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$3,250,000

270 E Badillo St Covina, CA 91723

0.4 acres
Condo

Property details

About 270 E Badillo St

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.

Highlights

Home typeCondominium
StatusActive
CoolingWall/Window Unit(s)
Lot size0.3612 Acres
Year built1964
ParkingAttached Carport, Assigned
MLS #CV25154872
Private poolYes

Summary

  • Fireplace: None
  • Private Pool: Yes
  • Parking: Attached Carport, Assigned
  • Cooling: Wall/Window Unit(s)
  • List Price: $3,250,000
  • HOA Amount: $0
  • Annual Tax Amount: $22,317
  • Tax Year: 2024
  • Directions: South of San Bernardino Rd. East of Citrus Ave
  • Year Built: 1964
  • Stories: 2
  • Lot Size: 0.3612 Acres
  • MLS Number: CV25154872
  • MLS Name: CRMLS
  • Office Name: RE/MAX 2000 REALTY
  • Office Phone: (909) 645-0443
  • Listing Agent: Kristopher German

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/11/2025, 11:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Apr 23, 2010
Home Sold
$1,200,000

Tax history

YearAssessmentProperty Tax
2024$1,518,606$22,317
2023$1,488,830$22,030
2022$1,459,638$21,766
2021$1,431,018$21,446
2020$1,416,346$21,005
2019$1,388,576$20,084
2018$1,361,350$19,636
2017$1,334,658$19,636

History based on county public records data.

Nearby schools

7

Barranca Elementary School

Public District KG-5

0.7 mi

727 S Barranca Ave

7

Cypress Elementary School

Public District KG-5

0.9 mi

351 W Cypress St

7

Ben Lomond Elementary School

Public District KG-5

1.1 mi

621 E Covina Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,157. The majority of Covina, CA residents have income less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

45%
<35k
39%
35k-100k
16%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

46%
Single, No Kids
15%
Single, with Kids
19%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
8%
12-17 yrs old
27%
18-34 yrs old
40%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 270 E Badillo St

The listing price of 270 E Badillo St property is $3,250,000.

The property 270 E Badillo St is a condo located in Covina, California, 91723.

Active Listing: 270 E Badillo St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 270 E Badillo St are: Barranca Elementary School (GreatSchools Rating 7/10), Cypress Elementary School (GreatSchools Rating 7/10), Ben Lomond Elementary School (GreatSchools Rating 7/10), Sierra Vista Middle School (GreatSchools Rating 5/10), Traweek Middle School (GreatSchools Rating 7/10), Royal Oak Middle School (GreatSchools Rating 8/10), Covina High School (GreatSchools Rating 6/10), Mt. Sac Early College Academy at West Covina (GreatSchools Rating 10/10), Fairvalley High (Continuation) (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $22,317 (source: MLS/based on county public records data).

The last sale was on April 23, 2010 for $1,200,000 (source: MLS/tax record).

The property at 270 E Badillo St has 0 bathroom.

The year of construction for 270 E Badillo St is 1964.

This home is located at 270 E Badillo St in Covina, CA and zip code 91723 in the The San Gabriel Valley neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 10, 2025 and is currently priced at $3,250,000.

In June 2025 more than 19 listings in Covina, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 19 were sold below. The inventory of homes for sale in Covina, CA between May and June 2025 increased by 8.4%. In June 2025, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $798,000.

From Rocket Homes Real Estate and based on county public records data.

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