Covina Homes with Three Or More Levels Stories

Covina Homes with Three Or More Levels Stories

Welcome to Covina, a charming city located in the heart of Los Angeles County, California. Covina is known for its tree-lined streets, friendly community, and vibrant downtown area. With a mix of historic homes and modern developments, Covina offers a diverse range of real estate options for homebuyers.

If you're looking for a home with three or more levels, Covina has plenty to offer. These multi-level homes provide ample space for families, guests, or anyone looking for a little extra room to spread out. From cozy townhouses to spacious single-family residences, you'll find a variety of options to suit your needs and lifestyle.

Living in a multi-level home in Covina allows you to enjoy stunning views of the surrounding mountains, easy access to local amenities, and a sense of privacy and seclusion. Whether you're drawn to the historic charm of older homes or the modern features of newer construction, you're sure to find the perfect property to call your own in Covina.

With its convenient location, excellent schools, and strong sense of community, Covina is a wonderful place to put down roots and make lasting memories. If you're in the market for a home with three or more levels in Covina, now is the perfect time to explore all that this vibrant city has to offer. Let us help you find your dream home in Covina today!

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

Start Your Search

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.