Covina Homes with Three Or More Levels Stories

Covina Homes with Three Or More Levels Stories

Welcome to Covina, California – a vibrant city nestled in the heart of Los Angeles County, where the charm of suburban living meets the excitement of urban amenities. Known for its friendly atmosphere and rich cultural diversity, Covina offers residents a unique blend of small-town warmth and big-city conveniences. With a variety of parks, shopping centers, and dining options, it’s a place where families can thrive and individuals can enjoy a fulfilling lifestyle.

One of the standout features of Covina is its diverse housing market, which includes an array of stunning homes that boast three or more levels. These multi-story residences provide not just ample living space but also the opportunity for breathtaking views of the San Gabriel Mountains and the surrounding landscapes. Imagine hosting gatherings in your spacious living room or retreating to a private upper-level suite for some well-deserved tranquility. With innovative designs and modern amenities, these homes cater to a variety of lifestyles, whether you’re a growing family needing room to expand or a professional seeking a stylish urban oasis.

Living in Covina means embracing a community that values connection and engagement. From local events to farmers' markets, there’s always something happening. Plus, with convenient access to major highways and public transportation, commuting to downtown Los Angeles or exploring the greater Southern California area is a breeze.

Discover the allure of Covina and explore the possibilities that come with owning a multi-level home in this delightful city. Your dream home awaits!

Newest Covina Homes with Three Or More Levels Stories

708 E Ruddock Street, Covina
$4,100,000
28 Beds ⋅ 26 Baths ⋅ 26993819 MLS ⋅ Active Status
708 E Ruddock Street, Covina offers investors a compelling combination rarely found in Southern California multifamily: a 14-unit asset with no local rent control, central air conditioning, and a below market basis. Set on a quiet cul-de-sac in one of Covina's most established neighborhoods, this pride-of-ownership community sits on an expansive 34,279 square foot lot.The freedom from local rent control is significant. While many nearby submarkets cap owners' ability to push rents toward market, Covina gives ownership full flexibility to reposition the property as units turn, with only state level regulatory ceiling on the upside. Unit sizes stand out too, averaging over 1,000 square feet, well above the norm for this submarket. Six of the fourteen units are townhouse-style, offering a true two-story living experience that drives tenant loyalty and premium rents. Each unit also has its own individual water heater, keeping utility costs low and operations simple. Parking is another strength: 40 spaces across two-car garages, one-car garages, covered parking, and on-grade parking, well above typical ratios nearby. A gated entrance and quiet cul-de-sac setting round out the property's appeal and keep turnover low. The rent roll reflects a stable, well-run asset at 100% occupancy with many long-term tenants in place.Current rents span a wide range, from the $1,300s to nearly $2,200 for similarly configured units, pointing to clear upside as units turn.For investors seeking dependable in-place income paired with an easy to realize path to rent growth, 708 E Ruddock Street is the most compelling multifamily investment opportunity available in Covina today.

708 E Ruddock Street, Covina

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.