value Assessed Value
2020 $72,162 $334,417 $406,579

Home Value Compared to the Market

This property vs the competition

265 E Navilla Pl sold on May 13, 2022 for 397.88% higher than the current median sold price for the city of Covina which is $783,315. The median sold price per/sqft for Covina is $502 and this home is sold at $338.07 per/sqft which puts the price per square foot 32.65% lower than the current median sale per square foot for the city of Covina.

About 265 E Navilla Pl

Detailed summary of property

265 E Navilla Pl is a apartment that recently sold in Covina, CA 91723. This apartment offered 22 bedrooms, 14 bathrooms, roughly 11,536 living square feet, and sits on an approximately 15,808 square foot lot. 265 E Navilla Pl was first listed on ArdentRealEstateGroup.com on January 14, 2022. The homeowner sold the property for $3,600,000. Home in Covina are selling for a median price of $783,315 and a median price per square foot of $502. Based on Ardent Real Estate Group's Covina Market Data, this home is sold 397.88% higher than the current median priced home. Local homes that are currently for sale include 927 S Bruce St, 654 Bellefontaine St and 3300 W Orange Ave. While the average home in Covina, CA is selling in 52 days, 265 E Navilla Pl has a days on market of 29 days. There are currently 104 homes for sale in the Covina real estate market and 75 of them are single family homes while 19 of them are condos and 10 are townhomes. For more information on this home for sale at 265 E Navilla Pl Covina, CA 91723 contact Ardent Real Estate Group and we will put you in touch with one of our Covina agents.

Public Facts for 265 E Navilla Pl

Public county record property details
Beds
--
Baths
14
Year built
1959
Sq. Ft.
11,536
Lot Size
15,808
Stories
--
Type
Apartment House (5+ Units)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
4,5
APN
8445-022-031

The source for these homes facts are from public records.

91723 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$725,000
Median List Price/Sq.Ft.
$505
Median Sold Price
$770,000
Median Sold Price/Sq.Ft.
$490
Total Inventory
20
Median Sale to List Price %
100%
Avg Days on Market
34
Loan Type
Conventional (57.14%), FHA (14.29%), VA (0%), Cash (14.29%), Other (14.29%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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